Consumer stocks in the mid-cap space present options for expanding a portfolio without adding risks found in smaller cap peers. But the mid-cap stocks really worth considering are those that analysts have rated high recently and that also have significant growth forecasted on the horizon. Positive analyst ratings can indicate that the fundamentals of the company are sound, and growth projections are a further vote of confidence that the company is on track to meet investor expectations. We culled an interesting survey of mid-cap consumer stocks with these ideas in mind. Take a look to see if any meet your standards.
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 mid-cap consumer stocks. Next, we screened for businesses that analysts rate as "Buy" (2 < mean recommendation < 3). We then looked for businesses with projected high growth, measured by 1-year projected EPS growth above 25%.
Do you think these mid-cap stocks have strong enough fundamentals to move higher? Use our screened list as a starting point for your own analysis.
1) Tesla Motors, Inc. (NASDAQ:TSLA)
|Industry:||Auto Manufacturers - Major|
Tesla Motors, Inc. has Analysts' Rating of 2.20 and a 1-Year Projected Earnings Per Share Growth Rate of 118.40%. The short interest was 43.49% as of 08/06/2012. Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company offers Tesla Roadster, an electric sports car. It markets and sells its vehicles through corporate events; and directly to consumers through the phone and Internet, as well as its network of Tesla stores.
2) Westport Innovations Inc. (NASDAQ:WPRT)
Westport Innovations Inc. has Analysts' Rating of 2.30 and a 1-Year Projected Earnings Per Share Growth Rate of 42.60%. The short interest was 36.92% as of 08/06/2012. Westport Innovations Inc., together with its subsidiaries, engages in the provision of low-emission engine and fuel system technologies that enable light, medium, heavy-duty, and high-horsepower petroleum-based fuel engines to use natural gas and alternative fuels. The company designs, produces, and sells alternative fuel engines, systems, and components for automotive and industrial markets. It also designs, engineers, and produces natural gas engines for the urban buses, refuse collection trucks, and conventional trucks and tractors, as well as for specialty vehicles.
3) Constellation Brands Inc. (NYSE:STZ)
|Industry:||Beverages - Wineries & Distillers|
Constellation Brands Inc. has Analysts' Rating of 2.30 and a 1-Year Projected Earnings Per Share Growth Rate of 35.86%. The short interest was 2.11% as of 08/06/2012. Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company's Constellation Wines North America segment produces, markets, and exports wine, as well as sells various wine brands across various categories, including table wine, sparkling wine, and dessert wine. It offers wine under the Robert Mondavi Brands, Clos du Bois, Blackstone, Estancia, Arbor Mist, Toasted Head, Simi, Black Box, Ravenswood, Rex Goliath, Kim Crawford, Franciscan Estate, Wild Horse, Ruffino, Nobilo, Mount Veeder, Inniskillin, and Jackson-Triggs brands; and spirits under the SVEDKA Vodka, Black Velvet Canadian Whisky, and Paul Masson Grande Amber Brandy brands.
4) Ralcorp Holdings Inc. (RAH)
|Industry:||Processed & Packaged Goods|
Ralcorp Holdings Inc. has Analysts' Rating of 2.30 and a 1-Year Projected Earnings Per Share Growth Rate of 25.16%. The short interest was 1.41% as of 08/06/2012. Ralcorp Holdings, Inc. engages in manufacturing, distributing, and marketing private-brand food products, ready-to-eat cereal products, and other regional and value-brand food products. Its products include ready-to-eat and hot cereals; nutritional and cereal bars; snack mixes, corn-based chips, and extruded corn snack products; crackers and cookies; snack nuts; chocolate candy; salad dressings; mayonnaise; peanut butter; jams and jellies; syrups; sauces; frozen griddle products, including pancakes, waffles, and French toast; frozen biscuits and other frozen pre-baked products, such as breads and rolls; frozen and refrigerated doughs; and dry pasta. The company offers its products under various brands, including Post, Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size, Grape-Nuts, Honeycomb, 3 Minute Brand, Ralston, Parco, Lofthouse, Krusteaz, Panne Provincio, Major Peters', Medallion, Ry Krisp, Champagne, Monet, Rippin' Good, Hoody's, Linette, JERO, Flavor House, Nutcracker, Pennsylvania Dutch, Heartland, Golden Grain, Anthony's, Pasta Lensi, Ronco, and Mueller's.
5) Lululemon Athletica Inc. (NASDAQ:LULU)
|Industry:||Textile - Apparel Clothing|
Lululemon Athletica Inc. has Analysts' Rating of 2.30 and a 1-Year Projected Earnings Per Share Growth Rate of 27.16%. The short interest was 27.25% as of 08/06/2012. lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel for women, men, and female youth. The company's line of apparel and accessories include fitness pants, shorts, tops, and jackets for healthy lifestyle activities, such as yoga, running, and general fitness. Its fitness-related accessories comprise bags, socks, underwear, yoga mats, instructional yoga DVDs, and water bottles.
6) Under Armour, Inc. (NYSE:UA)
|Industry:||Textile - Apparel Clothing|
Under Armour, Inc. has Analysts' Rating of 2.40 and a 1-Year Projected Earnings Per Share Growth Rate of 28.57%. The short interest was 18.01% as of 08/06/2012. Under Armour, Inc. engages in the design, development, marketing, and distribution of apparel, footwear, and accessories for men, women, and youth worldwide. The company offers its apparel in three fit types: compression, fitted, and loose that are designed to be worn in hot, cold, and changing temperatures. Its footwear products include football, baseball, lacrosse, softball and soccer cleats, as well as slides, performance training footwear, running footwear, basketball footwear, and hunting boots for athletes.
7) Goodyear Tire & Rubber Co. (NASDAQ:GT)
|Industry:||Rubber & Plastics|
Goodyear Tire & Rubber Co. has Analysts' Rating of 2.30 and a 1-Year Projected Earnings Per Share Growth Rate of 31.75%. The short interest was 5.99% as of 08/06/2012. The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires, and related products and services worldwide. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment, and various other applications. It sells tires under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. The company is also involved in retreading truck, aviation, and off-the-road tires; manufacturing and selling tread rubber and other tire retreading materials; providing automotive repair services, and miscellaneous other products and services; and manufacturing and selling flaps for truck tires and other tires.
*Company profiles were sourced from Google Finance and Yahoo Finance. Financial data was sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.