NEW YORK ( TheStreet) -- The following stocks go ex-dividend Tuesday, meaning an investor must purchase the shares Monday to qualify for the next dividend payment: Adtran ( ADTN), Aptargroup ( ATR), H.B. Fuller ( FUL) and Government Properties Income Trust ( GOV). Each of the stocks received a buy rating from TheStreet Ratings.
Adtran The networking equipment maker reported on April 10 first-quarter earnings of $13 million, or 20 cents a share, down from year-earlier earnings of $34.3 million, or 52 cents. "We view ADTN as an indirect play on global network traffic on wired and wireless networks," ThinkEquity analysts wrote in an April 16 report. "Our $31 price target is based on 15.1x our updated FY13 EPS estimate of $2.05. We find the stock fairly valued in the low-to-mid $30s and would see support in the high $20s or 10x our new CY13E plus $8.00 in net cash." Forward Annual Dividend Yield: 1.2% Rated "B (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin decreased from the previous year. Adtran is very liquid. Its Quick Ratio is 3.93, which shows the company can meet its short-term cash needs. In the first quarter, stockholders' net worth increased 11.15% from the prior year. TheStreet Ratings' price target is $35.40.
H.B. Fuller The specialty chemical products company reported on March 28 first-quarter earnings of $15.3 million, or 30 cents a share, up from year-earlier earnings of $14.4 million, or 29 cents. "Overall, we believe multiple expansion should unfold as strategic growth and cost savings initiatives continue to gain traction helping transform H.B. Fuller Company (FUL-NYSE) into a highly profitable adhesives company with solid earnings potential in FY12E and beyond," KeyBanc Capital Markets analysts wrote in an April 2 report. "We view accelerating volume growth, positive accretion from the FORBO acquisition and potential upside from cost synergies unfolding faster than expected in FY12 as positive catalysts for the stock." Forward Annual Dividend Yield: 1.1% Rated "A+ (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin increased from the previous year. H.B. Fuller has average liquidity. Its Quick Ratio is 1.46, which shows the company can technically meet its short-term cash needs. In the first quarter, stockholders' net worth increased 9.43% from the prior year. TheStreet Ratings' price target is $41.24.