When PEP Boys (NYSE:PBY) reported earnings a week ago on December 3rd, 2012, analysts, on average, expected the company to report earnings of $0.15 on sales of $527.8 million. The company actually reported EPS of $0.11 on sales of $509.6 million, missing EPS estimates by $0.04 and missing revenue estimates by $18.1 million. Since the company's report, shares of PEP Boys have fallen from $10.68 to $10.04, representing a loss of 6.0% in the past 12 days.
The Pep Boys - Manny, Moe & Jack retails automotive parts and accessories, provides automotive maintenance and service, and installs parts. The Company operates PEP BOYS stores in the United States and Puerto Rico.
PEP Boys (NYSE:PBY) has potential upside of 7.1% based on a current price of $10.04 and analysts' consensus price target of $10.75. The stock should find initial resistance at its 50-day moving average (MA) of $10.10 and further resistance at its 200-day MA of $11.53.
PEP Boys share prices have moved between a 52-week high of $15.46 and a 52-week low of $8.31 and closed Thursday at 21% above that low price at $10.04 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.4%.