Business Services Industry

Zacks' Low Price Stocks strategy highlights: Sykes Enterprises, Par Pharmaceutical Companies, Maidenform Brands, Insight Enterprises

Business Wire, April 14, 2008

CHICAGO -- Looking for stocks priced below $20? How about companies with discount valuations and a track record of a positive trend in earnings estimates revisions? The Low Price Stocks Profit Track Strategy identifies such stocks. This screen generated a 56.5% return in 2006. Four stocks meeting this screen's exclusive criteria are Sykes Enterprises, Incorporated (NASDAQ: SYKE), Par Pharmaceutical Companies Inc. (NYSE: PRX), Maidenform Brands Inc. (NYSE: MFB), and Insight Enterprises Inc. (NASDAQ: NSIT). View the entire list of stocks for the Low Price Stocks Profit Track at http://at.zacks.com/?id=2140.

Here are details about four companies currently identified by the Low Price Stocks Profit Track:

Sykes Enterprises, Incorporated (NASDAQ: SYKE) reported a 16% increase in earnings for the fourth quarter of 2007, with net earnings of $9.5 million versus $8.1 million a year earlier. The Zacks #2 Rank company sports a price/sales ratio of 1.00 and a per share price of $17.34, earning its place on the Low Price profit track. For first quarter and full fiscal year 2008, SYKE issued an EPS guidance between 25 cents and 27 cents for the quarter and between $1.12 and $1.20 for the year. Both ranges exceeded analysts' expectations.

Par Pharmaceutical Companies Inc. (NYSE: PRX) has a per share price of slightly under $20 and price/sales ratio of .82, thus meeting this screen's requirements of a price between $5 and $20 with a price/sales ratio of less than 1. PRX also has a 12-month trailing EPS of $1.58. The Zacks #1 Rank company increased it's revenue by 6% for the fiscal 2008 year to $769.7 million from $725.2 million. PRX develops, manufactures and markets generic drugs and innovative proprietary pharmaceuticals for specialty markets.

Maidenform Brands Inc. (NYSE: MFB) is a Zacks #1 Rank company that enjoys a low per share price of $16.69 and a 12-month trailing EPS of $1.33. The company reported fourth quarter and annual revenues of $95.8 million and $422.2 million, respectively. Moreover, MFB sports a price/sales ratio of .89. In early April, Maidenform Brands Inc. launched a national advertising campaign, which will appear in Cosmopolitan, Glamour, People en Espanol and InStyle.

Insight Enterprises Inc. (NASDAQ: NSIT) is a leading provider of IT computing products, software and advanced IT services. The Zacks #2 Rank company's fourth quarter and annual net sales increased by 5% and 34%, respectively; while profits for fiscal 2007 jumped to $4.8 billion from $3.6 billion in 2006. NSIT has a price/sales ratio of .17 and a 12-months trailing EPS of $1.45, which satisfy the requirements for the Low Price profit track. NSIT is scheduled to report its first quarter earnings on May 8.

Discover all the current stocks currently on the Low Price Stocks Profit Track at: http://at.zacks.com/?id=2141.

About Profit Tracks

What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of 56.5% followed by the Discounted Fundamental screen with a 34% return. To see all nine strategies along with philosophy, past performance and current stocks, go to http://at.zacks.com/?id=1838.

All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at http://at.zacks.com/?id=2156

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=1841

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

 

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