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All of the stocks mentioned below are releasing their earnings within the next week. Additionally, they have recently seen a decrease in the Put/Call ratio, which is based on open interest of option contracts. In other words, there have been a rapid rise in call options relative to put options.

With these companies releasing earnings over the coming days, do you think the options market's optimism is justified? Full details below.

Options data sourced from Schaeffer's. Earnings dates, short float and performance data sourced from Finviz. (Please note: All changes in the Put/Call ratio occur between 2/2 - 2/15)

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Note: The numbers on top of items represent the forward P/E ratio, if available.

The list has been sorted by the change in the Put/Call ratio.

1. Synopsys Inc. (NASDAQ:SNPS): Technical & System Software Industry. Market cap of $4.33B. Put/Call ratio decreased from 1.3 to 0.3 (-76.92% change). Earnings release scheduled for 02/16. Short float at 1.52%, which implies a short ratio of 2.26 days. The stock has gained 36.87% over the last year.

Other Highlights:

- Over the last year, the company has proven itself to be more profitable than its industry competitors. Trailing twelve month (TTM) gross margin at 86.13%, higher than the industry average at 77.06%. TTM EBITD margin at 22.25% vs. industry average at -7.94%, while TTM operating margin came in at 14.92%, higher than the industry average at -13.09%.

2. NetApp, Inc. (NASDAQ:NTAP): Data Storage Devices Industry. Market cap of $21.55B. Put/Call ratio decreased from 1.3 to 0.76 (-41.54% change). Earnings release scheduled for 02/16. Short float at 4.78%, which implies a short ratio of 3.24 days. The stock has gained 84.58% over the last year.

Other Highlights:

- Institutional and mutual fund investors have been net purchasers of the company's shares over the last two quarters, suggesting that the smart money thinks there's more upside to the stock. Institutional investors have been net buyers of 13.7M shares during the most recent quarter, vs. 12.0M net shares purchased in the previous quarter. Mutual fund investors have also been optimistic on the stock. They were net buyers of 408.9K shares during the most recent quarter, vs. 10.1M net shares purchased in the previous quarter.

3. Donaldson Company, Inc. (NYSE:DCI): Pollution & Treatment Controls Industry. Market cap of $4.68B. Put/Call ratio decreased from 0.79 to 0.48 (-39.24% change). Earnings release scheduled for 02/16. Short float at 2.41%, which implies a short ratio of 7.66 days. The stock has gained 54.25% over the last year.

Other Highlights:

- When compared to industry competitors, the company reported better than average profit margins during the most recent quarter. Gross margins came in at 38.06%, higher than the industry average at 33.1% (most recent quarter, annualized). Operating margin came in at 14.35%, higher than the industry average at 11.99%, while net profit margin came in at 14.35% vs. the industry average at 11.99%.

- Judging by trailing twelve month (TTM) ratios like Return on Equity (ROE), Return on Assets (ROA) and Return on Invested Capital (ROI), it's clear that the company's management is doing an excellent job. TTM ROE at 23.85%, higher than the industry average at 17.7%, TTM ROA at 12.55% vs. the industry average at 5.6%, and TTM ROI at 17.21%, higher than the industry average at 8.49%. The company also outperformed its industry competitors in terms of the TTM Return on Sales ratio (9.27% vs. the industry average at 6.25%).

4. Corn Products International Inc. (CPO): Processed & Packaged Goods Industry. Market cap of $3.68B. Put/Call ratio decreased from 0.48 to 0.31 (-35.42% change). Earnings release scheduled for 02/17. Short float at 0.53%, which implies a short ratio of 0.76 days. The stock has gained 51.54% over the last year.

5. Campbell Soup Co. (NYSE:CPB): Processed & Packaged Goods Industry. Market cap of $11.5B. Put/Call ratio decreased from 0.64 to 0.43 (-32.81% change). Earnings release scheduled for 02/18. Short float at 9.68%, which implies a short ratio of 8.52 days. The stock has gained 5.93% over the last year.

Other Highlights:

- Institutional and mutual fund investors have been net purchasers of the company's shares over the last two quarters, suggesting that the smart money thinks there's more upside to the stock. Institutional investors have been net buyers of 2.1M shares during the most recent quarter, vs. 17.0M net shares purchased in the previous quarter. Mutual fund investors have also been optimistic on the stock. They were net buyers of 5.4M shares during the most recent quarter, vs. 306.3K net shares purchased in the previous quarter.

6. Weight Watchers International, Inc. (NYSE:WTW): Personal Services Industry. Market cap of $3.25B. Put/Call ratio decreased from 0.45 to 0.31 (-31.11% change). Earnings release scheduled for 02/17. Short float at 4.71%, which implies a short ratio of 4.82 days. The stock has gained 56.48% over the last year.

Other Highlights:

- The company's capital spending accelerated by 19.05% over the last five years, much faster than the industry average of 10.98%. At least theoretically, this makes them more competitive over the coming years, since their operational assets are more up-to-date.

7. SPX Corporation (NYSE:SPW): Diversified Machinery Industry. Market cap of $4.32B. Put/Call ratio decreased from 0.76 to 0.54 (-28.95% change). Earnings release scheduled for 02/17. Short float at 3.23%, which implies a short ratio of 3.59 days. The stock has gained 49.88% over the last year.

Other Highlights:

- The company has demonstrated rapid cash flow growth over the last five years, which may lower their risk going forward. Five year average cash flow growth at 47.66%, much higher than the industry average at 2.95%.

8. Intuit Inc. (NASDAQ:INTU): Application Software Industry. Market cap of $15.47B. Put/Call ratio decreased from 0.91 to 0.67 (-26.37% change). Earnings release scheduled for 02/17. Short float at 1.06%, which implies a short ratio of 1.03 days. The stock has gained 70.49% over the last year.

Other Highlights:

- Over the last year, the company has proven itself to be more profitable than its industry competitors. Trailing twelve month (TTM) gross margin at 87.13%, higher than the industry average at 77.06%. TTM EBITD margin at 31.2% vs. industry average at -7.94%, while TTM operating margin came in at 24.45%, higher than the industry average at -13.09%.

Source: 8 Companies Releasing Earnings This Week on Rising Call Volume