Maidenform Brands Inc. Reaches New 12-Month High at $23.60 (MFB)
Maidenform Brands (NYSE:MFB)’s share price reached a new 52-week high during mid-day trading on Wednesday, American Banking News reports. The stock traded as high as $23.60 and last traded at $23.49, with a volume of 51,545 shares traded. The stock had previously closed at $23.50.
A number of research firms have recently commented on MFB. Analysts at Brean Capital downgraded shares of Maidenform Brands (NYSE:MFB) from a “buy” rating to a “hold” rating in a research note to investors on Thursday, July 25th. They now have a $547.60 price target on the stock. Analysts at Thomson Reuters/Verus downgraded shares of Maidenform Brands (NYSE:MFB) from a “buy” rating to a “hold” rating in a research note to investors on Monday, July 8th. Five analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average price target of $194.87.
Maidenform Brands has a 1-year low of $16.50 and a 1-year high of $23.60. The stock has a 50-day moving average of $23.43 and a 200-day moving average of $19.95. The company has a market cap of $547.6 million and a price-to-earnings ratio of 23.93.
Maidenform Brands (NYSE:MFB) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.34 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.40 by $0.06. The company had revenue of $145.40 million for the quarter, compared to the consensus estimate of $148.17 million. During the same quarter last year, the company posted $0.49 earnings per share. Maidenform Brands’s revenue was down 7.7% compared to the same quarter last year. Analysts expect that Maidenform Brands will post $1.23 EPS for the current fiscal year.
Maidenform Brands, Inc is a global intimate apparel company that designs, sources and markets a range of intimate apparel products, including bras, panties and shapewear.
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