Do you prefer companies priced under $10? Do you prefer companies with strong profits? Are you a momentum investor? For ideas on how to start your search, we ran a screen you may find helpful.
EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. EPS growth rates help investors identify stocks that are increasing or decreasing in profitability. This profitability metric is generally a key driver in the price of the stock as it directly correlates to the profitability of the company as a whole.
We first looked for stocks that have shown strong bottom line growth over the last year (1-year fiscal EPS growth rate>10%) and that are currently trading at no less than 20% below their 52-week highs. Why you wonder? The number shows these firms are doing something right consistently. The real question is "as an investor do you think the firms listed here have room to go even higher?". We did not screen out any sectors or market caps.
Do you think these share-price stocks are at too low of valuations, given their fundamentals? Please use our list to assist your own analysis.
1) Atlantic American Corp. (NASDAQ:AAME)
Atlantic American Corp. has a Share Price of 2.93 and Earnings Per Share Growth of 479.09% and trading below it's 52 Week High by -2.58%. The short interest was 0.07% as of 04/25/2012. Atlantic American Corporation, through its subsidiaries, provides life, health, property, and casualty insurance products in the United States. Its property and casualty insurance products include business automobile insurance coverage for state governments, local municipalities, and other large motor pools and fleets, as well as personal property, inland marine, and general liability insurance products. The company also provides surety bond coverage for school bus transportation and subdivision construction, as well as performance and payment bonds. In addition, it offers ordinary and term life insurance, Medicare supplement, and other accident and health insurance products.
2) Autobytel Inc. (ABTL)
|Industry:||Internet Information Providers|
Autobytel Inc. has a Share Price of 0.92 and Earnings Per Share Growth of 104.59% and trading below it's 52 Week High by -40.65%. The short interest was 0.13% as of 04/25/2012. Autobytel Inc. operates as an automotive marketing services company in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its online purchase request referrals, dealer marketing products and services, and online advertising programs and data products. The company provides vehicle purchase request programs, including new vehicle purchase request program, which allows consumers to submit requests for pricing and availability of specific makes and models; used vehicle purchase request program that allows consumers to search for used vehicles according to specific search parameters, such as the price, make, model, mileage, year, and location of the vehicle; and finance purchase request program designed to provide consumers the opportunity to obtain vehicle financing and other services from dealers or finance institutions.
3) Aceto Corp. (NASDAQ:ACET)
|Industry:||Chemicals - Major Diversified|
Aceto Corp. has a Share Price of 9.06 and Earnings Per Share Growth of 31.71% and trading below it's 52 Week High by -9.31%. The short interest was 2.41% as of 04/25/2012. Aceto Corporation engages in the sourcing, regulatory support, marketing, and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products, and specialty chemicals worldwide. The company operates in three segments: Health Sciences, Specialty Chemicals, and Agricultural Protection Products. The Health Sciences segment supplies raw materials used in the production of nutritional and packaged dietary supplements, including vitamins, amino acids, iron compounds, and bio chemicals used in pharmaceutical and nutritional preparations. The Specialty Chemicals segment provides various chemicals used in plastics, surface coatings, textiles, fuels, and lubricants; organic intermediates used in the production of agrochemicals; and dye and pigment intermediates used in the color-producing industries, such as textiles, inks, paper, and coatings.
*Company profiles were sourced from Finviz. 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.