99 Cents Only to be acquired

99 Cents Only Stores (NYSE:NDN). Last Market Price: 21.4, Change: +0.91, % Change: (4.44%). Shares trade in the range of 21.32 – 21.41 dollars. It has a market capitalization of 1.51B dollars, making it a Small Cap Stock and has 70.54M outstanding shares. The company has a beta of 0.38, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.06; P/E of 20.24. It operates in Services sector and belongs to Retail (Specialty) industry. Percentage shares held by institutional investors is 75%. The company has a 52 week high of $ 21.41 and a 52 week low of $ 14.32. Average volumes of shares traded daily are 757,375. Volume traded in the last session was at 19,610,000, 25.89 times the average volume.

• 99 Cents Only to be acquired by affiliates of Ares Management and Canada Pension Plan Investment Board
• Company announced that it has entered into a definitive agreement to be acquired by affiliates of Ares Management LLC and Canada Pension Plan Investment Board for $22.00 per share in cash

For Q3 (Jul ’11), It had a Net profit margin of 4.80%, an Operating margin of 7.75%. Other Key stats and ratios are : Return on average assets of 8.50%, Return on average equity of 10.25%. The organization has an employee strength of 12,000

Consensus Recommendation is a Outperform.

Estimate for sales for the Quarter Ending Dec-11 show a mean of 386.07 million dollars, an estimate high of 391.40 million dollars and an estimate low of 383.20 million dollars. A year ago the figures stood at 401.90 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 379.97 million dollars, an estimate high of 397.70 million dollars and an estimate low of 370.00 million dollars. A year ago the figures stood at 380.17 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.43 dollars, an estimate high of 0.68 dollars and an estimate low of 0.39 dollars. A year ago the figures stood at 0.44 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.28 dollars, an estimate high of 0.30 dollars and an estimate low of 0.24 dollars. A year ago the figures stood at 0.28 dollars.

Sales for Quarter Ending Jun-11 was estimated at 365.57 million dollars, however the actual sales figure stood at 368.34 million dollars, 2.77 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 370.05 million dollars, however the actual sales figure stood at 378.48 million dollars, 8.43 million dollars more than estimates.

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