![]() The Research Wizard is a great place to begin. The Zacks Consensus Estimate for fiscal 2023 earnings has moved 2.9% north to $12.50 per share over the past 60 days. CTAS currently carries a Zacks Rank #2.Ĭintas has a trailing four-quarter earnings surprise of 6.68%, on average. Grainger’s 2022 earnings has moved 1.1% north to $28.15 per share over the past 60 days.Ĭintas designs, manufactures, implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, plus first-aid and safety products for diversified businesses. Grainger has a trailing four-quarter earnings surprise of 7.95%, on average. The company currently carries a Zacks Rank #2. Grainger is a broad-line, business-to-business distributor of maintenance, repair and operating products and services, operating primarily in North America, Japan and the U.K. The Zacks Consensus Estimate for 2022 earnings has been stable at $9.66 per share over the past 60 days. ![]() The company currently carries a Zacks Rank #2.ĬDW has a trailing four-quarter earnings surprise of 6.78%, on average. The Zacks Consensus Estimate for CSL's 2022 earnings has moved 0.1% north to $20.24 per share over the past 60 days.ĬDW is a leading provider of integrated information technology (IT) solutions to small, medium and large businesses government education and healthcare customers. You can see the complete list of today's Zacks #1 Rank stocks here.Ĭarlisle has a trailing four-quarter earnings surprise of 27.99%, on average. Here are four stocks that made it through the screen:Ĭarlisle is engaged in designing, manufacturing and selling a wide range of roofing and waterproofing products, engineered products and finishing equipment. P/E and P/B ratios less than the M-industry average (P/E and P/B ratios less than that of the industry indicate that the stocks are undervalued.) ROE (over the past 12 months) greater than the industry average (Higher ROE compared to the industry average indicates superior stocks.) Last 5-year EPS & projected 3-5-year EPS growth rates between 10% and 20% (Strong EPS growth history and prospects ensure improving business.) Screening ParametersĪlong with the criteria discussed in the above section, we have considered a Zacks Rank #1 (Strong Buy) or 2 (Buy). Using the GARP principle, we have run a screen to identify stocks that should offer solid returns in the near term. The price-to-book value (P/B) ratio is also considered. Though the investing style picks stocks with higher P/E ratios than value investors, it avoids companies with extremely high P/E ratios. GARP investing prioritizes one of the popular value metrics - the price-to-earnings (P/E) ratio. Moreover, stocks with a positive cash flow find precedence under the GARP plan. GARP investors look for strong and higher ROE than the industry average to identify superior stocks. Hence, growth rates between 10% and 20% are considered ideal under the GARP strategy.Īnother growth metric considered by both growth and GARP investors is return on equity (ROE). However, instead of super-normal growth rates, pursuing stocks with a more stable and reasonable growth rate is a tactic of GARP investors. The stocks have solid prospects in terms of cash flow, revenues, EPS and others.Ī strong earnings growth history and impressive earnings prospects are the main concepts that GARP investors borrow from the growth investing strategy. Investors adopting the GARP approach will prefer to buy stocks that are priced below the market or any reasonable target determined by fundamental analysis. The GARP strategy seeks to offer an ideal investment by utilizing the best features of both value and growth investing. GARP Metrics - Mix of Growth & Value Metrics Grainger ( GWW Quick Quote GWW - Free Report) and Cintas ( CTAS Quick Quote CTAS - Free Report) are some GARP stocks that hold promise. ![]() Carlisle Companies ( CSL Quick Quote CSL - Free Report), CDW Corporation ( CDW Quick Quote CDW - Free Report), W.W. Therefore, a portfolio created on the basis of the GARP strategy contains stocks that offer the best value and growth investing. GARP stocks have solid prospects in terms of cash flow, revenues, earnings per share (EPS) and others. The strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. The GARP approach helps identifying stocks that are priced below the market or any reasonable target determined by fundamental analysis. Growth at a reasonable price or GARP is an excellent strategy to earn quick profits from investments. ![]()
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