3 Ex-Dividend Stocks With Buy Ratings
NEW YORK (
) -- The following stocks go ex-dividend Tuesday, meaning with the Presidents' Day holiday on Monday an investor must purchase the shares Friday to qualify for the next dividend payment:
Applied Materials
(AMAT) - Get Report
,
Columbia Sportswear
(COLM) - Get Report
and
Mattel
(MAT) - Get Report
.
Each of the stocks gets a buy rating from
TheStreet Ratings
.
See the complete
.
|
Applied Materials
The maker of semiconductor capital equipment reported Thursday first-quarter non-GAAP earnings of $117 million, or 18 cents a share, above analysts' expectations of 12 cents a share.
"We expect shares to trade in line with industry average P/E as we expect earnings growth over the next 3 years to be in line with industry average earnings growth," Deutsche Bank analysts wrote in a report Thursday. "Upside risks include stronger than expected share gains and a stronger industry upturn resulting in higher P/E multiples. Downside risks include sharper than expected decline in the solar business and a more pronounced downturn in foundry/DRAM segments."
Forward Annual Dividend Yield:
2.5%
Rated "B (Buy)" by TheStreet Ratings:
The company's fourth-quarter gross profit margin decreased from the prior year.
Applied Materials is extremely liquid. Its Quick Ratio is 2.78, which shows the company can meet its short-term cash needs.
In the fourth quarter, stockholders' net worth increased 16.77% from the previous year.
TheStreet Ratings'
price target is
. The stock closed Thursday at $13.21 and has increased 23.34% year to date.
Columbia Sportswear
The outdoor apparel company reported earlier this month fourth-quarter earnings of $36.7 million, or $1.08 a share, an increase from year-ago earnings of $26.2 million, or 77 cents.
"We now expect significant operating margin deleverage in 1H12 as a result of SGA expansion as a % of sales and continued GM pressure related to higher input costs, greater close-out product sales, and FX headwinds, which should be offset in the backhalf of 2012 by modest GM expansion and significant SGA leverage (with y/y $ down in 2H12) with the implementation of cost containment measuresto control spending," Bank of America Merrill Lynch analysts said in a Feb. 3 report. "Given the more muted 2012 sales and margin outlook, we are lowering our F2012E EPS to $3.10 (from $3.35)."
Forward Annual Dividend Yield:
1.8%
Rated "B- (Buy)" by TheStreet Ratings:
The company's fourth-quarter gross profit margin was about flat with a year earlier.
Columbia Sportswear is extremely liquid. Its Quick Ratio is 2.23, which shows the company can meet its short-term cash needs.
In the fourth quarter, stockholders' net worth increased 7.24% from the prior year.
TheStreet Ratings'
price target is
. The stock closed Thursday at $49.91 and has risen 7.18% year to date.
Mattel
The toy company announced earlier this month it completed the acquisition of HIT Entertainment, the producer of TV show
Thomas the Tank Engine
.
"Management believes that HIT's product lines, including Thomas and Friends, are a good introduction to children as young as 1 year old, who will then mature to other MAT products such as Matchbox and Hot Wheels," Sterne Agee analysts wrote in a report Tuesday.
Forward Annual Dividend Yield:
3.8%
Rated "A+ (Buy)" by TheStreet Ratings:
The company's fourth-quarter gross profit margin remained about the same as it was last year.
Mattel is extremely liquid. Its Quick Ratio is 2.52, which shows the company can meet its short-term cash needs.
In the fourth quarter, stockholders' net worth was about the same as it was a year ago.
TheStreet Ratings'
price target is
. The stock closed Thursday at $32.59 and has increased 17.4% year to date.
Find out which stocks have the
.
-- Written by Alexandra Zendrian
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