Momentum Ideas: 12 Low Debt Stocks Approaching 52-Week Highs

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 |  Includes: ASEI, BLDR, CHD, CHE, FDP, GEOS, NFG, PDS, SJM, SYK, TOT, TWX
by: Kapitall

The following is a list of stocks that are approaching 52-week highs. Additionally, all of these stocks have lower levels of debt when comparing the various metrics to their competitors.

Considering the relatively low levels of leverage being used by these companies, will momentum keep pushing these stocks higher? Full details below.

Debt data and industry comps sourced from Fidelity, short float and performance data sourced from Finviz.

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 alphabetically by company name.

1. American Science & Engineering Inc. (NASDAQ:ASEI): Security & Protection Services Industry. Market cap of $842.08M. TTM Long Term Debt/Equity 2.8% vs. industry average at 97.1%. TTM Total Debt/Assets 2.59% vs. industry average at 18.43%. TTM Total Debt/Equity 3.36% vs. industry average at 106.9%. Current ratio at 4.82 vs. industry average at 1.67. Short float at 2.31%, which implies a short ratio of 3.52 days. The stock has gained 24.78% over the last year.

2. Chemed Corp. (NYSE:CHE): Home Health Care Industry. Market cap of $1.48B. TTM Long Term Debt/Equity 31.2% vs. industry average at 61.5%. TTM Total Debt/Assets 18.15% vs. industry average at 22.68%. TTM Total Debt/Equity 31.2% vs. industry average at 68.94%. Current ratio at 1.61 vs. industry average at 1.43. Short float at 2.84%, which implies a short ratio of 4.44 days. The stock has gained 21.63% over the last year.

3. Church & Dwight Co. Inc. (NYSE:CHD): Cleaning Products Industry. Market cap of $5.24B. TTM Long Term Debt/Equity 26.33% vs. industry average at 92.74%. TTM Total Debt/Assets 19.72% vs. industry average at 26.09%. TTM Total Debt/Equity 34.38% vs. industry average at 123.41%. Current ratio at 1.77 vs. industry average at 0.91. Short float at 2.44%, which implies a short ratio of 4.64 days. The stock has gained 13.18% over the last year.

4. Fresh Del Monte Produce Inc. (NYSE:FDP):
Farm Products Industry. Market cap of $1.62B. TTM Long Term Debt/Equity 15.41% vs. industry average at 74.59%. TTM Total Debt/Assets 10.26% vs. industry average at 32.68%. TTM Total Debt/Equity 15.72% vs. industry average at 90.63%. Current ratio at 2.32 vs. industry average at 1.68. Short float at 5.14%, which implies a short ratio of 10.63 days. The stock has gained 39.4% over the last year.

5. National Fuel Gas Co. (NYSE:NFG): Gas Utilities Industry. Market cap of $5.91B. TTM Long Term Debt/Equity 58.2% vs. industry average at 127.88%. TTM Total Debt/Assets 24.06% vs. industry average at 33.69%. TTM Total Debt/Equity 69.28% vs. industry average at 155.8%. Current ratio at 1.37 vs. industry average at 1.01. Short float at 1.63%, which implies a short ratio of 2.68 days. The stock has gained 48.94% over the last year.

6. OYO Geospace Corp. (OYOG): Scientific & Technical Instruments Industry. Market cap of $662.98M. TTM Long Term Debt/Equity 4.14% vs. industry average at 31.08%. TTM Total Debt/Assets 3.67% vs. industry average at 18.55%. TTM Total Debt/Equity 4.39% vs. industry average at 36.71%. Current ratio at 5.57 vs. industry average at 2.2. Short float at 2.9%, which implies a short ratio of 2.75 days. The stock has gained 135.81% over the last year.

7. Precision Drilling Corporation (NYSE:PDS): Oil & Gas Equipment & Services Industry. Market cap of $3.07B. TTM Long Term Debt/Equity 28.05% vs. industry average at 30.99%. TTM Total Debt/Assets 17.36% vs. industry average at 18.59%. TTM Total Debt/Equity 28.14% vs. industry average at 36.67%. Current ratio at 3.39 vs. industry average at 2.21. Short float at 0.58%, which implies a short ratio of 1.61 days. The stock has gained 41.96% over the last year.

8. Stryker Corp. (NYSE:SYK): Medical Instruments & Supplies Industry. Market cap of $24.59B. TTM Long Term Debt/Equity 14.29% vs. industry average at 26.86%. TTM Total Debt/Assets 9.75% vs. industry average at 20.4%. TTM Total Debt/Equity 14.61% vs. industry average at 34.09%. Current ratio at 5.07 vs. industry average at 3.18. Short float at 4.31%, which implies a short ratio of 7.04 days. The stock has gained 19.1% over the last year.

9. The J. M. Smucker Company (NYSE:SJM): Processed & Packaged Goods Industry. Market cap of $8.03B. TTM Long Term Debt/Equity 22.23% vs. industry average at 74.59%. TTM Total Debt/Assets 14.47% vs. industry average at 32.68%. TTM Total Debt/Equity 22.33% vs. industry average at 90.63%. Current ratio at 3.53 vs. industry average at 1.68. Short float at 1.98%, which implies a short ratio of 3.06 days. The stock has gained 15.21% over the last year.

10. Time Warner Inc. (NYSE:TWX): Entertainment Industry. Market cap of $41.82B. TTM Long Term Debt/Equity 49.8% vs. industry average at 135.43%. TTM Total Debt/Assets 25.21% vs. industry average at 34.71%. TTM Total Debt/Equity 50.07% vs. industry average at 141.81%. Current ratio at 1.59 vs. industry average at 1.38. Short float at 1.18%, which implies a short ratio of 1.62 days. The stock has gained 36.25% over the last year.

11. Total SA (NYSE:TOT):
Major Integrated Oil & Gas Industry. Market cap of $136.96B. TTM Long Term Debt/Equity 35.91% vs. industry average at 87.63%. TTM Total Debt/Assets 21.04% vs. industry average at 23.99%. TTM Total Debt/Equity 50.84% vs. industry average at 94.95%. Current ratio at 1.42 vs. industry average at 1.38. Short float at 0.21%, which implies a short ratio of 1.27 days. The stock has gained 9.44% over the last year.

12. UIL Holdings Corporation (NYSE:UIL): Electric Utilities Industry. Market cap of $1.56B. TTM Long Term Debt/Equity 97.34% vs. industry average at 109.41%. TTM Total Debt/Assets 32.27% vs. industry average at 32.89%. TTM Total Debt/Equity 107.43% vs. industry average at 125.9%. Current ratio at 1.44 vs. industry average at 1.19. Short float at 6.56%, which implies a short ratio of 6.59 days. The stock has gained 20.02% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.