Riding the success trail: Could these 10 mid-cap stocks go the distance?

By - Team Kalkine Media

Summary

  • UGI Corporation’s (NYSE: UGI) P/E ratio is 10.92, the dividend yield is 3%, and it gave a 31.92% return YTD.
  • Polaris Inc’s (NYSE: PII) P/E ratio is 12.59, and the dividend yield is 1.92%. The stock grew 37.95% YTD.
  • Syneos Health’s (NASDAQ: SYNH) P/E ratio is 47.23. The stock price grew 30.46% YTD.

Mid-cap stocks have a market capitalization of US$2 billion to US$10 billion. The S&P 400 Mid-Cap index gave 17.21% in one year. Mid-caps are new, growth-oriented companies, and they need to be monitored more regularly than the large caps from an investment point of view. The returns are higher, as is the risk.

Here we explore ten stocks that have a P/Book ratio of not more than 7.

UGI Corporation (NYSE: UGI) is a holding company involved in the energy business. Its market capitalization is US$ 9.6 billion, the P/E ratio is 10.92, the dividend yield is 3%, and annualized dividend is US$ 1.38.

The company will release its Q3 results on August 5.

The revenue and net income for the March quarter were US$ 2.6 billion and US$ 489 million with a 16% and 116% increase, respectively YoY. The EPS diluted was US$ 2.33. 

The stock closed at US$ 45.99 on July 30. It gave a 31.92% return YTD.

Also Read: Why are these four pharma stocks drawing investors’ attention?

Source: Pixabay


Also Read: P&G FY’21 result beats estimate; Colgate-Palmolive narrows outlook

Polaris Inc. (NYSE: PII) is an off-road vehicle manufacturer for utility and recreation purposes. Its market capitalization is US$ 7.9 billion, the P/E ratio is 12.59, the dividend yield is 1.92%, and annualized dividend is US$ 2.52.

The revenue and net income for the June quarter were US$ 2.1 billion and US$ 158 million, respectively. It shows a YoY increase of 40% in revenue compared to a net loss of US$ 235.4 million in the year-ago period. The EPS diluted was US$2.52.

The stock grew 37.95% YTD and closed at US$131.07 on July 30, 2021.

Also Read: Trending: Three technology stocks catching the eye today

Syneos Health, Inc. (NASDAQ: SYNH) is a research firm and provides services to biotechnology firms. Its market capitalization is US$ 9.14 billion, and its P/E ratio is 47.23.

It will declare the second-quarter results on August 9.

Its revenue for the March quarter was US$1.2 billion, and net income was US$ 38.7 million. The YOY increase was 4% and 15% in revenue and net income, respectively, with the EPS diluted of US$ 0.37.

The stock price grew 30.46% YTD and closed at US$ 89.67 on July 30.

Also Read: Riding the construction wave: 10 fastest growing infra stocks

AGCO Corporation (NYSE: AGCO) manufactures agricultural equipment. Its brands are Massey Ferguson, Challenger, Fendt, Valtra, and GSI.

The company’s market capitalization is US$ 9.9 billion, the P/E ratio is 13.71, the dividend yield is 0.61%, and annualized dividend is US$ 0.80.

The net sales for the second quarter were US$ 2.9 billion, a 43.5% increase YOY. The reported net income was US$ 3.73 per share, and adjusted net income was US$ 2.88 per share. The net income attributable to the company was US$ 282.8 million, 306% up YoY. 

The stock rose 30.32% YTD and closed at US$ 132.11 on July 30.

Also Read: Mining the Market: Check out these six metal stocks going bullish

AECOM (NYSE: ACM) has a market capitalization of 9 billion and a forward P/E ratio for one year of 22.65. This global provider of design, engineering, management, and construction service has a presence in over 150 countries.

It will release its FY 2021 third-quarter results on August 9.

Its revenue for the March quarter was US$ 3.27 billion, reflecting a 0.61% increase YoY. The net income was US$ 39.36 million against the loss of US$ 86.13 million in the previous year March quarter. EPS diluted was US$ 0.26 compared to US$ net loss per share diluted of US$ 0.54 in a year-ago period.

