5 US stocks to explore over the Labor Day weekend: NSP to MTR

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5 US stocks to explore over the Labor Day weekend: NSP to MTR

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 5 US stocks to explore over the Labor Day weekend: NSP to MTR
Image source: © Solarseven | Megapixl.com

Highlights:

  • Marriott International (NASDAQ: MAR) pays a dividend of US$ 0.30.
  • Insperity, Inc. has a market cap of US$ 4.2 billion.
  • Sensus Healthcare, Inc. reported a Q2 2022 revenue growth of 124 per cent. 

The US observes Labor Day on the first Monday of September, and it is a holiday for the stock market. Traditionally, shares rally ahead of the long weekends, on Friday. Hence, it will be interesting to see how Wall Street behaves. Major stocks have suffered their steepest decline in 2022, as the economy is slowing down and inflation is surging red hot this year.

Amid, we look at stocks like Marriott International (NASDAQ: MAR), Insperity Inc. (NYSE: NSP), Sensus Healthcare, Inc. (NASDAQ: SRTS), etc., and see if they are worth exploring during the Labor Day weekend.

Here are five stocks curated by Kalkine Media® and see their performances:

Marriott International (NASDAQ: MAR)

Bethesda, Maryland-based Marriott International, Inc. is a US multinational enterprise that operates franchises and licenses hotels, residential, and timeshare properties. The MAR stock has a market valuation of US$ 49.96 billion.

It paid a quarterly dividend of US$ 0.3, next payable on September 30, 2022. Marriott’s P/E (price-to-earnings) ratio is 29.1, and the share price of Marriott International declined over six per cent year-to-date (YTD). On a year-over-year basis, its price rose over 13 per cent.

The MAR stock reached its peak price in 52 weeks of US$ 195.9 on April 21, 2022. It hit bottom at US$ 131.01 on June 23, 2022. The MAR stock had a Relative Strength Index (RSI) value of 43.65 as of September 2, 2022.

Marriott International resumes share repurchases amid robust second quarter 2022 earnings results.

Marriott posted a second-quarter diluted EPS of US$ 2.06, whereas it was US$ 1.28 in the year-ago quarter. The Q2 2022 adjusted EPS was US$ 1.8 compared to US$ 0.79 in Q2 2021. It registered a Q2 2022 net income of US$ 678 million versus a net income of US$ 422 million in the same period a year ago.

The company also said it repurchased 1.9 million shares in the second quarter of fiscal 2022 for US$ 300 million.

Insperity Inc. (NYSE: NSP)

Insperity, Inc. is a US professional employer based in Kingwood, Houston. Insperity provides HR and administrative services catering to small and mid-sized businesses. Some of its services include payroll and employment administration, performance management, employee benefits, training, development, etc.

The US$ 4.2 billion market cap company, Insperity, earns its entire revenue from the United States. It announced a quarterly dividend of US$ 0.52, next payable on September 23, 2022.

The NSP stock has a P/E ratio of 30.22; over the past six months, NSP stock increased by close to 20 per cent.

It closed at US$ 109.38, up 0.33 per cent on September 1, 2022, with a volume of 133,780.

Insperity achieved a net income of US$ 33.6 million in Q2 2022, and its diluted EPS was US$ 0.87. The Q2 2022 adjusted EBITDA for Insperity was up by 25 per cent to US$ 75 million.

Huadi International Group Co., Ltd. (NASDAQ: HUDI) revenue and net income (US$)Source: ©Kalkine Media®; © Canva via Canva.com

Huadi International Group Co., Ltd. (NASDAQ: HUDI)

Huadi International manufactures industrial pipes and tube products used in oil & gas transmission, food processing, chemistry engineering, medical devices, aeronautics, automobile, and naval architecture, among other industries.

It’s a US$ 252.7 million market cap company, and the HUDI stock rose 0.48 per cent in the last six months. On a YoY basis, its shares increased by over 334 per cent.

It touched the 52-week high price of US$ 35.7 on November 3, 2021, while it fell to its 52-week lowest price of US$ 2.95 on October 7, 2021.

For the fiscal year 2021, Huadi International reported revenue of US$ 70. 25 million, compared to US$ 59.14 million in the previous year. It posted a 2021 fiscal year gross profit of US$ 11.32 million compared to US$ 10.66 million in 2020.  The company’s operating income was US$ 2.58 million versus US$ 4.61 million for the previous fiscal year.

Mesa Royalty Trust (NYSE: MTR)

Mesa Royalty Trust retains net-ridden royalty interests in a slew of oil and gas properties spanning the Hugoton field of Kansas, San Juan Basin Field of Colorado, and San Juan Basin field of New Mexico.

The US$ 29.2 million firm paid a monthly dividend of US$ 0.293 per share. The MTR stock surged over 170 per cent YTD. Even on a year-over-year basis, it jumped over 168 per cent. It peaked at its 52-week highest price of US$ 28 on May 27, 2022.

The RSI value of the stock was 55.37, as per Refinitiv, pointing towards a stable stock market condition.

In the trust income distribution for August 2022, Mesa Royalty will pay US$ 0.29 per unit to unitholders of record on August 31, 2022. It is payable on October 31, 2022.

Sensus Healthcare, Inc. (NASDAQ: SRTS)

Sensus Healthcare Inc deals in manufacturing a superficial radiotherapy system. Its product ranges include SRT-100, SRT-100 vision, and a sentinel service program. Its revenue is generated entirely in the US.

The SRTS stock saw an increase of 16.22 per cent over the last six months. On a yearly basis, the stock gained over 236 per cent.

Sensus reported revenue growth of 124 per cent in the second quarter of fiscal 2022.  In Q2 2022, the company posted a revenue of US$ 12.1 million, compared to US$ 5.4 million in the year-ago period.

The net income for Sensus in Q2 2022 was US$ 3.5 million, or US$ 0.21 per diluted share.

Bottom line:

Investing during a market downturn and volatility requires much analysis to avoid losses. Investors should look at fundamentals before picking any stock. It is a long-term strategy that steers investors from a bearish market toward profitability.

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