Are you looking to get started investing in the industrial sector, where companies produce real material and tangible goods? Today we searched for industrial companies whose fundamentals indicate that they are set for near-term growth. As a way to hone in on the cream of the crop, we only looked at companies with strong analyst ratings. You might be interested in the list our screen produced.
Interested in industrial stocks? Do you prefer stocks that analysts rate as 'Strong Buy'? Do you prefer stocks that can bring in profits over the next year? For ideas on where to look, we ran a screen you may be interested in.
EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. The 1-Year Expected EPS Growth Rate is an annual growth estimate, where the growth projections are made by analysts, the company or other credible sources.
We first looked for industrial stocks. Next, we then screened for businesses that analysts rate as "Strong Buy" (mean recommendation < 2). From here, we then looked for companies that have expected earnings per share growth of more than 25 percent for next year(1-year projected EPS Growth Rate>25%). We did not screen out any market caps.
Do you think these stocks are at too low of valuations, given their fundamentals? Use this list as a starting-off point for your own analysis.
1) LSI Industries Inc. (LYTS)
|Industry:||Industrial Electrical Equipment|
LSI Industries Inc. has a Analysts' Rating of 1.00, and a 1-Year Projected Earnings Per Share Growth Rate of 142.11%. The short interest was 3.12% as of 06/18/2012. LSI Industries Inc. provides corporate visual image solutions in the United States, Canada, Australia, Latin America, Europe, and the Middle East. The company manufactures and markets outdoor and indoor lighting products for the commercial, industrial, and multi-site retail lighting markets, including the petroleum/convenience store market. Its lighting products include exterior area lighting, interior lighting, canopy lighting, landscape lighting, light emitting diode (LED) lighting, light poles, lighting analysis, and photometric layouts.
2) Graham Corp. (GHM)
Graham Corp. has a Analysts' Rating of 1.30, and a 1-Year Projected Earnings Per Share Growth Rate of 38.68%. The short interest was 4.41% as of 06/18/2012. Graham Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of vacuum and heat transfer equipment worldwide. It offers heat transfer equipment, including surface condensers, water heaters, and various types of heat exchangers comprising helical coil heat exchangers marketed under the Heliflow name, and plate and frame exchangers; and vacuum equipment, such as steam jet ejector vacuum systems and liquid ring vacuum pumps. The company also supplies components and raw materials for the nuclear power generating market; and services and sells spare parts for its equipment. Its products are used in various industrial process applications, including fertilizer plants, petrochemical intermediate plants, coals-to-chemicals plants, gas-to-liquids plants, and ethylene, methanol and, nitrogen producing plants, as well as plastics, resins, and fibers plants; nuclear power generation, fossil fuel plants, biomass plants, cogeneration power plants, geothermal power plants, and ethanol plants; propulsion systems for nuclear aircraft carriers and other nuclear powered vessels; soap manufacturing plants, food processing plants, pharmaceutical plants, and liquefied natural gas production facilities.
3) Heritage-Crystal Clean, Inc (HCCI)
Heritage-Crystal Clean, Inc has a Analysts' Rating of 1.30, and a 1-Year Projected Earnings Per Share Growth Rate of 229.41%. The short interest was 5.61% as of 06/18/2012. Heritage-Crystal Clean, Inc. provides industrial and hazardous waste services to small and mid-sized customers in the United States. Its services comprise parts cleaning, containerized waste management, used oil collection and re-refining, and vacuum truck services.
4) M/I Homes, Inc. (MHO)
M/I Homes, Inc. has a Analysts' Rating of 1.00, and a 1-Year Projected Earnings Per Share Growth Rate of 233.33%. The short interest was 6.04% as of 06/18/2012. M/I Homes, Inc., together with its subsidiaries, primarily operates as a builder of single-family homes in the United States. The company operates in two segments, Homebuilding and Financial Services. The Homebuilding segment designs, constructs, markets, and sells single-family homes, attached townhomes, and condominiums to first-time, move-up, empty-nester, and luxury buyers in the Midwest, Mid-Atlantic, and southern regions.
5) Flow International Corp. (FLOW)
Flow International Corp. has a Analysts' Rating of 1.50, and a 1-Year Projected Earnings Per Share Growth Rate of 36.84%. The short interest was 3.35% as of 06/18/2012. Flow International Corporation, together with its subsidiaries, operates as a technology-based company providing waterjet cutting, surface preparation, and cleaning solutions in the United States, Europe, Asia, and internationally. The company's products include ultrahigh-pressure water pumps and power waterjet systems used to cut and clean materials. It also offers ultrahigh-pressure surface preparation and industrial cleaning systems used in waterjet cleaning for coating removal; and consumable parts used by the pump and cutting heads during operations, such as seals and orifices, as well as provides related services. The company sells its consumable parts online through flowparts.
6) LSB Industries Inc. (LXU)
|Industry:||General Building Materials|
LSB Industries Inc. has a Analysts' Rating of 1.30, and a 1-Year Projected Earnings Per Share Growth Rate of 47.28%. The short interest was 3.37% as of 06/18/2012. LSB Industries, Inc., through its subsidiaries, engages in the manufacture and sale of geothermal and water source heat pumps, air handling products, and chemical products. The company operates in two segments, Climate Control Business and Chemical Business. The Climate Control Business segment manufactures and sells heating, ventilation, and air conditioning (HVAC) products that include geothermal and water source heat pumps; hydronic fan coils; and other HVAC products, such as custom air handlers and modular geothermal chillers.
7) Cavco Industries Inc. (CVCO)
Cavco Industries Inc. has a Analysts' Rating of 1.00, and a 1-Year Projected Earnings Per Share Growth Rate of 64.66%. The short interest was 6.50% as of 06/18/2012. Cavco Industries, Inc. engages in the design, production, wholesale, and retail sale of manufactured homes in the continental United States. It produces single-section and multi-section homes, park model homes, and vacation cabins, as well as commercial structures for various applications, including portable offices, showrooms, and banking facilities. The company sells its products under various trade and brand names, including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, and Nationwide Homes.
8) Manitex International, Inc. (MNTX)
Manitex International, Inc. has a Analysts' Rating of 1.30, and a 1-Year Projected Earnings Per Share Growth Rate of 41.27%. The short interest was 3.73% as of 06/18/2012. Manitex International, Inc. provides engineered lifting solutions. The company operates through two segments, Lifting Equipment and Equipment Distribution. The Lifting Equipment segment designs, manufactures, and distributes boom trucks and crane products that are primarily used for industrial projects and energy exploration, as well as for infrastructure development, including, roads, bridges, and commercial construction; and specialized rough terrain cranes and material handling products for the construction, municipality, and railroad industries.
9) Allegheny Technologies Inc. (ATI)
Allegheny Technologies Inc. has a Analysts' Rating of 1.50, and a 1-Year Projected Earnings Per Share Growth Rate of 50.78%. The short interest was 3.57% as of 06/18/2012. Allegheny Technologies Incorporated engages in the production of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The High Performance Metals segment provides a range of high performance alloys, including nickel- and cobalt-based alloys and super alloys; titanium and titanium-based alloys; exotic metals, such as zirconium, hafnium, niobium, nickel-titanium, and related alloys; and other specialty alloys primarily in long product forms consisting of ingots, billets, bars, shapes and rectangles, rods, wires, seamless tubes, and castings. This segment also offers forged and cast metal components, and machined parts for various load-bearing and fatigue-resisting applications in the jet engine, aerospace, and industrial markets.
*Company profiles were sourced from Finviz. Financial data was sourced from Yahoo Finance.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.