TSC Ratings' Updates: Beckman Coulter
TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
The following ratings changes were generated on Monday, June 1.
We've upgraded Beckman Coulter (BEC) from hold to buy, driven by its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Net operating cash flow increased by 71.6% to $105.7 million compared with the year-ago quarter, and gross profit margin increased to 55.9%. Net profit margin, however, of 3% trails the industry average. Earnings per share declined by 49.2% in the most-recent quarter compared with the year-ago quarter, though we anticipate the company's yearlong pattern of declining EPS to reverse in the coming year. Revenue dropped by 5.3% compared with the same quarter last year. The debt-to-equity ratio of 0.6, though low, is above the industry average, and the quick ratio of 1.3 is sturdy.We've upgraded BOK Financial (BOKF) from hold to buy, driven by its expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. BOK's gross profit margin of 69.7% has increased from the same quarter last year. Revenue fell 9.7%, and EPS declined by 11.9%, though we anticipate the company's yearlong trend of declining EPS to reverse over the coming year. Net income fell 11.6% compared with the year-ago quarter, from $62.3 million to %55 million. Return on equity decreased from the year-go quarter, implying a minor weakness in the organization.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV