Equity Lifestyle Properties (ELS) Highlighted As Strong And Under The Radar Stock Of The Day - TheStreet

Trade-Ideas LLC identified

Equity Lifestyle Properties

(

ELS

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Equity Lifestyle Properties as such a stock due to the following factors:

  • ELS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $24.0 million.
  • ELS has traded 3.28359999999999985220711096189916133880615234375 options contracts today.
  • ELS is making at least a new 3-day high.
  • ELS has a PE ratio of 42.
  • ELS is mentioned 0.94 times per day on StockTwits.
  • ELS has not yet been mentioned on StockTwits today.
  • ELS is currently in the upper 20% of its 1-year range.
  • ELS is in the upper 35% of its 20-day range.
  • ELS is in the upper 45% of its 5-day range.
  • ELS is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ELS with the Ticky from Trade-Ideas. See the FREE profile for ELS NOW at Trade-Ideas

More details on ELS:

Equity LifeStyle Properties, Inc. is a publicly owned real estate investment trust (REIT). The firm engages in the ownership and operation of lifestyle oriented properties. The stock currently has a dividend yield of 2.4%. ELS has a PE ratio of 42. Currently there are 2 analysts that rate Equity Lifestyle Properties a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Equity Lifestyle Properties has been 395,800 shares per day over the past 30 days. Equity Lifestyle has a market cap of $5.2 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.34 and a short float of 1.5% with 2.14 days to cover. Shares are up 19.8% year-to-date as of the close of trading on Wednesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Equity Lifestyle Properties as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from the ratings report include:

  • Powered by its strong earnings growth of 38.70% and other important driving factors, this stock has surged by 27.66% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, ELS should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • EQUITY LIFESTYLE PROPERTIES has improved earnings per share by 38.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, EQUITY LIFESTYLE PROPERTIES increased its bottom line by earning $1.42 versus $0.75 in the prior year. This year, the market expects an improvement in earnings ($1.62 versus $1.42).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 38.9% when compared to the same quarter one year prior, rising from $28.06 million to $38.97 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 6.1%. Since the same quarter one year prior, revenues slightly increased by 5.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Net operating cash flow has increased to $77.27 million or 15.45% when compared to the same quarter last year. In addition, EQUITY LIFESTYLE PROPERTIES has also modestly surpassed the industry average cash flow growth rate of 9.44%.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.