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

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

Get Adobe Flash player

Brinker International

"While we still believe that challenges remain for the Chili's brand given its positioning in the hyper competitive Bar & Grill category, the Company's betterthan- expected sales/traffic in 3Q lends greater credibility to the turnaround story, in our view," Sterne Agee analysts wrote in an April 24 report. "Accordingly, we view the downside risk as fairly limited in the near-term and are thus upgrading from Underperform to Neutral."

Shares of Brinker International hit a 52-week high Tuesday of $32.68. The stock's 52-week low of $19.50 was set on Sept. 12.

Brinker's forward P/E is 14.36; the average for restaurants and bars is 20.13. For comparison, Cracker Barrel (CBRL) has a forward P/E of 12.54.

Nine of the 17 analysts who cover Brinker rated it hold. Six analysts gave the stock a buy rating and two rated it sell.

The stock has risen 20.7% year to date.


"We were encouraged by our meeting with LZB management and believe the outlook for next year remains bright, despite increases in raw material costs," KeyBanc Capital Markets analysts wrote in an April 24 report. "While these costs have likely increased in recent months, we believe LZB has adequately planned for the headwind. Over the last year, LZB raised prices to keep up with raw material increases. Looking ahead, LZB built in further price increases in its products to keep up with a similar level of raw material headwind, which should leave adequate room for input price inflation. LZB renewed its advertising agreement with Brooke Shields, which we view positively. Furthermore, management remains confident that it can generate a 20-30% contribution margin for next year. Recall, our 2013 EPS estimate of $0.92 is predicated on a 6% revenue growth and a 30% contribution margin, and we believe our revenue estimate could prove conservative if LZB continues to execute successfully or if the housing recovery continues."

Shares of La-Z-Boy hit a 52-week high Tuesday of $15.77. The stock's 52-week low of $6.76 was set on Oct. 4.

La-Z-Boy's forward P/E is 16.69 times; the average for furnishings companies is 16.83. For comparison, Ethan Allen (ETH) has a higher forward P/E of 17.85.

Four of the six analysts who cover La-Z-Boy rated it buy. One analyst gave the stock a hold rating and another rated it sell.

The stock has risen 30.25% year to date.

-- Written by Alexandra Zendrian

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

>To submit a news tip, send an email to:

>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
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
CMCSA $61.15 -0.24%
DFS $56.68 -0.86%
INTC $31.11 -2.00%
PNC $88.19 -0.90%
VZ $51.03 -1.30%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,076.02 -19.13 -0.91%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs