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 Hit 52-Week Highs: SRE, UA, PNC, WOLF, EL, NCR

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

Get Adobe Flash player

Under Armour

The athletic apparel retailer reported first-quarter earnings Friday of $15 million, or 28 cents a share, up from year-earlier earnings of $12 million, or 23 cents a share. Analysts, on average, expected earnings to be 25 cents a share.

"Cleaner inventories reduce a major risk but expense timing pushes EPS out to 4Q," Jefferies analysts wrote in a report Friday. "We are incrementally more positive but would not chase.

Shares of Under Armour hit a 52-week high of $101.43 on Friday. The stock's 52-week low of $52.62 was set on Aug. 19.

Under Armour's forward P/E is 33.75; the average for clothing and accessories companies is 16.27. For comparison, Columbia Sportswear (COLM) has a lower forward P/E of 13.87.

Nineteen of the 30 analysts who cover Under Armour rated it hold. Ten analysts gave the stock a buy rating and one rated it sell.

TheStreet Ratings gives Under Armour a B grade with a buy rating and $124.79 price target. The stock has risen 41.62% year to date.






PNC Financial

The bank reported Wednesday first-quarter earnings of $811 million, or $1.44 a share, up from year-earlier earnings of $493 million, or 85 cents.

"We reiterate our Buy rating on PNC post 1Q12 earnings," Bank of America Merrill Lynch analysts wrote in a report Wednesday. "Shares of PNC have underperformed the BKX by 12pp YTD. However, we expect this trend to reverse as the market doesn't seem to appreciate: 1) positive momentum from legacy PNC, with commercial loans up 15% sequential annualized ex. RBC; 2) solid EPS accretion from the RBC deal; and 3) that PNC is likely on the sidelines in the M&A arena for the next 12-18mos as it rebuilds Basel III capital ratios."

Shares of PNC Financial hit a 52-week high of $64.99 on Friday. The stock's 52-week low of $42.70 was set on Aug. 23.

PNC Financial's forward P/E is 9.51; the average among its peers is 10.73. For comparison, Bank of New York Mellon (BK) has a lower forward P/E of 9.2.

Twenty-three of the 28 analysts who cover PNC Financial rated it buy. Four analysts gave the stock a hold rating and one rated it sell.

TheStreet Ratings gives PNC Financial a B+ grade with a buy rating and $73.24 price target. The stock has risen 12.95% year to date.

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

Get Adobe Flash player

2 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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
EL $82.54 0.00%
PNC $91.43 0.00%
SRE $108.46 0.00%
UA $87.76 0.00%
AAPL $127.60 0.00%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs