These 3 Growth Stocks Could Hold Value
Growth focused investors may be interested in the following stocks, as their price-earnings ratios are below 20 and their earnings per share have grown significantly over the past year.
Horizon Therapeutics PLC
The first company that meets the above listed criteria is Horizon Therapeutics PLC (NASDAQ:HZNP), an Irish biotech developer of treatments for patients affected by rare and rheumatic diseases.
The company's trailing 12-month EPS increased to $3.02 as of the first quarter of 2020, up from 48 cents in the same quarter of 2019.
The price-earnings ratio is 18.57 (versus the industry median of 22.92) as of June 22.
As a result of 125.6% rise over the past year, the stock price traded at $52.52 per share at close on Monday for a market capitalization of $10.02 billion and a 52-week range of $22.69 to $53.
Horizon Therapeutics PLC does not pay dividends.
GuruFocus rated the financial strength of the company with a score of 5 out of 10 and the profitability with a score of 3 out of 10.
Wall Street sell-side analysts recommend a buy rating for this stock and have established an average target price of $53.33 per share.
Equity Residential
The second company that holds the above listed criteria is Equity Residential (NYSE:EQR), a Chicago-based real estate investment trust focusing on rental residential apartment buildings.
The company's trailing 12-month EPS increased by 112.8% in the past year to $3.15 as of the first quarter of 2020, up from $1.48 for the prior year quarter.
The price-earnings ratio stands at 18.87 (versus the industry median of 14.66) as of June 22.
Following a 24.2% decline over the past year, the stock was trading at a price of $59.29 per share at close on Monday for a market capitalization of $22.06 billion and a 52-week range of $49.62 to $89.55.
Currently, Equity Residential pays a quarterly cash dividend of 60.3 cents per common share with the next payment to be made on July 10. The company is a long-term dividend payer.
GuruFocus assigned a score of 3 out of 10 to the company's financial strength rating and a score of 7 out of 10 to its profitability.
Wall Street sell-side analysts issued a hold rating for this stock and have established an average target price of $66.39 per share.
Boston Properties Inc
The third company that holds the above listed criteria is Boston Properties Inc (NYSE:BXP), a Boston-based real estate investment trust focusing on office space properties.
The company's trailing 12-month EPS have grown by 84% in the past year to $5.87 as of the first quarter of 2020, up from $3.19 in the comparable quarter of the previous year.
The price-earnings ratio is 15.97 (versus the industry median of 14.66) as of June 22.
As a result of nearly 30% fall over the past year, the stock price traded at $93.63 per share at close on Monday for a market capitalization of $14.55 billion and a 52-week range of $71.57 to $147.83.
The company is currently paying a quarterly cash dividend of 98 cents per common share with the next payment to release on July 31.
GuruFocus assigned a score of 3 out of 10 for the company's financial strength and a score of 8 out of 10 for its profitability.
Wall Street sell-side analysts issued an overweight recommendation rating for this stock with an average target price of $113.06 per share.
Disclosure: I have no position in any securities mentioned in this article.
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This article first appeared on GuruFocus.
