Kalkine Media lists NYSE small-cap stocks: Should you explore them?

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Kalkine Media lists NYSE small-cap stocks: Should you explore them?

 Kalkine Media lists NYSE small-cap stocks: Should you explore them?
Image source: © Mohammedsoliman4 | Megapixl.com

Highlights:

  • Genworth Financial has a market cap of US$ 2.07 billion.
  • Big Lots, Inc. (BIG) pays a quarterly dividend of US$ 0.30.
  • Griffon Corporation’s Q3 2022 revenue was US$ 768.2 million. 

Most mega or large-cap companies were once small-cap companies that rose to prominence with time. Hence, investors often explore small-cap stocks as they are generally available at low prices. Some of the small-cap stocks include Genworth Financial Inc (NYSE: GNW), Big Lots, Inc. (NYSE: BIG), Griffon Corporation (NYSE: GFF), etc.

Here, we look at five NYSE-listed small-cap stocks curated by Kalkine Media®:

Genworth Financial Inc (NYSE: GNW)

Genworth Financial is a US diversified insurance company, which has three main business segments-Life insurance, Enact, and Runoff. It offers various financial services like mortgages, fixed & variable annuities, traditional life insurance, etc.

Genworth Financial returned gains of 16.43 per cent quarter-to-date (QTD) while rising 0.48 per cent in the past week.

GNW stock touched the 52-week highest price of US$ 4.61 on November 2, 2021. It hit the bottom price of US$ 3.32 in 52 weeks on September 21, 2021.

Genworth reported a net income of US$ 181 million in the second quarter of 2022. In comparison, its adjusted operating income was US$ 176 Million in Q2 2022.

Big Lots, Inc. (NYSE: BIG)

Big Lots Inc. is another NYSE-listed small-cap company that runs discount retail stores selling various merchandise, including consumables, soft & hard home products, food, consumables, electronics, furniture, etc.

The US$ 630.9 million company operates throughout the US. The BIG stock grew 12.30 per cent QTD, while it rose 14.48 per cent over the past month. It also paid a quarterly dividend of US$ 0.3.

The stock attained its 52-week highest price of US$ 52.09 on November 5, 2021. It went down to US$ 18.16 as the 52-week lowest price on July 27, 2022.

For the quarter that ended On July 30, 2022, Big Lots posted a decline in net sales by 7.6 per cent YoY.

Big Lots’ Q2 2022 net sales were about US$ 1.35 billion, compared to US$ 1.46 billion in the same quarter in 2021. It was triggered by a dip in comparable sales decrease of about 9.2 per cent.

Griffon Corporation (NYSE: GFF)

Griffon Corp is a manufacturer and marketer of residential, commercial, and garage doors and renders its services to professional installing dealers and retail chains. The US$ 1.2 billion company earns its profits mostly from home and building products. Griffon Corp distributes a quarterly dividend of US$ 0.09, next payable on September 15, 2022.

The GFF stock scaled to its 52-week highest price of US$ 34.92 on September 9, 2022, while it dropped to its 52-week lowest price of US$ 16.31 on April 27, 2022.

The stock returned gains of over 30 per cent QTD, while it soared above eight per cent over the past month.

Refinitiv shows that the RSI value was 59.71 of the GFF stock as of September 13, 2022, which indicates a balanced market condition.

Griffon Corp’s revenue in the third quarter was US$ 768.2 million, a 31 per cent increase relative to the prior year’s revenue of US$ 584.2 million.

American Eagle Outfitters (NYSE: AEO)

American Eagle Outfitters is a US apparel company headquartered in Pittsburgh, Pennsylvania. It has stores across the US, Canada, Mexico, and Hong Kong. Most of its revenue is generated by its flagship brand American Eagle, and from the US.

The AEO stock climbed four per cent in the past week, and the RSI value was 42.9 on September 13, 2022, indicating that the stock is currently volatile but not oversold.

In the second quarter of fiscal 2022, American Eagle reported total net revenue of US$ 1.198 billion compared to US$ 1.194 billion in Q2 2021.

Market capitalization of GNW, BIG, GFF, AEO, JXNSource: ©Kalkine Media®; © Canva via

Jackson Financial Inc. (NYSE: JXN)

Jackson Financial provides annuities to help Americans protect their retirement savings and gain financial freedom. Its core businesses include institutional products, retail annuities, and closed life and annuity blocks.

The company paid a quarterly dividend of US$ 0.55 per share. The JXN stock rose by over 26 per cent YTD while gaining over eight per cent over the past month.

JXN stock jumped to its 52-week highest price of US$ 47.76 on January 11, 2022, while skidding to the bottom price of US$ 22.29 on September 15, 2021, in the last 52 weeks.

As per Refinitiv, the RSI value of the JXN stock was 63, which indicates a stable market condition as of September 13, 2022.

The second-quarter 2022 net income of Jackson Financial was US$ 2,903 million. The company said it returned US$ 116 million to shareholders during the second quarter, of which US$ 66 million in share repurchases and US$ 50 million in dividends.

Bottom line:

Investing for the short-term comes with many uncertainties, especially under the current market conditions of volatility and bearish trend. Investors exploring small-cap stocks could formulate a long term strategy to avoid losses.

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