This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Stocks Hitting 52-Week Highs

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Elizabeth Arden

The beauty products company announced it second-quarter earnings on Thursday. Elizabeth Arden reported a profit of $42.4 million, or $1.42 a share, up from a year-ago profit of $40 million, or $1.19 a share.

"RDEN reported better than expected F2Q results Thursday on both the top and bottom lines, driven by healthy international sales growth and gross margin expansion," Oppenheimer analysts wrote in a Feb. 2 report. "Despite this, the company merely reaffirmed F12 guidance, citing the acceleration of the global repositioning of the Arden brand. We view this as a positive, as it is a key to the company's future growth, and underscores RDEN's underlying business strength."

Shares of Elizabeth Arden hit a 52-week high of $39.94 on Tuesday. The stock's 52-week low of $25.57 was set on March 16.

Elizabeth Arden has a forward P/E of 16.78X; the average among personal products companies is 15.83X. Kimberly-Clark (KMB) has a lower forward P/E of 12.97X.

Analysts covering Elizabeth Arden were split with four rating the company a buy and the other four giving it a hold rating.

TheStreet Ratings gives Elizabeth Arden an A- grade and has a $50.35 price target on the shares. The stock has increased 6.64% year to date.

-- Written by Alexandra Zendrian in New York.

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.
4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
B $37.12 0.00%
HD $113.07 0.00%
HUB.B $103.35 0.00%
LECO $58.87 0.00%
PNRA $184.01 0.00%

Markets

Chart of I:DJI
DOW 17,568.53 -127.94 -0.73%
S&P 500 2,079.65 -12.01 -0.58%
NASDAQ 5,088.63 -48.8540 -0.96%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs