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

Emerging-Market ADRs Recover

3. Zhongpin (HOGS) is mainly engaged in the meat and food processing and distribution business in China. HOGS sells its products to wholesalers, retailers and processing factories. Its products include 390 meat products, including chilled pork, frozen pork and prepared meats, and over 35 vegetable and fruit products. The stock leaped 5.1% last week.

During the past week, the company recorded a growth of 70% in its second quarter 2011 revenues to $366.5 million from the year ago quarter. Net income soared 56% to $19.3 million from $12.4 million in the second quarter of 2010. Diluted earnings per share increased by 37% to 48 cents.

For 2011, the company raises its guidance range for its sales to $1.33-$1.37 billion compare to the previous range of $1.18-$1.23 billion. Also, diluted earnings per share are seen in the range of $1.80 to $2.05 as compared to the previous range of $1.89 - $2.18 per share. Gross profit margin is expected to be within the range of 11.2% to 11.8%, while net profit margin is expected to be within the range of 5.2% to 5.8%.

Of the nine analysts covering the stock, 78% recommend a hold while the rest rate a buy on it. There are no sell ratings on the stock. Analysts polled by Bloomberg project 96% upside to $18.25 in value from current levels.
4 of 6

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
CSKI $0.06 -75.00%
IGTE $48.00 0.65%
CAAS $4.36 0.00%
CTSH $58.37 0.00%
PTI $9.04 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs