Honda, Movado and Others Analysts Are Bullish On
Here is a quick look some dividend payers in the consumer goods sector that have a consensus recommendation of analysts of Strong Buy.
The world’s largest brewer, Anheuser-Busch InBev (NYSE: BUD), has seen its share price rise almost 31% in the past half year, despite pulling back a bit in the past week. The Belgium-based company has a $115.6 billion market cap and a long-term EPS growth forecast of 15.2%. The dividend yield is 2.2%. The stock has outperformed peers Molson Coors (NYSE: TAP) and SABMiller, as well as the broader markets, over the past six months.
Calavo Growers (NASDAQ: CVGW) is more than 33% higher in the past six months and trading near a multiyear high. The California-based producer of avocados and other perishable commodities has a $446.1 million market cap and a dividend yield of 1.8%. Its long-range EPS growth forecast of 13.8% and its operating margin is higher than those of competitors Dole Foods (NYSE: DOLE) and Fresh Del Monte (NYSE: FDP). Over the past six months, the stock has outperformed those rivals.
Honda Motor‘s (NYSE: HMC) share price is up more than 12% since the beginning of the year, despite pulling back about 6% in the past month. The Japanese car and motorcycle maker has a market cap of $62.1 billion and a dividend yield of 1.4%. Its P/E ratio is greater than the industry average but less than that of rival Toyota (NYSE: TM). The stock has outperformed American competitors Ford (NYSE: F) and General Motors (NYSE: MAR) over the past six months.
See also: Honda FQ4 Profit Jumps 61%
While shares of Movado Group (NYSE: MOV) pulled back about 4% in the past week, they are trading almost 78% higher than six months ago. This maker of watches recently boosted its quarterly dividend and declared a special cash dividend. Movado has a dividend yield of 0.7% and a market cap of $682.2 million. Its long-term EPS growth forecast is 12.0%. Over the past six months, the stock has outperformed Fossil (NASDAQ: FOSL) and Guess? (NYSE: GES).
Steelcase (NYSE: SCS) is trading more than 19% higher than six months ago despite pulling back about 9% in the past month. The Grand Rapids, Mich.-based maker of furnishings and equipment made Fortune‘s 2012 list of most admired companies in its sector. The $1.1 billion market cap company has a dividend yield of 4.3%. The stock has outperformed rivals such as HNI (NYSE: HNI), as well as the S&P 500, over the past six months.
The share price of Stepan (NYSE: SCL) is up more than 17% in the past six months, despite pulling back about 3% from a recent multiyear high. This leading producer of specialty chemicals posted record earnings in the first quarter. The $989.2 million market cap company has a return on equity of 18.9% and a dividend yield of 1.2%. Its P/E ratio is 13.5 and its PEG ratio is 1.1. Over the past six months, the stock has outperformed the S&P 500.
Titan International (NYSE: TWI) is up more than 36% year to date, though it has pulled back more than 11% from a recent 52-week high. The maker of tires for industrial vehicles crushed first-quarter EPS estimates. It has a market cap of $1.1 billion, a dividend yield of 0.8% and a long-term EPS growth forecast of 34.4%. The stock has outperformed the likes of Cooper Tire (NYSE: CTB) and Goodyear Tire (NYSE: GT) over the past six months.
Bullish: Investors may want to consider the following trades that are also consumer goods producers highly recommended by analysts:
- Inventure Foods (NASDAQ: SNAK) is more than 76% higher year to date.
- Black Diamond (NASDAQ: BDE) is more than 28% higher year to date.
- Hanesbrands (NYSE: HBI) is up more than 22% higher year to date.
Bearish: Traders may prefer to consider these alternative positions in other sectors:
- Cheniere Energy (NYSE: LNG) is up more than 100% year to date.
- Pharmacyclics (NASDAQ: PCYC) is up more than 88% year to date.
- Liquidity Services (NASDAQ: LQDT) is up more than 75% year to date.
- Cirrus Logic (NASDAQ: CRUS) is up more than 65% year to date.
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