Ann Inc. (ANN) Beats Estimates

Ann Inc. (ANN) shares are up $1.99, or 5.32%, to $39.42 in pre-market trading Friday after the company reported its fourth quarter earnings results.

The women’s apparel retailer reported earnings of $0.12 per share on revenues of $647.40 million, up nearly 4% from a year ago. Analysts were expecting EPS of ($0.03) on revenues of $627.88 million.

For the full-year 2014, the company reported a GAAP basis-net income of $68 million, or $1.46 per share. Revenue was reported as $2.53 billion.

For the current quarter ending in April, Ann Inc. said it expects total net sales to be $605 million. In terms of the full year fiscal 2015, the company anticipates total net sales to be $2.565 billion.

On valuation measures, Ann Inc. shares, which currently have an average 3-month trading volume of 684K shares, trade at a trailing-12 P/E of 24.13, a forward P/E of 18.44 and a P/E to growth ratio of 2.68. The median Wall Street price target on the name is $37.00 with a high target of $45.00. Currently ticker boasts 4 ‘Buy’ endorsements, compared to 8 ’Holds’ and 1 ‘Sell’.

Profitability-wise, ANN has a t-12 profit and operating margin of 2.89% and 5.34%, respectively. The $1.68 billion market cap company reported $208 million in cash in its most recent quarter.

ANN currently prints a one year return of about 7.25% and a year-to-date return of around 2.60%.

The chart below shows where the equity has traded over the last 52 weeks.

Ann Inc. engages in the retailing of women’s apparel, shoes, and accessories under the Ann Taylor and LOFT brands. The company was founded in 1954 and is headquartered in New York.

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