Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Trade-Ideas LLC identified Pall Corporation ( PLL) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Pall Corporation as such a stock due to the following factors:
- PLL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $40.9 million.
- PLL has traded 537,728 shares today.
- PLL is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in PLL with the Ticky from Trade-Ideas. See the FREE profile for PLL NOW at Trade-Ideas More details on PLL: Pall Corporation manufactures and markets filtration, separation, and purification products and integrated systems solutions worldwide. It operates in two segments, Life Sciences and Industrial. The stock currently has a dividend yield of 1.4%. PLL has a PE ratio of 27.9. Currently there are 3 analysts that rate Pall Corporation a buy, no analysts rate it a sell, and 7 rate it a hold. The average volume for Pall Corporation has been 498,300 shares per day over the past 30 days. Shares are up 33.6% year to date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Pall Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Highlights from the ratings report include:
- PALL CORP has improved earnings per share by 18.8% 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 year. We feel that this trend should continue. During the past fiscal year, PALL CORP increased its bottom line by earning $2.88 versus $2.38 in the prior year. This year, the market expects an improvement in earnings ($3.40 versus $2.88).
- The current debt-to-equity ratio, 0.35, is low and is below the industry average, implying that there has been successful management of debt levels. To add to this, PLL has a quick ratio of 2.14, which demonstrates the ability of the company to cover short-term liquidity needs.
- The gross profit margin for PALL CORP is rather high; currently it is at 55.20%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 11.94% is above that of the industry average.
- Net operating cash flow has increased to $177.57 million or 19.63% when compared to the same quarter last year. Despite an increase in cash flow of 19.63%, PALL CORP is still growing at a significantly lower rate than the industry average of 93.49%.
- Compared to where it was 12 months ago, this stock has enjoyed a nice rise of 27.92% which was in line with the performance of the S&P 500 Index. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
- You can view the full Pall Corporation Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.