Fred's (FRED)
Fred's Beneish M-Score: -2.568
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FRED Beneish M-Score Rankings
| Overall | 46th percentile | 2006 of 3761 |
| Sector | 43rd percentile | 440 of 782 in Services |
| Industry | 30th percentile | 7 of 10 in Discount, Variety Stores |
FRED Beneish M-Score Range, Past 5 Years
| Minimum | -2.999 | Jan 2009 |
| Maximum | -2.086 | Jul 2007 |
| Average | -2.556 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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FRED News
@harmongreg Yes, there is one in my tiny town.. never been in it though $FRED
about 4 days ago by gtlackey
about 4 days ago by gtlackey
$FRED http://stks.co/3yx2 World's slowest retail reversal, anybody ever seen one of these stores?
about 5 days ago by harmongreg
about 5 days ago by harmongreg
Listen to $FRED Q1 2012 earnings call - live at 10:00 AM, ondemand after - http://stks.co/3yKY
about 5 days ago by earningscast
about 5 days ago by earningscast
Trading Radar for 05/24: Costco (COST), H.J. Heinz (HNZ), Tiffany & Co. (TIF), VeriFone (PAY) Report
May 23, 5:39PM Street Insider
May 23, 5:39PM Street Insider
Top 4 NASDAQ Stocks In The Discount, Variety Stores Industry With The Highest Revenue
May 17, 4:48AM Benzinga
May 17, 4:48AM Benzinga
Wedbush Maintains a 'Neutral' on Fred's Inc. (FRED); Improving Strength in Consumer Sector
Mar 22, 8:32AM Street Insider
Mar 22, 8:32AM Street Insider
News related to $FRED, currently +2.1% since open: 'Fred's 4Q profit rises on tax boost, higher sales' http://stks.co/2zZE
about 69 days ago by TradeBot
about 69 days ago by TradeBot
Listen to $FRED Q4 2011 earnings call - live at 10:00 AM, ondemand after - http://stks.co/2zJQ
about 69 days ago by earningscast
about 69 days ago by earningscast
$FRED http://stks.co/2v4Z Flagging with increasing lower shadows, earnings Wednesday
about 72 days ago by harmongreg
about 72 days ago by harmongreg
Fred's Announces Fourth Quarter and Year-End 2011 Conference Call Webcast
Mar 07, 10:00AM Business Wire
Mar 07, 10:00AM Business Wire
Fred's Delivers a Double-Digit Dividend Hike for 4th Consecutive Year: http://stks.co/2ROU $FRED
about 103 days ago by DynamicDividend
about 103 days ago by DynamicDividend
$FRED http://stks.co/2Fhb over 15.25 has target of 15.75 (LT holding)
about 114 days ago by harmongreg
about 114 days ago by harmongreg
$FRED http://stks.co/1nX4 like watching paint dry but it is starting to drift up on 1.4% div so gotta giddy up
about 145 days ago by harmongreg
about 145 days ago by harmongreg
$FRED http://stks.co/1gUp is moving its head, over 14.50 resist at 15 then boom, I'm long
about 154 days ago by harmongreg
about 154 days ago by harmongreg
$FRED http://stks.co/1b2x Bull flag after a bull flag, over 14 could start move up (long in LT acct)
about 163 days ago by harmongreg
about 163 days ago by harmongreg
$fred popped up on a screen today. Great action recently. Big short interest. Monthly view http://chart.ly/5fl3rdq
about 168 days ago by aaronjackson
about 168 days ago by aaronjackson
Market Wrap Video + Additions to Watch List http://stks.co/1VdQ including $PRMW $EXAM $FRED $HMSY $FSS $CGNX $LAD $ZUMZ
about 168 days ago by StockTiger
about 168 days ago by StockTiger
$FRED Price crossed above 200 day SMA (12.802). Confirmed by volume.
about 181 days ago by TradeIdeasQuant
about 181 days ago by TradeIdeasQuant
$FRED Price crossed below 200 day SMA (12.8169). Confirmed by volume.
about 189 days ago by TradeIdeasQuant
about 189 days ago by TradeIdeasQuant
NEW POST: "FRED is Too Sexy for This Market" http://stks.co/jyK $FRED $XRT
about 221 days ago by chessNwine
about 221 days ago by chessNwine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FRED | 14.12 | +0.12 | +0.86% | 525.69M |
| FRD | 10.08 | +0.01 | +0.10% | 68.54M |
| FRC | 32.85 | -0.10 | -0.30% | 4.272B |
| FRBK | 1.91 | -0.05 | -2.55% | 49.60M |
| FRA | 14.27 | -0.08 | -0.56% | |
| FCO | 13.49 | -0.06 | -0.44% | |
| FCNCA | 166.83 | +1.83 | +1.11% | 1.715B |
| FCLF | 6.00 | +0.23 | +3.99% | 46.32M |
| FCL | 27.88 | +0.13 | +0.47% | |
| GFIG | 2.79 | +0.01 | +0.36% | 329.72M |
