We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Bemis' (BMS) Stock Up 13% in 6 Months: Can It Gain Further?
Read MoreHide Full Article
Bemis Company, Inc. is riding high on impressive earnings surprise history, focus on Agility plan, as well as expansion of business. Bemis' shares have outperformed its industry with respect to price performance over the past six months. The stock has gained around 13%, while the industry has recorded loss of 9%
What’s Driving Bemis?
Bemis’ initiatives to improve cost structure through the Agility plan will help fix, strengthen, and grow its business. The plan includes optimizing manufacturing capacity, consolidating office space, and reducing SG&A, as well as other costs.
It also involves the simplification of product portfolio and organizational structure, rebalancing R&D efforts, along with pursuing targeted areas of growth in the North American business. Bemis expects to realize roughly $35 million of savings from the plan.
Bemis remains focused on improving its operating performance and expansion of business. During 2018, Bemis hired new sales representatives who are encouraged to pursue and win new business targets. The company has established core specific offerings by leveraging its existing innovative product portfolio and completed customer account reviews to focus on sales efforts.
Solid Zacks Rank, Score Combination
Bemis carries a Zacks Rank #2 (Buy), at present. It has a VGM score of B. Here V stands for Value, G for Growth and M for Momentum. The company’s score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. In fact, our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1(Strong Buy) or 2, make solid investment choices.
Positive Earnings Surprise History
Bemis surpassed the Zacks Consensus Estimate in three of the trailing four quarters, the average positive earnings surprise being 4.17%.
Brady has a long-term earnings growth rate of 7.5%. The company’s shares have gained around 23% over the past six months.
Owens-Illinois has a long-term earnings growth rate of 6.6%. Its shares have gained 12%, over the past six months.
Alarm.com has a long-term earnings growth rate of 17%. The stock has appreciated 26% over the past six months.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6% and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Bemis' (BMS) Stock Up 13% in 6 Months: Can It Gain Further?
Bemis Company, Inc. is riding high on impressive earnings surprise history, focus on Agility plan, as well as expansion of business. Bemis' shares have outperformed its industry with respect to price performance over the past six months. The stock has gained around 13%, while the industry has recorded loss of 9%
What’s Driving Bemis?
Bemis’ initiatives to improve cost structure through the Agility plan will help fix, strengthen, and grow its business. The plan includes optimizing manufacturing capacity, consolidating office space, and reducing SG&A, as well as other costs.
It also involves the simplification of product portfolio and organizational structure, rebalancing R&D efforts, along with pursuing targeted areas of growth in the North American business. Bemis expects to realize roughly $35 million of savings from the plan.
Bemis remains focused on improving its operating performance and expansion of business. During 2018, Bemis hired new sales representatives who are encouraged to pursue and win new business targets. The company has established core specific offerings by leveraging its existing innovative product portfolio and completed customer account reviews to focus on sales efforts.
Solid Zacks Rank, Score Combination
Bemis carries a Zacks Rank #2 (Buy), at present. It has a VGM score of B. Here V stands for Value, G for Growth and M for Momentum. The company’s score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. In fact, our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1(Strong Buy) or 2, make solid investment choices.
Positive Earnings Surprise History
Bemis surpassed the Zacks Consensus Estimate in three of the trailing four quarters, the average positive earnings surprise being 4.17%.
Other Stocks to Consider
Some other top-ranked stocks in the sector include Brady Corporation (BRC - Free Report) , Owens-Illinois, Inc. (OI - Free Report) and Alarm.com Holdings, Inc. (ALRM - Free Report) . All three stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Brady has a long-term earnings growth rate of 7.5%. The company’s shares have gained around 23% over the past six months.
Owens-Illinois has a long-term earnings growth rate of 6.6%. Its shares have gained 12%, over the past six months.
Alarm.com has a long-term earnings growth rate of 17%. The stock has appreciated 26% over the past six months.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6% and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>