Analysts expect Liz Claiborne to be back in profit in 2012

Analysts haven´t lost their hopes for Liz Claiborne to leave behind five years of losses and to be back in profit in 2012. The company had total cash at hand $179.94 million and a book value per share as -$1.09 in the most recent quarter.

Bloomberg gathered analysts’ forecasts confirmed that the $1.2 billion owner of the Kate Spade brand will come back to profitability in 2012, overturning 5 years of losses that surpassed $2 billion.

With rise 14% boost anticipated in next year revenue, Liz Claiborne is still trading at $12.36 per share, a 28% discount to 2013 sales. Bloomberg compiled data confirmed that company shares cheaper than 94% of similar-sized US apparel corporations.

“Our stock has been trading up significantly since we announced initiatives to focus the portfolio, reduce operating risk, and pay down debt back in October,” Jane Randel, a spokeswoman for Liz Claiborne, said in a statement. “We are comfortable that the market can and will continue to respond to the growth in sales and profits as we make even further progress in executing our strategies.”

Liz Claiborne, Inc. (NYSE:LIZ) last session volume of 11.83 million shares was surprisingly higher than its average volume of 4.17 million shares. The stock price volatility was 4.47% for a week and 4.79% for a month as well as price volatility’s Average True Range for 14 days was 0.63 and its beta remained 2.41, according to Bloomberg.

LIZ generated revenue of 1.52 billion in the last twelve months and earned $144.75 million. Liz Claiborne showed a positive +9.53% in the net profit margin and as well as in its operating margin which remained 12.90%. Company’s annual sales growth for the past five year was -19.52%.

Image: Juice Couture