Zacks Return on Equity Strategy highlights: Energy Transfer Partners LP, Martin Midstream Partners LP, Men's Wearhouse Inc., and AMERCO.CHICAGO -- One of the quickest ways to gauge whether a company is creating assets or gobbling up investor's cash is to look at their Return on Equity (ROE). The fast moving ROE Profit Track screening strategy from Zacks.com has generated double-digit returns for four consecutive years, including a 2004 return of +30.3%. In 2005, it continues to outperform the S&P 500 by a wide margin. Four stocks meeting this screen's exclusive criteria are Energy Transfer Partners LP (NYSE NYSE See: New York Stock Exchange :ETP ETP Eligible Termination Payment (Australian finance) ETP Equivalent Temps Plein (French: Full Time Equivalent) ETP European Technology Platform ETP Employment Training Panel ), Martin Midstream Partners LP (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 :MMLP MMLP Martin Midstream Partners LP (Kilgore, Texas) MMLP Marshall Mathers LP ), Men's Wearhouse Men's Wearhouse (NYSE: MW) is the largest men's dress apparel retailer in the United States. The company is based in Houston, Texas, and is publicly traded on the New York Stock Exchange. The company was founded by George Zimmer in 1973. Inc. (NYSE:MW), and AMERCO (NASDAQ:UHAL UHAL Amerco (NASDAQ symbol) ). View the entire list of stocks for the ROE Profit Track at http://at.zacks.com/?id=1853 Here are details about four companies currently identified by the ROE Profit Track: Energy Transfer Partners LP (NYSE:ETP) engages in the midstream and transportation, and storage of natural gas in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company meets the criteria of this Profit Track with a ROE of 18.69 and a price to sales ratio of 0.49. ETP reported record fiscal year 2005 results. ETP reported net income for the fiscal year ended Aug 31, 2005 of $349.4 million compared to net income of $99.2 million for the fiscal year ended August 31, 2004. Martin Midstream Partners LP (NASDAQ:MMLP) posted third-quarter earnings per share of 56 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. in early November. The result topped last year's 22 cents and outpaced the consensus estimate by 51%. MMLP reported net income for the third quarter of 2005 of $4.8 million--the highest quarterly net income in the history of MMLP. Revenues for the third quarter of 2005 were $112.8 million compared to $72.2 million for the third quarter of 2004. Men's Wearhouse Inc. (NYSE:MW) recently issued fiscal year 2005 EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. guidance above analysts' estimates. In mid-November, the company announced that third-quarter profit surged on strong sales of tailored men's apparel. The company reported earnings per share of 38 cents for the third quarter. The result surpassed the consensus estimate by nearly 9% and eclipsed the prior year's performance. MW satisfies this Profit Track criteria with a ROE of 17.06 and price to sales ratio of 0.94. AMERCO (NASDAQ:UHAL), which has a ROE of 15.00, recently released second-quarter earnings results, which surpassed analysts' expectations by almost 7%. EPS outperformed the previous year's result by 32%. UHAL reported that an increase in rentals of its moving equipment helped push its quarterly profit higher. The company sports a price to sales ratio of 0.75. Discover all the current stocks currently on the ROE Profit Track at: http://at.zacks.com/?id=1854 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 +54.8% 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=2156 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion