Brookfield Asset Management The asset management company reported on Feb. 17 fourth-quarter earnings of $588 million, or 86 cents a share, down from year-earlier earnings of $1.1 billion, or $1.80 a share. "BAM's recent liquidity raising activities look similar to past periods ahead of larger transactional activity," JPMorgan analysts wrote in an April 19 report. "We look forward to some near-term catalysts, including: ongoing third party capital fund raising; fund redeployment; and, eventually an expanded Brookfield Group of companies." Forward Annual Dividend Yield: 1.8% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the previous year. In the fourth quarter, stockholders' net worth increased 30.7% from the prior year. TheStreet Ratings' price target is $37.28.
Carbo Ceramics The ceramic and sand proppants company is scheduled to report first-quarter results on Thursday. Analysts, on average, anticipate earnings of $1.42 a share on revenue of $160.89 million. "One of the advantages Carbo has in its domestic operations is it produces a kaolin-based, light-weight ceramic product (versus a bauxite-based, heavy-weight that is common in China)," Dahlman Rose analysts wrote in a March 29 report. "The lighter weight product has more volume per pound and can be used in slick water fracture jobs, which are now lower cost due to significant inflation in guar that is used in cross-linked systems. While some have indicated Guar inflation could hinder the use of ceramics, we believe guar inflation could actually benefit light weigh ceramic producers. We recently spoke to a supply chain manager for a North American company that has over two dozen fleets; he indicated coarse white sand prices have increased roughly 10% over the last few months and other sand meshes, resin-coated sand, and ceramic pricing has been flat." Forward Annual Dividend Yield: 1.1% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the previous year. Carbo Ceramics has strong facility. Its Quick Ratio is 1.94, which shows the company can meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 20.72% from the prior year. TheStreet Ratings' price target is $116.96.