Zacks Earnings and Margins Strategy Highlights: Hardinge, Globecomm Systems, Mitcham Industries and Yanzhou Coal Mining Co.CHICAGO -- Earnings are the single most important metric for a company. Combine that with a healthy Net Profit Margin and you find a screen that has generated a cumulative return of +623.7% since January 2001. For 2006, this Profit Track has returned 23.4%. For the first month of 2007, this Profit Track returned 4.0%. This screen is called the Earnings and Margins Profit Track strategy. Here are four stocks meeting this screen's exclusive criteria: Hardinge Inc. (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 : HDNG HDNG Heading HDNG Historische Databank Nederlandse Gemeenten (Historical Database of Dutch Municipalities) HDNG holder in due negotiation HDNG Heavy Duty Nitrile Gloves ), Globecomm Systems Inc. (NASDAQ: GCOM GCOM General Council on Ministries (United Methodist Church) GCOM Graphic Communications (course) GCOM Global Change Observation Mission ), Mitcham Industries Inc. (NASDAQ: MIND) and Yanzhou Coal Mining Co. Ltd. (NYSE NYSE See: New York Stock Exchange : YZC). View the entire list of stocks for the Earnings and Margins Profit Track at http://at.zacks.com/?id=1858 Here are four companies that meet the following Earnings and Margin Profit Track: Hardinge Inc. (NASDAQ: HDNG) sports earnings per share growth of 100% for the most recently completed year, versus the year-prior. The company offers a net margin of 0.04. On Jun 28, Hardinge was selected for inclusion in both the Russell 2000 and Russell 3000 indices. In early May, this Zacks #1 Rank stock reported first-quarter earnings of 60 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. , up from 22 cents in the year-ago period and 16 cents above expectations. Globecomm Systems Inc. (NASDAQ: GCOM) reported fiscal third-quarter earnings of 14 cents per share in early May. The results matched the consensus estimate and outperformed the year-ago total. Sales increased 10.2% to $39.11 million from the prior year quarter. GCOM meets the criteria of this Profit Track as evidenced by its net margin of 0.04 and year-over-year earnings growth of 68.75%. Mitcham Industries Inc. (NASDAQ: MIND) reported first-quarter earnings of 39 cents per share, up from 33 cents in the year-ago period and nine cents above expectations. Revenues soared over 63% to $14.1 million, fueled by increased demand for seismic equipment; development and growth in new geographic markets; and expansion of the company's lease pool. MIND experienced annual earnings per share growth of 16.25% from the year-prior and a net profit margin of 0.19. Yanzhou Coal Mining Co. Ltd. (NYSE: YZC) saw annual earnings per share growth of 120.2% for the most recent full year, versus the year-prior. The company's net margin stands at 0.23. YZC has soared over 115% year-to-date, quadrupling quad·ru·ple adj. 1. Consisting of four parts or members. 2. Four times as much in size, strength, number, or amount. 3. Music Having four beats to the measure. n. the 2006 return of 26.6%. Full-year consensus estimates for 2007 currently stand at $4.58, up from $3.86 three months ago. Discover all the current stocks currently on the Earnings and Margin Profit Track at: http://at.zacks.com/?id=1859 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 Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. the market in the years ahead. In 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +56.5% followed by the Discounted Fundamental screen with a +34% 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 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros 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. Zacks Rank performance is the total return (price changes + dividends) of equal weighted portfolios, consisting of those stocks with the indicated Zacks Rank, assuming zero 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). . These returns are not the result of a backtest; these are actual returns since 1988. The stocks in the Zacks Rank portfolios were available to Zacks clients before the beginning of each month (monthly rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting ). Performance results from 1988 through September 2006 are based on a subset A group of commands or functions that do not include all the capabilities of the original specification. Software or hardware components designed for the subset will also work with the original. of all Zacks Rank stocks that excludes stocks covered by only one analyst and ADR's. The S&P 500 Index is a well-known, unmanaged index of the prices of 500 large-company common stocks, mainly blue-chip stocks Noun 1. blue-chip stock - a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield; "blue chips are usually safe investments" blue chip , selected by Standard & Poor's. The S&P 500 Index assumes 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 dividends but does not reflect advisory fees. An investor cannot invest directly in an index. Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : 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 solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion