We picked the two stocks as the best ones at this moment because of their robust financial performance and upside stock price momentum. We believe this two stocks are definitely worthy of adding to your portfolio.
Elizabeth Arden, Inc.(RDEN) got a “Overweight” average rating from 9 analysts, according to the data provided by FactSet Research. The analysts averagely set a price target of $51.20 on this stock, representing a 10.61% upside potential to the latest EDEN stock closing price of $46.29.
The beauty products company reported its fourth quarter earnings report on August 9, 2012. The company posted a net income of $3.6 million, or $0.12 per share, down 33% from $5.4 million, or $0.18 per share for the same period of last year. The decline was due to the booked charges for transition expenses and other costs tied to a fragrance license acquisition. Revenue was reported at $265.5 million, up 4.6% from a year ago, or up 8% excluding the impact of foreign currency translation, in line with the consensus estimate. Adjusted for transition expenses and other costs associated with the fragrance license acquisitions completed in the fourth quarter and license termination costs, earnings came in at 28 cents per share. Analysts had averagely estimated the fourth quarter earnings of $0.20 per share. The company’s strong quarterly performance was primarily contributed by the company’s international businesses which were strongest in its European, travel retail and emerging markets.
The company also issued favorable guidance for fiscal 2013 first quarter and full fiscal year 2013. For the first quarter of fiscal 2013, the company anticipates revenue of $330 million to $340 million versus $303.5 million for the first quarter of fiscal 2012. EPS for this quarter is expected to be between $0.38 and $0.43.
The company is expecting its fiscal 2013 revenues to advance 13.5% over the previous fiscal year. EPS for the full fiscal year is anticipated to be between $2.55 and $2.70. Gross margin is anticipated to rise 175 to 200 points over fiscal 2012.
Since the fourth quarter earnings report on August 9, 2012, RDEN stock price has risen more than 18% The latest RDEN stock price is 65.14% above the 52-week low of $29.03 and 2.55% off the 52-week high of $47.50. EDEN stock is traded above its 50-day moving average of $39.49 and 200-day moving average of $37.05.
RDEN stock is traded modestly at a P/E ratio of 24.24 compared to the industry average of 22.81. The stock is priced slightly at a PEG ratio of 1.34 compared to the industry average of 1.51.
LeapFrog Enterprises, Inc. (LF), one of the best stocks to buy today, got a “Overweight” average rating from 7 analysts, according to the data provided by FactSet Research. The analysts averagely set a price target of $14.50 on this stock, representing a 30.75% upside potential to the latest LF stock closing price of $11.09%.
LeapFrog Enterprises reported strong sales for educational-related content and the LeapFrog tablet, as well as higher gross margin for the second quarter of 2012.
The leading developer of educational entertainment for children saw its loss narrowing in the second quarter. It reported a net loss of $8.1 million, or $0.12 per share, compared to a net loss of $13.8 million, or $0.21 per share. Revenue came in at $71.5 million, up 31% from a year ago. Gross margin increased from 34.9% to 39.9%.
For the current quarter, the interactive toy maker sees EPS of $0.36 to $0.41 on a revenue growth of 10% to 15%.
For the full year, LeapFrog Enterprises expects EPS of $0.61 to $0.66 on a revenue growth of 13% and 15%. Analysts averagely estimate the company would post EPS of $0.40 on a revenue growth of 7%.
The company’s core product is also very popular. LeapPad2, the next generation of the #1 kid’s learning tablet, delivers engaging and fun entertainment that is filled with life changing education and creative exploration for kids. Demand for the kid’s tablet was so strong that leapfrog.com sold out of its initial quantities in less than a week said by the company in July. This is expected to lift the company’s performance in the current quarter.
The best stock has seen its share price climbing more than 98.39% year to date. The latest LF stock price is 289.12% above the 52-week low of $2.85 and 9.69% off the 52-week high of $12.28. LF stock is traded above its 50-day moving average of $10.7 and 200-day moving average of $8.09.
LF stock is traded a little expensively at a P/E ratio of 19.46, compared to the industry average of 16.08. The stock is priced slightly cheaper at a PEG ratio of 0.85 compared to the industry average of 1.00.