BTU International and Crocs Inc. - Zacks #1 Rank Top Performers
April 18 2011 - 8:00PM
Zacks
BTU International (BTUI) was the top performing Zacks #1
Rank (Strong Buy) stock on Tuesday, jumping an impressive 7.9%.
BTU International manufactures thermal processing
systems used in various manufacturing processes primarily in the
electronics and alternative energy industries.
Estimates soared following an excellent Q4 report
in which EPS came in at 24 cents, crushing the Zacks Consensus
Estimate by 12 cents. Net sales were a record $27.4 million, up
127% over the same quarter in 2009.
Its alternative energy segment has been booming due
to strong solar sales.
Analysts are projected strong growth for BTUI over
the next two years. The 2011 Zacks Consensus Estimate is $0.61,
representing a 163% increase over 2010 EPS. The 2012 consensus
estimate is 45% higher at $0.88.
Despite these enormous growth projections,
valuation is still reasonable with shares trading at 16.6x forward
earnings, a slight premium to the industry average of 15.9x.
Crocs Inc. (CROX) showed some movement on
Tuesday as well, posting a strong 6.0% gain.
Estimates have been steadily rising for the
shoemakers, as the company has strung together 6 consecutive
positive earnings surprises. Analysts expect big growth from CROX
over the next two years too. The Zacks Consensus Estimate for 2011
is $1.06, representing a 40% increase over 2010 EPS.
The 2012 consensus estimate is currently $1.32,
corresponding to 24% annual growth.
Shares trade at 17.3x forward earnings, a premium
to the industry average of 14.9x. It sports a PEG ratio of 1.38
based on a 12.5% long-term growth rate.
Other notable top performing Zacks #1 Rank stocks
from Tuesday include: Majesco Entertainment Co (COOL), which
was up 5.8%, Chembio Diagnostics (CEMI), which rose 5.5%,
and Andatee China Marine Fuel Services Corporation (AMCF),
which gained 5.1%.
To see the full list of Zacks #1 Rank (Strong Buy)
stocks click here.
Todd Bunton is the Growth & Income Stock
Strategist for Zacks.com.
BTU INTL INC (BTUI): Free Stock Analysis Report
CROCS INC (CROX): Free Stock Analysis Report
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