Equities Research is initiating a Strong Buy on the stock @ $1.50 per share this afternoon after the company reported positive operational cash flow for the 4th consecutive quarter.
Operational Cash Flow for trailing twelve months ending May 31,2013 : $10.9 million.
@ $1.50 shares are trading almost 10 times TTM OPS of $0.16 per share.
Statisitics from MorningStar Industry Peers
Ralph Lauren (RL) 16 X OPS
PVH (PVH) 22 X OPS
VFC (VFC) 16 X OPS
Jones NY (JNY) 33 X OPS
Under Armour (UA) 32 X OPS
True Religion (TRLG) 13 X OPS
Joe's Jeans Inc. (NASDAQ: JOEZ). Stockdiagnostics upgraded JOEZ @ $0.62 on October 14,2011 after the company reported FY2011 3rd quarter financials for the period ending August 31,2011. In 22 months since the upgrade shares are up 150%.
<click to JOEZ Stockdiagnostics OP chart<
$JOEZ Q2 operational cash flow truns positive $1.272,000 vs. Negative Operational cash flow ($2,079,000)Q2 2012. $3.2 million improvement
— tom renna (@GFNNstock) July 16, 2013
$JOEZ Strong Buy $1.50. $JOEZ upgraded to a 1 ranking at http://t.co/acszG4w2BT . 4th consecutive positive operational cash flow quarter
— tom renna (@GFNNstock) July 16, 2013
$JOEZ operational cash flow trailing twelve months ending May 31,2013 $10,914,000.00. Operational Cash flow of $0.16 per share. 10X OPS
— tom renna (@GFNNstock) July 16, 2013
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