Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for May, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- What is the Stock Market's Achilles Heel?
- 3 Dividend Stocks at Reasonable Prices
- RTI: Are You Doing the Elon Musk Trade?
- Buy These ETFs to Profit from "Sector Rotation"
- Oil & Gas Industry Stock Outlook - May 2013
- Uncharted Territory
- 4 Ways to Short Oil with ETFs
- Options Strategies & the Zacks Rank
- This Week's Growth & Income Stocks
- AWS 5/17: The Fed: The Only Game in Town
- PFP 5/17: The ONLY Investment Story
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Estimates have moved higher since then, pushing shares to a Zacks #1 Rank (Strong Buy) and right now might be a good time to buy on the dip.
Company Description
BTU International makes thermal processing equipment and processes for the alternative energy and electronics manufacturing industries. The company's equipment is found in solar cells, nuclear fuel, in circuit board assemblies and other areas.
Record-Breaking Quarter
Back on Mar 1 BTU International reported $27.4 million in sales for the fourth quarter, up 127% year over year and a new company record. Net income came in at $2.2 million, a sharp turnaround from the $3.9 million loss a year ago.
Earnings worked out to $0.24 per share, which was twice as much as analysts polled by Zacks were expecting. This was BTU's fourth consecutive earnings surprise and it came with comments from the CEO.
While the company expects as softer electronics business, it sees increasing demand for solar products, which now represents 60% of revenue and is climbing. BTU International expects first quarter revenues to land between $24 million and $26 million, which is up sharply from the $17.1 million brought in a year ago.
Estimates Jump
Analysts following BTU International quickly raised forecasts on the earnings news. Full-year estimate for 2011 are now averaging $0.61, up 13 cents. Next year's Zacks Consensus Estimate is up 5 cents, to $0.88.
In 2010 the company earned $0.23, putting projected growth rates at 163% and 45%, respectively. And those growth rates are reasonably priced. Shares are going for 17 times the 2011 estimate and under 12 times the 2012 projection.
Using the 2012 figure, the PEG ratio comes out to 0.8 times. Currently the price to sales ratio is 1.17, which is on par with the peer group.
The Chart
Shares of BTUI have been fairly volatile over the past few months, but the improving earnings outlook has this looking like a good chance to get in at a discount. Shares are trading lower right now and this could be a great entry point.
Bill Wilton is the Aggressive Growth Stock Strategist for Zacks.com. He is also the Editor in charge of the Zacks Small Cap Trader service
Read the full reports :
Snapshot Report on BTUI