Nothing against breakfast in bed or a coupon for one free footrub, but Mom likely would prefer a gift card to one of Steiner Leisure’s (NASDAQ:STNR) businesses.
That’s because you’d be treating her to, at the least, a modern U.S. spa, or potentially one of Steiner’s upscale locations elsewhere around the globe.
STNR operates a number of global spa brands, including Bliss, Chavana and Mandara, as well as more than 125 cruise ship spas. It also has branched out into other services, including laser hair removal, and it trains masseuses, fitness instructors and estheticians (though Mom probably doesn’t want homework for Mother’s Day).
STNR stock has been stuck in a rut for roughly three years now despite double-digit revenue and earnings growth … and looking further back, Steiner has been a bastion of consistency, growing sales in nine out of 10 years. STNR does expect earnings to slide back slightly this year, but shares remain undervalued across several metrics. So if STNR is able to hit analyst forecasts for 15% growth in FY2014, the stock might finally get some love.