Teck, Viacom, Genworth Hit Highs
BOSTON (TheStreet) -- U.S. stocks dropped Wednesday as unemployment numbers missed expectations. These stocks hit highs.
3. Genworth Financial
(GNW) - Get Report
jumped 5.1% to $18.34, recording a high of $18.70.
Quarter
: Genworth swung to a fourth-quarter profit of $40 million, or 8 cents a share, from a loss of $321 million, or 74 cents, a year earlier. Revenue dropped 7.6%. The operating margin expanded to 7.7%. Genworth has $9 billion of cash and $8 billion of debt.
Stock
: Genworth has risen ninefold during the past year, outperforming U.S. indices. The stock trades at a price-to-projected-earnings ratio of 9.5 and a price-to-book ratio of 0.7, 19% and 39% discounts to industry averages. It's also cheap based on cash flow.
Consensus
: Of analysts covering Genworth, five recommend purchasing its shares, 11 advise holding and two suggest selling them.
Northland Securities
offers a price target of $19, suggesting potential for a 3% gain. Based on targets, there is limited upside.
2. Viacom
(VIA) - Get Report
climbed 1.5% to $36.68, hitting a high of $37.25.
Quarter
: Fourth-quarter profit quadrupled to $694 million, or $1.14, as revenue declined 3.4% to $4.1 billion. The operating margin extended from 22% to 28%. Viacom has $298 million of cash and $6.8 billion of debt, translating to a debt-to-equity ratio of 0.8.
Stock
: Viacom has doubled during the past years, beating major benchmarks. The stock sells for a price-to-projected-earnings ratio of 12 and a price-to-book ratio of 2.5, 34% and 25% discounts to industry averages. It's costly based on cash flow.
Consensus
: Of researchers following Viacom, four rate its stock "buy" and three rate it "hold."
Sanford Bernstein
expects the stock to advance another 6% to $39. The stock has already surpassed lower "buy" targets, implying there is limited growth potential.
1. Teck Resources
(TCK)
rose 0.6% to $43.56, achieving a high of $44.24.
Quarter
: Teck swung to a fourth-quarter profit of $411 million, or 70 cents, from a loss of $607 million, or $1.27, a year earlier. Revenue increased 35%. The operating margin rose to 32%.Teck holds $1.4 billion of cash and $8 billion of debt.
Stock
: Teck has risen sevenfold in the past year, outpacing U.S. indices. The stock trades at a price-to-book ratio of 1.8 and a price-to-sales ratio of 3.3, 59% and 62% discounts to industry averages. It's also cheap based on cash flow and trailing earnings.
Consensus
: Of firms rating Teck, 16, or 80%, advocate purchasing its shares and four say to hold.
Bank of America
(BAC) - Get Report
predicts the stock to advance 35% to $59.
JPMorgan
(JPM) - Get Report
and
UBS
(UBS) - Get Report
expect the shares to outperform.
View Stockpickr's Daily 52-Week Highs Portfolio
-- Reported by Jake Lynch in Boston.