The insurance company reported earlier this month fourth-quarter earnings of $724 million, or $1.43 a share, up from year-ago earnings of $296 million, or 50 cents."We learned that Esurance was primarily a non-standard auto writer, which makes sense given that its average annual premium base is roughly $1,200, a good deal higher than the average in the U.S.," Credit Suisse analysts wrote in a Feb. 13 report. "Therefore, Allstate will focus on capitalizing on Esurance brand awareness (with the added branding that Esurance is now owned by Allstate) and repositioning its marketing focus towards 'standard' drivers that are self directed (e.g. Geico and Progressive's customer base)." Forward Annual Dividend Yield: 2.8% Rated "B (Buy)" at TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the prior year. In the fourth quarter, stockholders' net worth decreased 1.79% from the previous year. TheStreet Ratings' price target is $36.49. The stock closed Tuesday at $31.51 and has risen 14.96% year to date.
Nike The athletic-wear retailer is scheduled to report third-quarter results on March 22. Analysts, on average, anticipate earnings of $1.16 a share on revenue of $5.8 billion. "Nike's Apparel outlook continues to be supported by the European Soccer Championships and Olympics as Nike will likely use the global exposure to commercialize their new uniform/apparel innovations," Bank of America Merrill Lynch analysts wrote in a report Monday. "In the US, the football category should also grow supported by Nike's new licensee agreement with the NFL for on-field apparel (outbid Reebok who previously held license) that begins shipping in April. Nike will also be leveraging their Pro Combat, compression, lightweight and moisture wicking technology from their Apparel into the uniforms, which we believe could significantly improve NFL licensed apparel trends benefitting both Nike and the Athletic Retailers." Forward Annual Dividend Yield: 1.4% Rated "A+ (Buy)" by TheStreet Ratings: The company's second-quarter gross profit margin decreased from the previous year. Nike has strong liquidity. Its Quick Ratio is 1.82, which shows the company can meet its short-term cash needs. In the second quarter, stockholders' net worth decreased 1.06% from the previous year. TheStreet Ratings' price target is $122.59. The stock closed Tuesday at $107.43 and has risen 11.48% year to date.