Top mid-cap consumer stocks to watch on Wall Street

Follow us on Google News:
 Top mid-cap consumer stocks to watch on Wall Street
Image source: MONOPOLY919,Shutterstock

Summary

  • Dillard (NYSE: DDS) has a P/E ratio of 16.44; its stock rose 195.45% year-to-date.
  • Exponent Inc. (NASDAQ: EXPO) has a P/E ratio of 58.29; the stock was trading at US$95.58 at 11:27 am ET.
  • Albertsons Companies (NYSE: ACI) has a P/E ratio of 15.45 and a dividend yield of 1.98%.

Consumer stocks are companies that provide consumer products and services, which include staples and non-essential or discretionary. Thus, consumer stocks can be categorized into consumer durables, consumer non-durables, and consumer services.

Here we explore six consumer stocks that have a P/E ratio of more than 10.

Also Read: Lockheed’s net sales are up 5%, Lennox’s revenue jumps 32% in Q2

Albertsons Companies, Inc. (NYSE: ACI) is a retailer of food and drug. ACI provides grocery items, general merchandise, pharmacy, health, beauty products, fuel, and other items & services.

Albertsons has a market capitalization of US$ 9.5 billion and a P/E ratio of 15.45. Its forward P/E is 10.07, and its current dividend yield is 1.98%, with an annualized dividend of US$ 0.40. 

It operated 2,277 stores across 34 states and 400 fuel stations as of February 27, 2021. For the fiscal year ended on February 27, 2021, its revenue was US$ 69.69 billion, and net income was US$ 850 million, reflecting a 12% and 82% increase sequentially, YOY. Its diluted earnings per share diluted were US$ 1.47 compared to US$ 0.80 at the previous fiscal year-end.

The stock price rose 15.47% YTD, and trading at US$ 20.385, up 0.72% at 10:41 am ET as of July 26, 2021. 

Also Read: Six rising EV stocks to watch as industry navigates energy transition

Copyright ©Kalkine Media 2021

Also Read: Guess who these 10 billionaires are with crypto holdings?

Dillard's, Inc. (NYSE: DDS) is a retailer of cosmetics, fashion apparel, etc. Its merchandise includes Gianni Bini, Antonio Melani, Roundtree & Yorke, and many others. 

Its P/E ratio is 16.44, and its current dividend yield is 0.33%, with an annualized dividend of US$ 0.60. Dillard’s market capitalization is US$ 3.95 billion. 

Its total revenue for the quarter ended May 1, 2021, was US$ 1.36 billion, and net income was US$ 158 million compared to the revenue of US$ 822 million and a net loss of US$ 162 million in the same quarter previous year. Dillard’s earnings per share diluted was US$ 7.25 against net loss per share diluted of US$ 6.94 in the May quarter of 2020. 

The stock rose 195.45% YTD and trading at US$ 187.38, up 2.81% at 11:07 am ET as of July 26, 2021.

Also Read: 10 cheap pharma stocks to explore as pandemic weakens

Exponent, Inc. (NASDAQ: EXPO) is an engineering and scientific consulting company that provides solutions to problems on a project basis. Its two segments are engineering & scientific consultation and environmental & health consultation.

It has a market cap of US$4.98 billion and a P/E ratio of 58.29. EXPO’s current dividend yield is 0.84%, and its annualized dividend is US$ 0.80.

Its revenue for the quarter ended April 2, 2021, was US$ 116.48 million, and net income was US$ 30.8 million, reflecting a 10% and 17% increase in revenue and net income, respectively, YOY. The net income per share diluted was US$ 0.58 against US$ 0.49 in the April quarter of 2020.

The company will release its second-quarter results on July 29, 2021. EXPO stock is trading at US$ 95.58, up 0.46% at 11:27 am ET as of July 26, 2021. It gave a 6.26% return YTD.

Also Read: 3 cybersecurity stocks for a safe future

Jack In The Box Inc. (NASDAQ: JACK) operated and franchised some 2,228 quick-service restaurants as of April 11, 2021. The menu includes tacos, burgers, fries, specialty sandwiches, salads, and ice cream shakes with customization.

Its P/E ratio is 16.14, and forward P/E for one year is 16.13. JACK has a market capitalization of US$ 2.46 billion, and the current dividend yield is 1.61%, with an annualized dividend of US$ 1.76.

For the quarter ended April 11, 2021, the company booked revenue of US$ 257 million and net income of US$ 35.9 million compared to revenue of US$ 216 million and net income of US$ 11.5 million for the same quarter of 2020. Its earnings per share diluted was US$ 1.58 against US$ 0.50 in the April quarter previous year.

JACK Inc. will release its third-quarter fiscal 2021 earnings on August 4. 

Its stock rose 19.38% YTD and trading at US$ 110.29, up 0.68% at 11:42 am ET as of July 26, 2021.

Also Read: Staying connected through covid times: 5 social media stocks to watch

Source: Pixabay

Also Read: Can you make a living trading penny stock?

Regal Beloit Corporation (NYSE: RBC) manufactures various electrical devices such as motors and control systems. Its operating segments are Commercial Systems, Industrial Systems, Power Transmission Solutions and Climate Solutions.  

Its market cap is US$5.5 billion, the P/E ratio is 26.19, and the dividend yield is 0.99%. It pays an annual dividend of US$1.32.

In the April quarter, its net sales were up 11% to US$814 million YoY. RBC’s net income was US$ 65.6 million, 43% up YOY. Its earnings per share diluted were US$ 1.60 compared to US$ 1.12 in the same quarter the previous year. 

RBC will release the Q2 earnings report on July 29. Its stock rose 8.57% YTD. It was trading at US$133.51, up 0.48%, at 1:13 pm ET on July 26, 2021.

Also Read: Which are the five best performing cryptos of 2021?

Thor Industries, Inc. (NYSE: THO) manufactures recreational vehicles (RVs) through its subsidiaries. Its market share in the US and Canada was approximately 40% and 48%, respectively. Its European market share for motor caravans and campervans was approximately 23.2% and approximately 16.2% for caravans for the March quarter, 2021.

THOR has a P/E ratio of 11.58 and a dividend yield of 1.43%, with an annualized dividend of US$ 1.64. Its market cap is US$6.3 billion, and a forward P/E for one year is 10.98.

For the quarter ended April 30, 2021, its net sales were US$ 3.46 billion, an 106% increase YoY and net income attributable to the company was US$183 million, reflecting a whopping 662% growth YOY. Its earnings per common share diluted were US$ 3.29 compared to US$ 0.43 in the same quarter of 2020. 

The stock gained 22.70% YTD and is trading at US$ 114.02, down 0.58% at 1:41 pm ET as of July 26, 2021.  

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.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Featured Articles