New Lifetime High Reached By Rockwell Collins (COL)
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Rockwell Collins as such a stock due to the following factors:
- COL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $96.0 million.
- COL has traded 2,616 shares today.
- COL is trading at a new lifetime high.
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More details on COL:
Rockwell Collins, Inc. designs, produces, and supports communications and aviation systems for commercial and military customers worldwide. The company operates through three segments: Commercial Systems, Government Systems, and Information Management Services. The stock currently has a dividend yield of 1.2%. COL has a PE ratio of 20.1. Currently there are 12 analysts that rate Rockwell Collins a buy, no analysts rate it a sell, and 3 rate it a hold.
The average volume for Rockwell Collins has been 918,600 shares per day over the past 30 days. Rockwell Collins has a market cap of $12.7 billion and is part of the industrial goods sector and aerospace/defense industry. The stock has a beta of 0.85 and a short float of 3% with 3.58 days to cover. Shares are up 13.8% year-to-date as of the close of trading on Thursday.
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Analysis:
rates Rockwell Collins as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 0.4%. Since the same quarter one year prior, revenues rose by 16.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Aerospace & Defense industry average. The net income increased by 27.5% when compared to the same quarter one year prior, rising from $131.00 million to $167.00 million.
- ROCKWELL COLLINS INC has improved earnings per share by 28.6% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, ROCKWELL COLLINS INC reported lower earnings of $4.52 versus $4.57 in the prior year. This year, the market expects an improvement in earnings ($5.23 versus $4.52).
- 39.80% is the gross profit margin for ROCKWELL COLLINS INC which we consider to be strong. Regardless of COL's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, COL's net profit margin of 13.62% compares favorably to the industry average.
- You can view the full Rockwell Collins Ratings Report.
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