3 Ex-Dividend Stocks With Buy Ratings

NEW YORK ( TheStreet) -- The following stocks go ex-dividend Thursday, meaning an investor must purchase the shares Wednesday to qualify for the next dividend payment: Graco ( GGG), EOG Resources ( EOG) and Werner Enterprises ( WERN).

Each of the stocks received a buy rating from TheStreet Ratings.

Graco

The fluid equipment maker is scheduled to report first-quarter earnings on April 24. Analysts, on average, anticipate earnings of 61 cents a share on revenue of $235.59 million.

"Graco Inc. (GGG-NYSE) announced that it has reached an agreement with the Federal Trade Commission that will allow it to close its previously halted acquisition of ITW's Finishing Businesses (FB), with the closing date currently scheduled for April 2, 2012," KeyBanc Capital Markets analysts wrote in a March 27 report. "Under the agreement, GGG is allowed to integrate the Gema Powder Finishing business (which has cleared the FTC review process) into its operating structure, but must hold the Liquid Finishing assets (i.e., Binks, DeVilbiss, Ransburg and BGK) as a separate entity while the FTC reviews the Company's settlement proposal. The terms of GGG's settlement proposal were not disclosed. After the deal is finalized on April 2, ITW's Liquid Finishing businesses will be wholly-owned by GGG but will operate independently under existing management subject to supervision of a trustee who will report directly to the FTC. Following the completion of its review, the FTC will then make a final decision that will identify the liquid finishing products, businesses and/or assets that GGG will be required to divest within 180 days of notice."

Forward Annual Dividend Yield: 1.7%

Rated "A- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was about the same as it was the previous year.

Graco is very liquid. Its Quick Ratio is 3.46, which shows the company can meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 22.19% from the prior year.

TheStreet Ratings' price target is $62.57.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

EOG Resources

"While solid 2H11 production trends and well performance saw EOG raise FY12liquids production guidance to 30% (from 27%) at 4Q results, a number of factors confused the street," Deutsche Bank analysts wrote in a March 30 report. "Namely: flat 1H12 liquids guidance and the decision to sell liquids volumes (~3 mboepd) to support the funding gap. We have revised our per play model to reflect year end disclosure and the 2012 development plan. Our work suggests that net of asset sales and assuming 25% declines in 'other' liquids production (non- Eagle Ford, Combo, Bakken) still implies ~40% liquids growth in 2012e. Guidance is still conservative as it implies closer to ~50% declines from 'other' liquids."

Forward Annual Dividend Yield: 0.6%

Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the previous year.

EOG Resources has weak liquidity. Its Quick Ratio is 0.83, which demonstrates a lack of ability to meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 23.54% from the prior year.

TheStreet Ratings' price target is $126.61.


Werner Enterprises

"We continue to favor names levered to the capex cycle, although WERN is becoming intriguing on a relative basis given (1) its historically high-end discount to the group (16% currently vs. 6% historically), and (2) the opportunity for further margin improvement," Jefferies analysts wrote in a March 6 report.

Forward Annual Dividend Yield: 0.8%

Rated "A (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was basically the same as it was the previous year.

Werner Enterprises has average liquidity. Its Quick Ratio is 1.23, which shows the company can technically meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 8.39% from the prior year.

TheStreet Ratings' price target is $28.69.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

More from Investing

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

McDonald's Criticized for Not Doing More in Wake of Sexual Harassment Claims

McDonald's Criticized for Not Doing More in Wake of Sexual Harassment Claims

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%