The Pep Boys - Manny, Moe & Jack (NYSE:PBY)

interesting stock:
low ps
but no return on equity data available

I have always liked PBY...a bargain at todays prices. Believe PBY will do very well with the economy the way it is.

"Pep Boys-Manny Moe & Jack's (PBY) fiscal first-quarter profit plummeted 91% as the auto-care company pointed to a mild winter and business-execution problems for its weak results."
Not a good sign . . .

back in black...

according to some leading analysts on PBY,

"the fundamentals might support a more extended run."

"the business is skewing in favor of the providers with a strong private-label exposure [like] Pep Boys and AutoZone not Midas and Munro"

"drivers of a ‘72 Pinto don’t think the clunker needs the expensive luxury of brand-name parts. Kevin Dann said sales at Pep Boys’ service centers, which declined slightly in this quarter last year, could increase three to five percent this quarter."

swingggg

PEP BOYS IS A BAD AUTO PARTS STORE

A new CEO and a new result altogether; Pep Boys turned the corner by restoring the company into profitability. Though, company needs to work much harder to extract maximum benefit out of this lucrative after-market automotive industry, it would be a tough time for Jeffrey Rachor, the new CEO, to groom the company to face stiff challenges in this fragmented industry. The company has already initiated programs to improve its operational efficiency and take advantage of asset monetization opportunities.

Jeffrey Rachor will continue Pep Boys’ turnaround strategy and will carry over the momentum gained during the quarter. Rachor asserts that they would tap true value of the real estate it owns, which would be reflected in the form of improved balance sheet fundamentals. Moreover, Pep Boys’ is trying to reduce overhead costs and improve inventory assortment and performance at the company’s service bays.

It should be noted that the maintenance for vehicle is done out of necessity, rather than by choice. So during economic downturns, as we saw in the previous quarter, the customers would have deferred maintenance of their vehicle. This postponement of repair and maintenance should materialize in the quarters ahead. Moreover, Pep Boys initiatives should enable them to capitalize on these favorable industry dynamics.

Factors like rising average age of cars, which currently hovers around 9.5 years, growing population of light trucks and sport utility vehicles, declining trend of new car sales, and the ascendance of total number of miles driven annually to three trillion shows a favorable sign for automotive aftermarket industry. These favorable industry dynamics coupled with Pep Boys continued execution of key business initiatives, makes the stock a good buy.

PepBoys, we sell nepotism for less. A majority of big players in this company are all related. Never a good idea. Too many longtimers that don't care and Odell fails as a CEO. Make Shull the CEO and im sure PBY will make a strong comeback.

12/18

Specialty retail will get crushed by on-line ordering and the repair business is a rough gig, with lots of competition for basic services, and cars that are only getting more complex... Yeah, I'm bearish on this one.

Way behind in the indices I reference, plus the company is just not run very well at all...

Recession/depression-cars still need to be repaired. Aftermarket cos have not done well during the new car frenzy but will come up in the weak times

Underlying real estate value is greater than the market cap. This stock is deeply undervalued.

more insider buys, both yesterday and today

I don't like the negative earnings and yeah the dividend is small - but did you see the real estate these guys own? Wow! Hey Moe!

(OK I like the stooges - and these guys too!)

Inside buy action.

The hurricane that happened in Florida, makes this stock an attractive buy. Basically, the state of Florida is offering tax relief on supplies, and some of that stuff is supplied by this company.

In profitability allready, with the recent tax breaks, and a new turn around..., this stock is liable to go up.

way undervalued....fixer-up time

PBY is a company that is working to revamp store formats and products. As new car sales begin to slow PBY should capture sales from customers fixing their older cars.