Consumers can be fickle. Today's hot item can be passe in a few months. Companies that want to be on the cutting edge know that fads come and go. It is quality, reliability, and keeping with the times that are key to a company's longevity. One indicator that a company can stay current with the times and has growth on the horizon is a strong EPS rate. Today we searched for consumer stocks with EPS growth rates of 25% and higher. Additionally, all of these stocks have received a recent 'Strong Buy' rating from industry analysts. Take a look to see if any of these stocks capture your interest.
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 consumer stocks. Then we screened for businesses that analysts rate as "Strong Buy" (mean recommendation < 2). Next, we screened for businesses with estimated high-growth, with 1-year projected EPS growth above 25%. We did not screen out any market caps.
Do you think these stocks have more value to price in? Use this list as a starting-off point for your own analysis.
1) Hanesbrands Inc. (HBI)
|Industry||Textile - Apparel Clothing|
|1-Year Projected Earnings Per Share Growth Rate||25.10%|
Hanesbrands Inc., a consumer goods company, engages in designing, manufacturing, sourcing, and selling a range of basic apparels in the United States and internationally. It offers T-shirts, bras, panties, men's and kids' underwear, casualwear, activewear, shapewear, socks, and hosiery products primarily under the Hanes, Champion, Bali, Playtex, Just My Size, L'eggs, barely there, Wonderbra, Gear for Sports, Stedman, Zorba, Rinbros, Sol y Oro, Outer Banks, and Duofold brands. The company sells its products through various distribution channels, including retailers, wholesalers, and third party embellishers, as well as directly to consumers.
2) Synutra International Inc. (SYUT)
|1-Year Projected Earnings Per Share Growth Rate||40.79%|
Synutra International, Inc., through its subsidiaries, engages in the production, marketing, and distribution of dairy based nutritional products primarily under the Shengyuan or Synutra name in the People's Republic of China. The company offers powdered infant and adult formula products for adults and children under the Super, U-Smart, My Angel, Mingshan, and Helanruniu brand names; prepared baby food for babies and children under the Huiliduo brand name; and nutritional ingredients and supplements, such as chondroitin sulfate, microencapsulated docosahexanoic acid, and arachidonic acid. It also sells milk powder, whey protein, and raw milk to industrial customers.
3) Spartan Motors Inc. (SPAR)
|Industry||Trucks & Other Vehicles|
|1-Year Projected Earnings Per Share Growth Rate||82.61%|
Spartan Motors, Inc. engages in the design, engineering, manufacture, and sale of specialized motor vehicle chassis and bodies primarily in the United States, Canada, South America, and Asia. The company operates in two segments, Specialty Vehicle, and Service and Delivery Vehicles. The Specialty Vehicle segment offers custom chassis for emergency response vehicles, motor homes, and other specialty vehicles; emergency response bodies; aerial ladders and emergency response vehicle bodies; and aftermarket parts and services.
*Company profiles were sourced from Google Finance and Yahoo Finance. Financial data was sourced from Finviz on August 21, 2012.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.