It recently got an extension of MAMMS III contract with the US Army.

The stock closed at US$ 62.96 on July 30 and gave 25.61% YTD.

Also Read: Five fastest-growing S&P 500 stocks making investors drool

Maximus, Inc. (NYSE: MMS) operates government health programs in the U.S., the U.K., Canada, Australia, and Saudi Arabia.

Its P/E ratio is 20.16, and forward P/e for one year is 20.51. The dividend yield is 1.26%, and market capitalization is US$ 5.4 billion. 

The revenue and net income for the March quarter were US$ 959.28 million and US$ 80.61 million, showing a 17% and 192% increase, respectively YoY. The EPS diluted was US$ 1.29.

It received two contracts from Internal Revenue Service (IRS) for US$ 151 million in July. 

The stock grew 20.56% YTD and closed at US$ 89 on July 30, 2021.

Also Read: Making a Splash: Six advertising stocks that are hard to miss

Belden Inc (NYSE: BDC) provides enterprise solutions and industrial solutions. Its signal transmission products are used by installers, original equipment manufacturers and end-users.

Its market capitalization is US$ 2 billion, and forward P/E for one year is 13.14.

Its Q2 result will come on August 4.

The revenue for Q1 ended April 4 was US$ 536 million, an increase of 16% YOY. The net income was US$ 28.7 million compared to the loss of US$ 11.2 million in Q1 the previous year. The EPS diluted was US$ 0.64.

The stock closed at US$ US$ 49 on July 30 and gave a 16.09% YTD return.

Also Read: A week when central banks meet

Carter's, Inc. (NYSE: CRI) makes apparel for children and babies with the brand names such as Carter's and OshKosh B'gosh. The US$ 4.5 billion markets capitalized company has a P/E ratio of 13.2 and a dividend yield of 1.64% with an annualized dividend of US$ 1.60.

The net sales for the second quarter ended July 3 were US$ 746.4 million, and net income was US$ 71.6 million. It is an increase of 45% in revenue and a 778% increase in net income YoY. The EPD diluted was US$ 1.62.

The stock closed at US$ 97.74 on July 30. It gave a 7.98% return YTD.

Copyright ©Kalkine Media 2021

Also Read: FAANG earnings update: Profit streak continues in June quarter

NetScout Systems, Inc. (NASDAQ: NTCT) provides cybersecurity solutions to government and enterprises. Its market capitalization is US$ 2.13 billion, and its P/E ratio is 84.59, with a forward P/E for one year of 23.97.

The revenue for the first quarter ended June 30, FY 2022, was US$ 190.27 million, 3.5% up YOY. The net loss incurred was US$ 11.34 million, a 35% decrease YoY. The net loss per share diluted was US$ 0.15.

The stock gave 4.81% YTD and closed at US$ 28.76 on July 30, 2021.

Also Read: What is the over 80s Pension?

Flowers Foods, Inc. (NYSE: FLO) produces bakery food in the U.S. and distributes it to supermarkets, convenience stores, and restaurants. Its brands are White wheat, Cobblestone Bread, Nature's Own, Tastykake and Wonder.

It has a market capitalization of US$ 5 billion and a P/E ratio of 21.83 with a forward P/E for one year of 20.67. The dividend yield is 3.57%, and annualized dividend is US$ 0.84.

Its sale for the quarter ended April 24, 2021, was US$ 1.3 billion, a 3.5% decrease from the previous year. The net income was US$ 71.66 million or US$ 0.34 per common share diluted compared to the net loss of US$ 5.77 million or US$ 0.03 per common share diluted in the previous year same quarter.

It will release its Q2 results on August 12.

The stock grew 3.91% YTD and closed at US$ 23.56 on July 30.

Please note: The above constitutes a preliminary view and any interest in stocks/cryptocurrencies should be evaluated further from an investment point of view.

The reference data in this article has been partly sourced from Refinitiv.


Open in the App