Manny, Moe & Jack, Toll Brothers Continue Earnings Season

NEW YORK (TheStreet) -- Today's buy-and-trade earnings previews focus on seven retail-oriented companies that report quarterly results afterhours today through premarket Wednesday. Manny, Moe & Jack, the automotive retail and service chain, Pet Boys  (PBY) reports after the close today, rival Autozone  (AZO) reports premarket on Tuesday, and Costco  (COST) the members only retail warehouse reports premarket on Wednesday.

Of the seven stocks profiled in this post, three are from the retail-wholesale sector, two from the consumer discretionary sector, and one each from the construction and industrial products sectors.

We begin the week with 84.3% of all stocks overvalued according to with 54.5% overvalued by 20% or more. This is an intense ValuEngine valuation warning.

The construction sector is 16.5% overvalued with an underweight rating. Of the 156 stocks 56.4% in this sector have sell or strong sell ratings. The consumer discretionary sector is 28.3% overvalued with an equal-weight rating. Of the 393 stocks 83.2% in this sector have hold ratings.

The industrial products sector is 25.7% overvalued with an underweight rating. Of the 343 stocks 43.7% in this sector have sell or strong sell ratings. The retail-wholesale sector is 24.7% overvalued with an overweight rating. Of the 343 stocks 82.2% in this sector have buy or strong buy ratings.

Three of these seven stocks have buy ratings, three have hold ratings and one has a sell rating. All seven are overvalued with three overvalued by 21.4% to 40.5%. One has a fractional loss of the last 12 months while six have gains with four having gains of 24% to 58.9% over the last 12 months. One is below its 200-day simple moving average while six are above their 200-day SMAs which reflect the risk of reversion to the mean.

AutoZone ($459.60) has a buy rating, is 8.4% overvalued and has gained 26.2% over the last 12 months. Analysts expect the company to report EPS of $6.26 a share premarket on Tuesday. AutoZone set an all-time intra-day high at $470.47 on Nov. 25 well above its 200-day SMA at $419.88. My quarterly value level is $448.46 with a monthly pivot at $467.84 and semiannual risky level at $473.93.

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