BOSTON ( TheStreet) -- Investors in large-cap stocks are already looking ahead to October for the next round of earnings reports. Traders in stocks under $5, though, have their plates full over the next week.

Already this week, Jackson-Hewitt ( JTX) and NetSol Technologies ( NTWK) posted quarterly results. Jackson-Hewitt shares tanked while NetSol's surged.

TheStreet narrowed the list of companies investors should be watching to four, ranked by the average trading volume over the past 30 days.


4. Peregrine Pharmaceuticals ( PPHM)

Company Profile: Peregrine is a biopharmaceutical company that manufactures and develops monoclonal antibodies for the treatment of cancer and serious viral infections.

Earnings Reporting Date: Sept. 9 (confirmed)

Share Price: $1.34 (Sept. 8 close)

2010 Performance: -54%

Analyst Ratings: Peregrine is expected to report a loss of 11 cents a share and revenue of $5.83 million, based on a poll of four analysts by Thomson Reuters. Three analysts cover Peregrine, and each rates the stock a "buy." Two analysts have a price target of $10, which represents 600% upside from where the stock currently trades.

Income Statement: In July, Peregrine said it had a fiscal fourth-quarter loss of $7.7 million, or 16 cents a share, widening from a year-earlier loss of $3.6 million, or 9 cents a share. Revenue dropped to $4.4 million in the recent quarter, down from $7.9 million in the year-ago quarter.

3. Quantum Fuel Systems Tech ( QTWW)

Company Profile: Quantum Fuel Systems develops and produces alternative fuel propulsion, storage and systems, energy storage technologies and alternative fuel vehicles.

Earnings Reporting Date: Sept. 9 (unconfirmed)

Share Price: 49 cents (Sept. 8 close)

2010 Performance: -56%

Analyst Ratings: On average, analysts are forecasting a loss of 3 cents a share and revenue of $3.87 million, according to a Thomson Reuters poll. Of the three analysts covering Quantum Fuel Systems, two rate the stock a "buy" and the other recommends holding the shares. The average of three price targets is $1.17, which is more than double where shares currently trade.

Income Statement: In July, Quantum Fuel Systems reported a fiscal fourth-quarter net loss of $5.5 million, or 4 cents a share, compared with a year-earlier loss of $3.2 million, or 3 cents a share. Revenue fell to $2.4 million from $6.2 million a year earlier.

2. Zale ( ZLC)

Company Profile: Zale is a retailer of fine jewelry in North America, with locations in the U.S., Canada and Puerto Rico, as well as online.

Earnings Reporting Date: Sept. 9 (unconfirmed)

Share Price: $1.78 (Sept. 8 close)

2010 Performance: -35%

Analyst Ratings: Zale should report a fiscal fourth-quarter loss of $1.21 a share, based on a Thomson Reuters average of three analyst estimates. Revenue may decline slightly from a year earlier to $354.6 million, according to a single estimate. The jewelry retailer has two "hold" ratings and one "sell" ranking from analysts. The average of two price targets is $2.50, which represents 40% upside from where the stock currently trades.

Income Statement: In May, Zale reported a fiscal third-quarter adjusted loss of 76 cents a share on sales of $360 million.

1. Smith & Wesson ( SWHC)

Company Profile: Smith & Wesson makes an array of pistols, revolvers, tactical rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories.

Earnings Reporting Date: Sept. 9 (confirmed)

Share Price: $3.86 (Sept. 8 close)

2010 Performance: -5.6%

Analyst Ratings: On average, analysts expect that Smith & Wesson will post a quarterly profit of 5 cents a share with revenue of $95.2 million, according to a poll by Thomson Reuters. Nine analysts cover Smith & Wesson, with five rating the stock a "buy" and the others suggesting that investors hold the shares. The average of three recent stock price targets is $5.67, which is 47% above where the stock currently trades.

Income Statement: In late June, Smith & Wesson posted a fiscal fourth-quarter profit of $2.7 million, or 4 cents a share, down from year-earlier net income of $7.4 million, or 14 cents a share. Revenue was up 4% to $103.8 million in the quarter.

-- Written by Robert Holmes in Boston.

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