Masco, Generac, United Stationers, MEMC Top Stock Price Percentage Losers for Feb 14th
Masco Corporation (NYSE:MAS): Monday night, Masco reported Q4 EPS of (9c) from continuing operations vs. a consensus of (2c), and Q4 revenues of over $1.7B vs. a consensus of $1.78B. The company admitted 2011 was a “difficult year” and made optimistic comments for its 2012 outlook, saying that while its efforts to reduce costs and increase revenues did not improve performance as quickly as it anticipated in 2011, the company firmly believes that these actions will drive significant improvement in 2012, even if it sees no improvement in the housing markets. The comments did not help the stock in early trading today, as Masco is down $1.73, or 13.09%, to 11.49. The shares closed at $11.63, down $1.6, or 12.09%. They have traded in a 52-week range of $6.60 to $14.43.
Generac Holdings Inc. (NYSE:GNRC): On a pro-forma basis when including the results for Magnum Products for the full year 2011, total net sales in 2012 are expected to increase in the mid single digits compared to 2011, with residential sales increasing in the mid-to-high single-digit range and C&I sales increasing in the low single digit range. This assumes no material improvement in the macroeconomic environment and no comparable outage events during 2012. Given the strong revenue growth experienced during the second half of 2011 from major outage events, year-over-year revenue growth in 2012 is expected to be heavily weighted toward the first half of the year. FY12 revenue consensus is $858.13M. The shares closed at $26.28, down $3.31, or 11.19%. They have traded in a 52-week range of $15.41 to $30.50.
United Stationers Inc. (NASDAQ:USTR): Cash outflows will occur during 2012 and 2013. The company’s goal is to invest the savings from the realignment actions into growth and other strategic initiatives. The shares closed at $31.28, down $3.27, or 9.46%. They have traded in a 52-week range of $25.75 to $37.22.
MEMC Electronic Materials, Inc. (NYSE:WFR): Wunderlich believes MEMC Electronic’s Q4 results tomorrow are likely to miss one or more consensus estimate, making the firm see a significant amount of headline risk from the earnings report. Wunderlich keeps a Sell rating on the stock with a $3 price target. The shares closed at $4.72, down $0.57, or 10.78%. They have traded in a 52-week range of $3.65 to $15.04.
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