This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TSC Ratings' Updates: Buckeye

The following ratings changes were generated on Monday, Jan. 26.

We've upgraded Buckeye Partners (BPL - Get Report), which engages in the transportation, terminalling and storage of refined petroleum products for integrated oil companies, from hold to buy, driven by its robust revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

Revenue leaped by 294.9% since the same quarter a year ago, and EPS improved by 11.3%. The company has demonstrated a pattern of positive earnings per share growth over the past two years, and we feel that this trend should continue. Net income is up 28.1% compared with the year-ago quarter, rising from #36.4 million to $46.6 million. Net operating cash flow increased by 109.2% to $71.2 million. Return on equity has improved slightly, outperforming the S&P 500 but underperforming the oil, gas and consumable fuels industry.

We've upgraded public utility company CenterPoint Energy (CNP - Get Report) from hold to buy, driven by its compelling growth in net income, robust revenue growth, notable return on equity, impressive record of earnings per share growth and relatively strong performance when compared with the S&P 500 during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

Net income rose 49.5% compared with the same quarter a year ago, from $91 million to $136 million. Revenue rose by 33.6%, and ROE improved slightly. EPS are up 44.4% in the most recent quarter compared with the same quarter last year. This company has reported somewhat volatile earnings recently, but we feel it is poised for EPS growth in the coming year.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BPL $70.79 -0.49%
BUSE $20.82 -0.53%
CNP $21.44 -1.20%
EHTH $12.18 1.50%
NTCT $22.02 -1.92%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs