Stocks Under $10: Zale Corp.
Richard Suttmeier Follow |Zale Corp (ZLC) – ($5.41) has recently been upgraded to a Buy rating according to ValuEngine with fair value at $9.06, which makes the stock 40.3% undervalued. The one-year price target is $5.69. ValuEngine Profile – “Zale Corporation is a specialty retailer of fine jewelry. The company operates under four brand names: Zales Jewelers, Gordon's Jewelers, Bailey Banks & Biddle Fine Jewelers, and Peoples Jewellers. Zales Jewelers provides traditional, moderately priced jewelry. Gordon's Jewelers offers contemporary merchandise targeted to regional preferences. Bailey Banks & Biddle Fine Jewelers operates upscale jewelry stores which are considered among the finest jewelry stores in their markets. Peoples Jewellers offers traditional moderately priced jewelry to customers across Canada.”
Analysis – The daily chart for Zale shows declining momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $4.67, $4.35 and $4.98. My weekly value level is $4.77 with a monthly risky level at $7.16.
Courtesy of Thomson / Reuters
|
Ticker |
Company Name |
Mkt Price |
Fair Value |
One-Year Price Target |
Last 12-Mon Retn (%) |
5-Yr Avg Retn (%) |
P/E Ratio |
|
ZLC |
ZALE CORP |
5.41 |
9.06 |
5.69 |
144.80 |
-31.76 |
28.47 |
If you have any questions, please contact me at Rsuttmeier@gmail.com.
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