Zacks' Low Price Stocks Strategy Highlights: Aftermarket, China Yuchai, Ennis, and Horace Mann.CHICAGO -- Looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. stocks priced below $20? How about companies with discount valuations and a track record of positive earnings surprises? The Low Price Stocks Profit Track Strategy identifies such stocks. This screen generated a 50.6% return in 2004 and has a win ratio of nearly 80% over the past 4-1/2 years. Four stocks meeting this screen's exclusive criteria as of August 9, 2005 are Aftermarket Technology Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ATAC ATAC Arimidex, tamoxifen and combination therapy ), China Yuchai (NYSE NYSE See: New York Stock Exchange :CYD CYD California Young Democrats CYD Calendar Year Deductible (health insurance) CYD Children and Youth Division CYD Crush Yiff Destroy CYD Constant Year Dollars ), Ennis Inc. (NYSE:EBF EBF Ennis Business Forms, Inc. EBF European Business Forum EBF European Banking Federation EBF European Baptist Federation EBF Early B Cell Factor EBF Exclusively Breastfed EBF Ecumenical Bishops' Forum EBF Environmental Bamboo Foundation ) and Horace Mann Educators Corp. (NYSE:HMN HMN Hemmings Motor News ). View the entire list of stocks for the Low Price Stocks Profit Track at http://at.zacks.com/?id=2140. Here are details about four companies currently identified by the Low Price Stocks Profit Track: Aftermarket Technology Corp. (NASDAQ:ATAC), a logistics services company, recently delivered a strong earnings report. Second-quarter earnings were 36 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , ahead of the consensus estimate by 20%. The stock is trading around $17 per share with a price-to-sales ratio of .89. The company has a history of significantly beating consensus estimates. Over the past two quarters, ATAC has exceeded estimates by 14% and 20%. Earnings per share over the past 12 months are $1.41. China Yuchai (NYSE:CYD) a diversified machinery company, generated first-quarter earnings came in at 59 cents per share, eclipsing the consensus estimate by 13%. The stock sports a price-to-sales ratio of .71. CYD is trading around $14 per share and has generated earnings per share over the past 12 months of $1.61. Ennis Inc. (NYSE:EBF), an office products company, posted fiscal first-quarter earnings of 41 cents per share, surpassing last year's 27 cents and exceeding the consensus estimate by 17%. EBF has a price-to-sales ratio of 1.0. The company has earned $1.23 per share over the past and trades $17 per share, resulting in a low P/E P/E See: Price/earnings ratio multiple. Horace Mann Educators Corp. (NYSE:HMN), an insurance holding company, recently reported second-quarter earnings of 65 per share. The result topped the consensus estimate by 51% and outpaced last year's first quarter. HMN trades at a price-to-sales ratio of .95. The company has earned $1.33 over the past 12 months. Discover all the current stocks currently on the Low Price Stocks Profit Track at: http://at.zacks.com/?id=2141. About Profit Tracks What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2004, the Upgrades and Revisions strategy was the top performing Profit Track with a return of +55.7% followed by the Low Price Stocks screen with a +50.6% return. To see all nine strategies along with philosophy, past performance, and current stocks, go to http://at.zacks.com/?id=1838 All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. . If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at http://at.zacks.com/?id=1993 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=1841 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. (a)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index . The S&P 500 includes the reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. |
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