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The following is a list of six low P/E (<10) companies which are scheduled to report their earning this week.

No.

Ticker

Company

Sector

Market Cap (USD Mn )

P/E

1

JPM

JPMorgan Chase & Co.

Financial

119,700

5.83

2

AA

Alcoa, Inc.

Basic Materials

10,333

8.09

3

SWY

Safeway Inc.

Services

6,100

9.42

4

FCS

Fairchild Semiconductor International Inc.

Technology

1,542

9.15

5

BONA

Bona Film Group Limited

Services

238

9.44

6

UEC

Uranium Energy Corp.

Basic Materials

191

6.37

Here are some of the specifics about these companies, including a brief description of their businesses, growth rates (top line and bottom line) and Valuation:

JPMorgan Chase & Co. (NYSE:JPM) is a financial holding company. The Company's activities are organized into six business segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury & Securities Services and Asset Management. JP Morgan’s EPS forecast for the current year is 4.69 and next year is 5.27. According to the consensus estimates, its top line is expected to decline 4% in the current year and grow 1% next year. It is trading at a forward P/E of 5.83.

Out of 33 analysts covering the company, 31 are positive and have buy recommendations and two have hold ratings. JP Morgan is relatively a safer bet as compared to Bank of America (NYSE:BAC) and Citigroup (NYSE:C), given its strong balance sheet. In the short term, fate of banking stocks depends a lot on whether there is a double dip or not. However, one can accumulate safer banks like Wells Fargo (NYSE:WFC) and JP Morgan given their attractive valuations and low bankruptcy risks.

Alcoa Inc. (NYSE:AA) is engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its participation in mining, refining, smelting, fabricating, and recycling. Alcoa’s EPS forecast for the current year is 1.04 and next year is 1.20. According to the consensus estimates, its top line is expected to grow 17.50% in the current year and 4.70% next year. It is trading at a forward P/E of 8.09. Out of 17 analysts covering the company, 11 are positive and have buy recommendations, two have sell recommendations and four have hold ratings.

Safeway Inc. (NYSE:SWY) is a food and drug retailer in North America. The company’s United States retail operations are located in California, Oregon, Washington, Alaska, Colorado, Arizona, Texas, the Chicago metropolitan area and the Mid-Atlantic region. The company’s Canadian retail operations are located in British Columbia, Alberta and Manitoba/Saskatchewan.

In support of its retail operations, the company has a network of distribution, manufacturing and food-processing facilities. Safeway’s EPS forecast for the current year is 1.70 and next year is 1.85. According to the consensus estimates, its top line is expected to grow 4.80% current year and 1.90% next year. It is trading at a forward P/E of 9.42. Out of 20 analysts covering the company, four are positive and have buy recommendations, six have sell recommendations and 10 have hold ratings.

Fairchild Semiconductor International Inc. (NASDAQ:FCS) is focused on developing, manufacturing and selling power analog, power discrete and certain non-power semiconductor solutions to a wide range of end market customers. Its product groups are organized by the end markets and includes Mobile, Computing, Consumer and Communication; Power Conversion, Industrial and Automotive; and Standard Discrete and Standard Linear, which contains a wide array of mature, standard products. FCS’ EPS forecast for the current year is 1.41 and next year is 1.32. According to the consensus estimates, its top line is expected to grow 3% current year and 1.3% next year. It is trading at a forward P/E of 9.15. Out of 13 analysts covering the company, seven are positive and have buy recommendations, one has a sell recommendation and five have hold ratings.

Bona Film Group Limited (NASDAQ:BONA) is a privately owned film distributor in China. It has expanded into non-theatrical distribution channels, including home video products, digital distribution and television. It owns and operates six movie theaters in commercial districts and residential areas in several major cities in China. Bona Film’s EPS forecast for the current year is 0.31 and next year is 0.43. According to the consensus estimates, its top line is expected to grow 163.60% current year and 38% next year. It is trading at a forward P/E of 9.44. All five analysts covering the company are positive and have buy recommendations.

Uranium Energy Corp. (NYSEMKT:UEC) is a natural resource exploration company engaged in the exploration of properties in the United States. Uranium Energy merged with Concentric Energy Corp. on September 9, 2011. Uranium Energy’s EPS forecast for the current year is -0.53 and next year is 0.41. According to the consensus estimates, its top line is expected to grow 398.70% next year. It is trading at a forward P/E of 6.37. Out of five analysts covering the company, three are positive and have buy recommendations, one has a sell rating and one has a hold rating.

Source: 6 Low P/E Companies Reporting Earnings This Week