NewMarket Corporation – Growth And Income – Zacks Rank Buy
Source: http://www.zacks.com/commentary/12453/NewMarket+Corporation+-+Growth+And+Income+-+Zacks+Rank+BuyPosted on Monday, October 19th, 2009 | In Investing Lessons, Stocks to Watch
NewMarket Corporation (NEU) continues to see upward revisions of the Zacks Consensus Estimate. The current full-year earnings forecast of $8.64 per share is an increase from the $8.14 projection analysts were calling for in late September, when NEU was previously featured as a Growth and Income pick. The most accurate Zacks Consensus Estimate is even higher at $8.90.
For the third quarter, analysts polled by Zacks are calling for earnings of $2.14 per share, up from last month’s $1.91 and the 2 months-ago level of $1.43. The most accurate Zacks Consensus Estimate is even more bullish at $2.48.
The company is scheduled to release third-quarter earnings on October 22.
Shares of NEU have outpaced the market by more than 100% over the past year.
Checkout the September 23 commentary on NEU.
Last Week’s Growth and Income Zacks Rank Buy Stocks
Casey’s General Stores Inc. (CASY) saw fiscal first-quarter earnings of 87 cents per share, exceeding the Zacks Consensus Estimate by 45% and topping the year-prior total. The company also declared a dividend of $0.085 per share, which translates into a an industry-leading yield of 1%. Read the full analysis on CASY.
Phillips-Van Heusen Corp. (PVH) is seeing bullish forecasts. Analysts polled by Zacks are calling for earnings of $2.46 per share. Last month, the Zacks Consensus Estimate stood at $2.43 and was pegged at $2.31 two months ago. Read the full analysis on PVH.
Pall Corporation (PLL) saw quarter over quarter sales growth in its fiscal fourth quarter as it surprised on the Zacks Consensus Estimate by 9.62%. Even with the financial crisis, Pall raised its dividend in fiscal 2009. Read the full analysis on PLL.
Perrigo Company (PRGO) has surprised on estimates the last two quarters as it reported record sales for fiscal 2009. PRGO has a PEG ratio of just 0.94. Read the full analysis on PRGO.
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 About Alex Kolb (http://www.zacks.com/)
Alex Kolb is an Editor at Zacks Investment Research. |
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