Thursday, April 22, 2010

Earnings Onslaught Starts

I had three stocks report earnings today. They were all pretty decent, but did not necessarily morph into higher stock prices:

ESI - this was the strange one. I thought it was a blowout. And they increased their guidance. The stock was up 5% pre-open as I drank my latte made with skim milk (InPlay: ITT Educational beats by $0.18, beats on revs; guides FY10 EPS above consensus). But they turned south and dropped about 4.5%. I guess it was something due to regulatory concerns (UPDATE - ITT Educational shares slip on regulatory concerns).

RTN - this is my classic large cap MFI stock, where Mr Market just went "nuts". I don't know why they had dropped all the way to the $45 share price I got. Again, I thought the earnings were superlative (InPlay: Raytheon beats by $0.07, misses on revs; guides FY10 EPS below consensus, revs in-line). They were down 3/4th of a percent.

RAI - the tobacco companies keep making money (Reynolds American's 1Q profit rises). The stock was up 0.65%.

Here are my current stocks and how they have fared (RGR has really been "shooting up" [sorry. couldn't resist]):

TTT 73%
CBI 87%
WILC 181%
SHE 62%
AMED 65%
UEPS 43%
BKE 57%
BR 44%
QCOR 51%
RGR 45%
BIOC 35%
HCKT 28%
CMFO 44%
GTLS 32%
ENDP 37%
RTN 33%
UTA 24%
IDCC 25%
PRSC 18%
GXDX 20%
CBPO 20%
CYTK 24%
UIS 9%
ESI 20%
LIWA 21%
PFE 20%
DNB 11%
ODSY 11%
PRIM 13%
TNDM 9%
QKLS 9%
FRX 17%
RAI 6%
JCOM 5%
WTW 6%
PVSW 5%
NEWN 2%
CEU -1%
KSW 0%
CF -2%
TRMS -2%
CSKI -3%
TSRA -6%
AGX -10%
CHCG -60%
GIGM -39%


Then while I was off-island and stranded by the volcano, AGX announced poor earnings (Argan, Inc. Reports Fourth Quarter and Year End Results). The historical price table shows what has happened:

PRICES

DateOpenHighLowCloseVolumeAdj Close*
Apr 21, 201011.3111.3111.0011.1717,00011.17
Apr 20, 201011.2511.4611.2011.3812,00011.38
Apr 19, 201011.8511.8511.2711.412,50011.41
Apr 16, 201012.2112.2111.8011.8034,20011.80
Apr 15, 201012.6012.6211.4212.1549,40012.15
Apr 14, 201013.0413.0412.6112.7317,60012.73
Apr 13, 201013.1013.2312.9013.082,00013.08
Apr 12, 201013.1513.2513.0913.115,00013.11
Apr 9, 201013.3113.3413.1413.1912,00013.19
Apr 8, 201013.6013.6013.3313.484,10013.48
Apr 7, 201013.6013.6013.4813.577,20013.57
Apr 6, 201013.5413.6413.4513.644,80013.64
Apr 5, 201013.3713.7513.3713.545,70013.54
Apr 1, 201013.3113.3513.0013.2511,10013.25

1 comment:

AndrewsDad said...

Not sure if it is just me but my stocks have been killing the market recently. Was planning on doing a solid review this weekend and had planned on buying WDC shortly but they are up 10% in the last few days. Still may buy it since once you back the cash per share from the price, the PE is still only around 6 based on forward earnings.