3 Ex-Dividend Stocks With Buy Ratings
NEW YORK (
) -- The following stocks go ex-dividend Tuesday, meaning an investor must purchase the shares Monday to qualify for the next dividend payment:
H.B. Fuller
(FUL) - Get Report
,
Sensient Technologies
(SXT) - Get Report
and
Wintrust Financial
(WTFC) - Get Report
.
The three stocks received buy ratings from
TheStreet Ratings
.
|
H.B. Fuller
The chemical manufacturer reported last month fourth-quarter earnings of $26.4 million, or 53 cents a share, an increase from $21.9 million, or 44 cents a share, in the fourth quarter of 2010.
H.B. Fuller also announced that it would acquire
Forbo's
industrial adhesive business in December. Of the acquisition, Deutsche Bank analysts wrote in a Jan. 20 report that, "Our analysis shows Forbo to be highly accretive, adding $0.30-$0.40 in Year 2 (~'13), and most importantly, creating value (ROIC > WACC} in Year 3 (ROIC: 11.1%; WACC: 10%). However, with demand in core N. American andEuropean markets tepid, housing/construction demand unlikely to recovermeaningfully in '12 and Fuller's '12 guidance based on EUR/USD of $1.38 (vs 1.29today, implying $0.04 downside to guidance), we see limited ability for Fuller toexceed its guidance in '12."
Forward Annual Dividend Yield:
1%
Rated "A+ (Buy)" by TheStreet Ratings:
The company's fourth-quarter gross profit margin was basically the same from a year ago.
TheStreet Ratings'
price target is
. The stock closed Friday at $29.97.
Sensient Technologies
The fragrances company is scheduled to report fourth-quarter earnings on Tuesday. Analysts, on average, anticipate earnings of 56 cents a share on revenue of $352.6 million.
Forward Annual Dividend Yield:
2.1%
Rated "A+ (Buy)" by TheStreet Ratings:
The company's third-quarter gross profit margin was about the same as it was a year ago.
Sensient has average liquidity. Its Quick Ratio is 1.16, which means the company can technically meet its short-term cash needs.
In the third quarter, stockholders' net worth increased 6.99% from the previous year.
TheStreet Ratings'
price target is
. The stock closed Friday at $40.92.
Wintrust Financial
The bank reported last month fourth-quarter earnings of $19.2 million, or 41 cents a share, a swing from a year-earlier loss of 6 cents a 6 cents a share after the payment of higher preferred dividends.
"Beyond a general rise in the sector, WTFC's valuation will have a hard time moving higher until a material lift in ROA seems sustainable, in our judgment," Sterne Agee analysts wrote in a Jan. 23 report. "Income oriented investors may want to consider WTFC's tangible equity units, which are trading for a slight discount to the conversion and boast a current yield of ~7.5%."
Forward Annual Dividend Yield:
0.6%
Rated "B- (Buy)" by TheStreet Ratings:
The company's fourth-uarter gross profit margin increased from the prior year.
In the fourth quarter, stockholders' net worth increased 7.44% from the previous year.
TheStreet Ratings'
price target is
. The stock closed Friday at $31.95.
-- Written by Alexandra Zendrian
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