Jos. A Bank ($56.71 vs. $56.58 on Dec. 3) beat EPS estimates by a penny earning 51 cents a share premarket on Thursday. The hold rated stock has been upgraded to buy but moved sideways with a gain of 0.2% since Dec. 3. The men's clothing company has a gain of 32.6% over the last 12 months and is solidly above its 200-day SMA at $43.98. My monthly value level is $52.56 with an annual pivot at $55.24 and semiannual risky level at $61.87.
Kroger (KR) ($40.42 vs. $42.10 on Dec. 3) matched EPS estimates earning 53 cents a share premarket on Thursday. The buy rated stock stayed below its 50-day SMA at $41.77 ending Monday down 4.0% since Dec. 3. The grocery chain is 16.5% overvalued and gained 51.7% over the last 12 months and is solidly above its 200-day SMA at $37.01. My quarterly value level is $37.94 with weekly and monthly risky levels at $42.31 and $43.56.
Mattress Firm ($40.75 vs. $37.13 on Nov. 29) beat EPS estimates by a penny earning 55 cents a share in the afterhours on Dec. 4. The buy rated stock was downgraded to hold on the positive reaction to this earnings report. The stock gapped above its 200-day SMA at $36.32 to a high of $41.83 on Nov. 6 ending Monday up 9.7% since Nov. 29. The mattress maker has gained 78.7% over the last 12 months. My monthly and weekly value levels are $39.38 and $38.35 with a monthly risky level at $45.50.
Shoe Carnival (SCVL) ($28.19 vs. $28.93 on Nov. 29) beat EPS estimates by 3 cents earning 54 cents a share in the afterhours on Dec. 2. The buy rated stock set a new all-time intra-day high at $29.40 on Dec. 3 then faded ending Monday down 2.6% since Nov. 29. The value-oriented retailer of family footwear is 29.2% overvalued and has gained 30.9% over the last 12 months. My weekly value level is $27.72 with a semiannual pivot at $28.38 and quarterly and semiannual risky levels at $29.30 and $30.37.Toro (TTC) ($59.95 vs. $60.19 on Dec. 3) beat EPS estimates by 6 cents earning 8 cents premarket on Thursday. The hold rated stock had set a new all-time intra-day high at $62.47 on Nov. 29 and traded down to $57.60 on Thursday then held its 50-day SMA at $58.16 ending Monday down just 0.4%. The provider of turf maintenance equipment, snow removal products and irrigation systems is 39.0% overvalued and has gained 42.6% over the last 12 months and is well above its 200-day SMA at $50.64. My semiannual value level is $53.38 with a monthly pivot at $59.95 and quarterly and weekly risky levels at $61.20 and $62.64. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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