AM - Sector: Services --- Industry: Printing & Publishing

[setravis]

Profile:  

 
American Greetings Corp.
One American Road
Cleveland, OH 44144-2398
United States - Map
Phone: 216-252-7300
Fax: 216-252-6778
Web Site: http://www.americangreetings.com

DETAILS  
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Services
Industry: Business Services
Full Time Employees: 9,000


BUSINESS SUMMARY  
American Greetings Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of greeting cards and other social expression products worldwide. It offers everyday and seasonal greeting cards, gift wrap, party goods, calendars, stationery, giftware, and custom display fixtures. The company also distributes social expression products, including electronic greetings, physical products incorporating consumer photos, and a range of graphics and digital services and products through various electronic channels, such as Web sites, Internet portals, instant messaging services, and electronic mobile devices. In addition, it creates and licenses its intellectual properties, such as the 'Care Bear' and 'Strawberry Shortcake' characters. The company's domestic greeting card brands comprise American Greetings, Carlton Cards, Gibson, Tender Thoughts, Just For You, Recycled Paper, and Papyrus; and other domestic products include DesignWare party goods, Plus Mark gift wrap and boxed cards, DateWorks calendars, and AGI In-Store display fixtures. Its Internet brands primarily consist of AmericanGreetings.com, BlueMountain.com, Egreetings.com, Kiwee.com, PhotoWorks.com, and Webshots.com. American Greetings Corporation distributes its products primarily through mass merchandisers, drug stores, and supermarket chains. The company was founded in 1906 and is headquartered in Cleveland, Ohio.

[setravis]

Shares of American Greeting (NYSE: AM) soared 51.3% after the greeting card company reported Q1 results that topped analyst estimates. For the period ended May 29th, the company earned $10.0 million, or 25 cents per share, down from $13.3 million, or 27 cents per share, a year ago. The company recorded a 44-cent non-cash charge on the sale of its retail store operations. Revenue fell -4% to $412.9 million. The single analyst estimate was for EPS of 20 cents on sales of $396.6 million. One Pro investor counted the stock among their top-15 holdings at the start of Q2.


Chart looks like its got a Head and Shoulders Bottom(reversal) Pattern.

52wk Range: 3.24 - 18.45
Volume: 4,242,987
Avg Vol (3m): 471,469

Technicals
13-day MA Cross Above 50-day MA
Gap Up
Percentage Gainer
Price Gainer

Last Price Quote is:
38.52%above 13-day MA
38.44%above 50-day MA
RS Rating: 91 

Fundamentals
Earnings Surprise
Reports Earnings
Earnings Expected on Jun 24

Key Data:
Market Cap (M): $262.12 
P/E Ratio: 9.16 
PEG Ratio: N/A 
Next Earnings: 09/25/2009
Last Analyst Rating: Hold