Maidenform Brands Rating Lowered to Underperform at Zacks (MFB)
Maidenform Brands (NYSE: MFB) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Monday. They currently have a $16.80 price target on the stock.
Shares of Maidenform Brands (NYSE: MFB) traded down 0.58% during mid-day trading on Monday, hitting $17.628. Maidenform Brands has a 52 week low of $16.50 and a 52 week high of $26.37. The stock’s 50-day moving average is currently $18.94. The company has a market cap of $409.1 million and a P/E ratio of 12.40.
Maidenform Brands (NYSE: MFB) last issued its quarterly earnings data on Wednesday, March 6th. The company reported $0.22 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.22. The company had revenue of $135.10 million for the quarter, compared to the consensus estimate of $133.43 million. The company’s quarterly revenue was up 8.5% on a year-over-year basis. Maidenform Brands has set its Q1 guidance at ($0.10)-(0.05) EPS and its FY13 guidance at $1.20-1.30 EPS. Analysts expect that Maidenform Brands will post $1.24 EPS for the current fiscal year.
Maidenform Brands, Inc. designs, sources and markets a range of intimate apparel products, including bras, panties and shapewear.
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