Texas (Mar. 09, 2013) Wax Ink has issued a Increased Investment Interest rating for Maidenform Brands, Inc. (NYSE: NYSE) based on a recent baseline equity review which placed fair value between $37-$41.
The stock closed recently at $16.92, approximately 24% below the fair value buy target for the stock and approximately 63% below the fair value close target for the stock. The recent close is 0.5% below analysts' $17.00 median target for the stock.
Based on the recent close and year over year earnings growth decline of 14%, the stock has a trailing twelve month PE of 10, and PEG Ratio of (0.7).
In the past 52 weeks, share prices have moved between a high of $26.37 and a low of $16.50. With the recent close, the stock is trading 56% below the 52 week high and 3% above the 52 week low.
Maidenform Brands, Inc. designs and markets women's intimate apparel worldwide.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in MFB over the next 72 hours.