Zacks Industry Outlook Highlights: Sotheby's Holdings, Convergys, American Reprographics, Administaff and MPS Group.CHICAGO -- Zacks.com releases its latest Industry Outlook. This report identifies the best stocks in the top-ranked industries. Featured in the latest report is the business services industry with a focus on the following stocks: Sotheby's Holdings, Inc. (NYSE NYSESee: New York Stock Exchange :BID), Convergys Corporation (NYSE:CVG CVG Convergys Corp CVG Corporación Venezolana de Guayana CVG Clear Vertical Grain (woodworking) CVG Carrier Group CVG Corporacion Venezolana de Guyana CVG Comprehensive Video Group (South Hackensack, NJ, USA) ), American Reprographics Company American Reprographics Company (NYSE: ARP) is the largest reprographics company in the United States, providing business-to-business document management services to the architectural, engineering and construction industry, or AEC industry. (NYSE:ARP), Administaff, Inc. (NYSE:ASF See Windows Media formats. 1. (language) ASF - Algebraic Specification Language. 2. (body) ASF - Analytical Solutions Forum. ) and MPS Group, Inc. (NYSE:MPS). To read the complete Industry Outlook report and to see all of the top-ranked industries, visit http://at.zacks.com/?id=2177. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Here are details on the stocks featured in the latest Industry Outlook. E[acute accent]Sotheby's Holdings, Inc. (NYSE:BID) reported a solid fourth quarter performance, including income from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of 90 cents, which beat the consensus by close to 22%. Auction and related revenues reached $200.6 million, marking a 14% advance from the prior year. It was also the highest fourth quarter total ever. E[acute accent]Convergys Corporation (NYSE:CVG) posted fourth quarter earnings of 21 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , excluding items, which eclipsed the consensus by approximately 50%. Revenues reached $669.6 million, which was slightly below the year-ago performance. However, excluding the impact of lower revenues from Cingular, revenues increased 7% thanks to growth in both the Customer Management Group and Information Management Group. Convergys has confidence that it can deliver continued revenue and earnings growth across the company. E[acute accent]American Reprographics Company (NYSE:ARP) experienced solid revenue and earnings growth for the fourth quarter and full year. For the quarter, revenue advanced 15.9% to $124.7 million, compared to $107.6 million a year earlier. Earnings per share, excluding items, reached 19 cents, which edged past the consensus by more than 5% while improving year-over-year from seven cents. E[acute accent]Administaff, Inc. (NYSE:ASF) posted fourth quarter earnings per share of 39 cents on revenues of $305.6 million. Earnings surged year-over-year from 14 cents and trounced the consensus by more than 44%. Revenues increased 22.8% thanks to a 16.2% increase in the average number of worksite employees paid per month. Furthermore, revenues per worksite employee per month advanced 5.8%. E[acute accent]MPS Group, Inc. (NYSE:MPS) posted fourth quarter earnings per share of 19 cents in early February on revenue of $425 million. The earnings result advanced from 11 cents in the prior year and eclipsed the consensus by almost 19%. Revenue increased from $421 million. For full year 2005, net income increased by 68% and revenues jumped 18%. E[acute accent]About Zacks Industry Outlook E[acute accent]These stocks featured above have a Zacks Rank of #1 ("Strong Buy") or #2 ("Buy") and a Zacks Equity Research rating of "Buy". The Zacks Rank is a quantitative indicator designed to cover periods of 1-3 months. Zacks Equity Research recommendations are based on both quantitative and qualitative factors and are intended to cover periods of 3-6 quarters. E[acute accent]For over 18 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank stocks have generated an average annual return of +33%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 143.5% annually (+4.9% vs. +12%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. E[acute accent]Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. the market. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; this free newsletter today by visiting http://at.zacks.com/?id=2177. E[acute accent]The Zacks Rank, and all of its recommendations, is created by Zacks & Co., member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . Zacks.com displays the Zacks Rank with permission from Zacks & Co. on its web site for individual investors. E[acute accent]About Zacks E[acute accent]Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=2177 E[acute accent]Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. E[acute accent](a)The Zacks Performance Rank performance is the total return of equal weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees. Results reflect the reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends and other earnings. Simulated results do not represent actual trading and may not reflect the impact that economic and market factors might have had on decision-making if an adviser were actually managing a client's money. E[acute accent](b)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. E[acute accent]Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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