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MIDCAP-Kathmandu Holdings leads Aussie consumer discretionary on analyst revisions

Australia-listed Kathmandu Holdings Ltd leads onanalyst revisions among 55 companies in the country's consumerdiscretionary sector tracked by at least three analysts, datafrom Thomson Reuters StarMine shows.

The New Zealand-based outdoor clothing and equipmentretailer has an Analyst Revision Model (ARM) score of 99, thehighest in the sector. This score has increased over 50 pointssince the company reported results in mid-September.

Analysts have raised average EPS estimate for the yearending July 2013 by 9 percent since Sept. 21.

The retailer has a score of 88 in the SmartHoldings Model,suggesting a potential increase in institutional ownership.

The stock is trading at a forward 12-month P/E ratio of 9.3against the peer average of 13.

Of the eight analysts tracking the stock, four give it a'strong buy' or 'buy' rating, three recommend a 'hold' while onerecommends a 'strong sell'.

The shares of the company have risen 6.2 percent over thelast month, while the broader index gained 3.52 percentin the same period, as of Monday's close.

Fairfax Media lags the sector with an ARM score of8. CONTEXT:

For the year ended July 2012 the company's sales rose 13percent to NZ$347.1 million from a year earlier. However, netincome fell 11 percent to NZ$34.8 million.

StarMine's Analyst Revision Model ranks stocks based onanalysts' revision of earnings and revenue estimates and changesin their ratings and usually gives additional weight to analystswho have been more accurate in the past.

The StarMine SmartHoldings model is a global stock selectionmodel that ranks stocks based on the expected future increase,or decrease, in institutional ownership.

(Reporting By Tripti Kalro; Editing by Sunil Nair)

((Tripti.Kalro@thomsonreuters.com))

Keywords: MIDCAP KATHMANDUHOLDINGS/