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

10 Technology ADRs With Upside

5. Xyratex (XRTX) provides enterprise-class data storage and network technology.

For the fourth quarter of fiscal 2010 ended Nov. 30, 2010, Xyratex reported earnings of $1.02 per share, compared to earnings of 5 cents per share in the year-ago period. For the full year, the company is likely to report earnings per share of $2.26 for fiscal 2011 and $2.42 for fiscal 2012.

The return-on-equity during the past 12 months has been 47.5%, surpassing competitors. EMC (EMC), NetApp (NTAP), SanDisk (SNDK) and Western Digital (WDC) have ROEs of 7.5%, 18.6%, 26.8% and 35.0%, respectively.

The stock is currently trading at an attractive forward price-to-earnings multiple of 5.5 and EV-to-EBITDA ratio of 3.1.

Of the eight analysts covering the stock, six recommend buying and two rate holding. Analysts polled by Bloomberg expect the stock to gain around 45% over the next 12 months with a consensus target price of $19.3.

7 of 11

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
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!
ASIA $11.99 0.25%
CCIH $14.38 -4.07%
CNIT $5.21 11.80%
CRNT $1.32 -5.71%
OIIM $2.38 -0.42%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs