Business Services Industry

Zacks Earnings and Margins Strategy highlights: Anixter International, Brush Engineered Materials, Cholestech Corp. and Logility

Business Wire, March 29, 2007

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: Anixter International, Inc.(NYSE:AXE), Brush Engineered Materials, Inc. (NYSE:BW), Cholestech Corp. (Nasdaq:CTEC) and Logility, Inc. (Nasdaq:LGTY). 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:

Anixter International, Inc. (NYSE:AXE) announced fourth-quarter results in late January. The company stated that strong fourth quarter results completed a series of record-setting quarters leading to a record year in terms of sales and earnings. Earnings per share topped the previous year's fourth quarter and exceeded the consensus estimate by 2%. Anixter's full-year earnings experienced growth of 77% on a year-over-year basis.

Brush Engineered Materials, Inc. (NYSE:BW), a Zacks #1 Rank (Strong Buy) company, sports year-over-year earnings per share growth of 69% for the full year. The company reported fourth-quarter earnings of 44 cents per share, excluding an item, in mid-February. The result more than doubled last year's 21 cents and surpassed the consensus estimate by 13%. Sales reached $207.8 million for the fourth quarter, an increase of 48% over the year-prior quarter. Sales for the full-year 2006 were a record $763.1 million, up 41% from the 2005 result.

Cholestech Corp. (Nasdaq:CTEC) meets the criteria of this Profit Track as evidenced by its year-over-year earnings growth of 66% for the full year. In late January, CTEC posted fiscal third-quarter earnings that were higher than the year-ago result and outperformed the consensus estimate by 7%. Cholestech Corp. mentioned that its operating results continue to reflect improving margins in its business.

Logility, Inc. (Nasdaq:LGTY) recently released financial results for its fiscal third quarter. GAAP earnings per share totaled 15 cents, which matched the previous year's result. Logility said it was pleased with the quarterly performance, pointing out that it added 23 new customers and delivered all-time record revenues and operating earnings. Out of all the companies currently listed under this Profit Track, LDTY boasts the highest year-over-year earnings per share growth of 980% for the fiscal full year.

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 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. 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.

*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. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees.


 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale