This Day On The Street
Continue to site
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

7 Stocks Hit 52-Week Highs: M, TPX, PIR, TSCO, PAG, ZUMZ, HAIN

NEW YORK ( TheStreet) -- Shares of the following stocks hit 52-week highs on Tuesday: Macy's (M - Get Report), Pier One (PIR - Get Report), Zumiez (ZUMZ), Tempur-Pedic (TPX - Get Report), Tractor Supply (TSCO - Get Report), Penske Automotive Group (PAG - Get Report) and Hain Celestial (HAIN).


"With the My Macy's localization initiative (3rd inning) laying the foundation for growth and Omni-channel benefits (potential 200bps top-line and GPM driver over time) not fully in the numbers today (w/ SG&A spending baked in), we believe Macy's is just leaving port with 3-5 years of consistent double digit EPS growth given by top-line (3-5% SSS), margin expansion (2H12 GPM inflection) and a return of cash to shareholders (share repurchases/dividends)," JPMorgan analysts wrote in a March 12 report.

Shares of Macy's hit a 52-week high Tuesday of $41.26. The stock's 52-week low of $22.66 was set on Aug. 19.

Macy's has an estimated price-to-earnings ratio for next year of 10.76 times; the average for broad-line retailers is 20.85. For comparison, J.C. Penney (JCP) has a forward P/E of 12.22.

Fifteen of the 19 analysts who cover Macy's rated it buy; four analysts gave the stock a hold rating.

TheStreet Ratings gives Macy's an A+ grade with a buy rating and $52.41 price target. The stock has risen 27.38% year to date.

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

Get Adobe Flash player
1 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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
M $39.91 0.81%
PIR $6.73 -2.32%
PAG $38.60 -1.35%
TSCO $95.59 0.98%
TPX $61.18 0.84%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs