This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Amtrust, Rockwell Collins: Ratings Changes 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 total return performance.'s stock-rating model upgraded Amtrust Financial Services (AFSI - Get Report) to "buy."

The numbers: Second-quarter net income increased 2% to $27 million, or 45 cents a share. Revenue grew 5% to $183 million. Its gross margin dropped from 32% to 25% and its operating margin fell from 23% to 20%. Amtrust is adequately capitalized, with $447 million of cash. But a debt-to-equity ratio of 1.2 indicates higher-than-ideal leverage.

The stock: Amtrust has advanced 11% this year, outperforming the Dow Jones Industrial Average, but underperforming the S&P 500 Index. The stock trades at a price-to-earnings ratio of 9, indicating a sizable discount to the market and insurance peers, and offers a 1.9% dividend yield.

The model upgraded racetrack owner Churchill Downs (CHDN - Get Report) to "buy."

The numbers: Second-quarter profit rose 5% to $31 million, or $2.20 a share, as revenue increased marginally to $180 million. Its gross margin fell from 40% to 38% and its operating margin decreased from 28% to 27%. Churchill has a weak liquidity position, evident in its quick ratio of 0.5. But its balance sheet holds minimal debt.

The stock: Churchill Downs has fallen 4% this year, trailing major U.S. indices. The stock trades at a price-to-earnings ratio of 22, which is a slight premium to the market, but equal to gaming peers. The company pays a 1.3% dividend yield.

The model upgraded aerospace and defense company Rockwell Collins (COL - Get Report) to "buy."

The numbers: Fiscal third-quarter net income fell 17% to $145 million, or 91 cents a share. Revenue declined 9% to $1.1 billion. Its gross margin decreased from 33% to 32% and its operating margin slid from 21% to 20%. A quick ratio of 0.8 reflects less-than-ideal liquidity, but a debt-to-equity ratio of 0.4 indicates a sound capital structure.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AFSI $54.34 0.85%
COL $90.20 -0.57%
CHDN $110.00 -0.97%
GVP $1.57 1.95%
UBA $22.88 -0.04%


DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs