4. Yucheng Technologies (YTEC) provides information technology services and solutions to the banking sector in China.
For 2010 fourth quarter, analysts polled by Bloomberg expect the company to report earnings of 10 cents per share, as opposed to a loss of 28 cents and earnings of 8 cents reported in the year-ago and quarter-ago periods. For the full year, analysts expect the company to report earnings per share of 23 cents for 2010, 31 cents for 2011 and 42 cents for 2012, a significant improvement from earnings of 21 cents per share for 2009.
The stock will likely provide an upside of 49% over the next 12 months with a consensus target price of $5.7, according to analysts polled by Bloomberg. In comparison, Longtop Financial Technologies (LFT), VanceInfo Tech (VIT), Camelot Information Systems (CIS), HiSoft Tech (HSFT) and TNS (TNS) are expected to return around 38%, 12%, -23%, 6% and 35%, respectively.
The stock is currently trading at a forward price-to-earnings multiple of 13.0. All the three analysts covering the stock recommend buying.