Auto parts retailer The Pep Boys – Manny, Moe & Jack (NYSE:PBY) declared on Monday that a loss in the Q4 that extended from a year before, owing mostly to a charge related to pension settlement.
Philadelphia, Pennsylvania-based Pep Boys Q4 loss lower to $14.5M or $0.27 a share from $4.4M or $0.08 a share previous year.
On average, 4 analysts polled by Thomson Reuters predicted earnings of $0.05 a share for the quarter. Analysts’ predicts typically keep out special items.
Results for the Q4 were impacted by a net charge of $18.0M, comprising a $17.8M pension settlement charge and a $1.8M asset impairment charge, partly counterbalance by a $1.6M gain from the disposition of assets.
Moving readers toward the broader market, let’s consider percentage change in stocks prices of other stocks in the similar sector who contribute major role in the market that includes O’Reilly Automotive Inc (NASDAQ:ORLY) lost -3.05%, Advance Auto Parts, Inc. (NYSE:AAP) edged down -2.10%, AutoZone, Inc. (NYSE:AZO) which also decreased -2.21% and U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) closed down -3.51%.
The Pep Boys – Manny, Moe & Jack (NYSE:PBY) stock’s trade at beginning with a price of $11.76 and throughout the trading session climbed at a high of $11.80 other than when day-trade ended the stock finally decreased -3.68% to $11.25.
The stock is going forward its 52 week low with 35.38% and lagging behind from its 52 week high price with -24.85%. PBY last month stock price volatility remained 2.65%.
PBY stock institutional ownership remained 97.30% while insider ownership included 0.85%. In its share capital PBY has 53.10 million outstanding shares among them 50.78 million shares have been floated in market exchange.
Company’s beta coefficient included 1.82. Beta factors measures the amount of market risk associated with market trade.
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