The Zacks Analyst Blog Highlights: Omega Protein, Central Garden & Pet, BioTelemetry, Trinseo SA and Heritage-Crystal Clean
For Immediate Release
Chicago, IL – August 10, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Omega Protein Corporation (OME), Central Garden & Pet Company (CENT), BioTelemetry, Inc. (BEAT), Trinseo SA ( TSE) and Heritage-Crystal Clean, Inc. (HCCI).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday’s Analyst Blog:
Best 5 Stocks with Sturdy Earnings Growth
When you subtract the cost of production from revenues, you get earnings. In simple terms, it is how much money a company generates. If the company doesn’t make money then it won’t survive over the long haul. This is the reason why the highest priority for both a fledgling and an established corporation is to secure earnings growth on a year-over-year basis.
Earnings growth more often than not leads to an increase in the share price. But, earnings expectations too play a crucial role in share price movements.
Earnings Estimates Impact Share Prices
On several occasions, companies have seen their share prices fall despite generating earnings growth or for that matter a stock price has even surged following an earnings decline. This happens when a company’s earnings fail to meet market expectations.
But what exactly do earnings estimates represent? Earnings estimates embody analysts’ opinions of factors such as sales growth, product demand, competitive industry environment, profit margins, expenses and cost control. Thus, earnings estimates are a valuable tool for investors when deciding whether or not to buy a stock.
We have selected stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.
Screening Parameters
In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters:
Zacks Rank equal to 1 (Only Zacks' 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.)
5-Year Historical EPS Growth (%) greater than X-Industry : Stocks that possess strong EPS growth history.
% Change EPS F(0)/F(-1) greater than or equal to 5 : Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal year.
% Change Q1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks.
% Change F1 Estimates over the last 1 week greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 1 week.
% Change F1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks.
The above criteria narrowed down the universe of around 7,714 stocks to only 11. Here are the top five stocks:
Omega Protein Corporation (OME) develops, produces, and delivers products to enhance the nutritional integrity of foods, dietary supplements, and animal feeds worldwide. The company’s estimated earnings growth rate for this year is 33%.
Central Garden & Pet Company (CENT) produces and markets products for the pet, and lawn and garden supplies industries in the United States. The company’s estimated earnings growth rate for this year is 61.7%.
BioTelemetry, Inc. (BEAT) provides cardiac monitoring, cardiac monitoring device manufacturing, and centralized cardiac core laboratory services. The company’s estimated earnings growth rate for this year is 59.8%.
Trinseo SA (TSE) is a materials company that manufactures and markets synthetic rubber, latex, and plastic products in Europe, the Middle East, North America, Latin America, and the Asia Pacific. The company’s estimated earnings growth rate for this year is 50.8%.
Heritage-Crystal Clean, Inc. (HCCI) provides parts cleaning, and hazardous and non-hazardous waste services to small and mid-sized customers in the manufacturing and vehicle maintenance sectors in North America. The company’s estimated earnings growth rate for this year is 40%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; 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.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
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.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
OMEGA PROTEIN (OME): Free Stock Analysis Report
CENTRAL GARDEN (CENT): Free Stock Analysis Report
BIOTELEMETRY (BEAT): Free Stock Analysis Report
TRINSEO SA (TSE): Free Stock Analysis Report
HERITAGE-CRYSTL (HCCI): Free Stock Analysis Report
To read this article on Zacks.com click here.