Xyratex (NASDAQ: XRTX ) saw a steep decline in its Q2 EPS, but the results were still good enough to beat expectations. For the quarter, revenue was a little more than $216 million, down significantly from the $322 million in the same period the previous year. Net profit saw a more precipitous fall, dropping to $2.9 million ($0.11 per diluted share) from Q2 2012's $7.0 million ($0.24). On a non-GAAP basis, those numbers were $2.7 million ($0.10 per diluted share) and $9.3 million ($0.32), respectively.
In spite of year-over-year decline in EPS, the latest result was still good enough to trounce the average analyst estimate of a $0.05-per-share loss. The expectation for revenue was $203 million.
For its current Q3, Xyratex projects $195 million-$225 million in revenue and GAAP EPS ranging from a loss of $0.16 to a profit of $0.08 per share. On a non-GAAP basis, the range is between a loss of $0.04 and a profit of $0.20 per share.
Xyratex also declared a fresh quarterly dividend. The company will pay $0.075 per share, the same amount it handed out the previous quarter. This will be paid on July 30 to shareholders of record as of July 15. The dividend annualizes to $0.30 per share, which yields 2.9% at the firm's most recent closing stock price of $10.37.
Top Trucking Companies To Watch In Right Now: Simon Property Group Inc.(SPG)
Simon Property Group, Inc. is a real estate investment trust. The firm engages in investment, ownership, and management of properties. It invests in the real estate markets across the globe. The firm?s portfolio includes regional malls, premium outlet centers, the mills, community / lifestyle centers, and international properties. Simon Property Group was founded in 1960 and is based in Indianapolis, Indiana.
Advisors' Opinion:- [By GuruFocus]
Simon Property Group Inc (SPG) Reached the 52-Week Low of $147.50 The prices of Simon Property Group Inc (SPG) shares have declined to close to the 52-week low of $147.50, which is 21.5% off the 52-week high of $182.45. Simon Property Group Inc is owned by 11 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 5 reduced their positions.
- [By Will Ashworth]
REITs such as Simon Property Group (SPG) and General Growth Properties (GGP) have enterprise values that are 20 times EBITDA, while LTM stock putters along at slightly less than nine times EBITDA.
- [By Jonas Elmerraji]
First up is Simon Property Group (SPG), a $51 billion name that tips the scales as the largest U.S. real estate investment trust. SPG owns a wide collection of retail real estate assets, with U.S. regional malls and outlet centers making up approximately 90% of net lease income. Simon also owns a 29% stake in Klepierre, which gives the firm exposure to European retail properties as well. Funds picked up 2.27 million shares of SPG last quarter.
Simon's scale is one of its biggest benefits. The firm is better able to secure access to cheap capital than its smaller peers, and it's able to participate in larger projects that a smaller firm would require a partner for. The decision to spin off its smaller strip mall properties into Washington Prime Group (WPG) is a positive for the SPG shareholders. It retains the highest-quality assets under the SPG banner while unlocking shareholder value at a time when REITs are looking comparatively attractive in the marketplace.
In many cases, SPG also gets added exposure to retail sales. Because the firm's main properties are malls, lease agreements typically include a cut of store revenue. That's an attractive sweetener in an environment where consumer spending continues to be on the upswing.
Right now, SPG pays out a 3.16% dividend yield. While this stock isn't the beefiest payout, it's a staid bet for investors looking for their first taste of REIT exposure.
Top Dividend Companies To Watch In Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Kyle Spencer]
While the USDA's conclusion of 5 weeks maximum reduced consumption will certainly be a relief to investors with exposure to the Asian poultry market -- namely, Yum, Tyson (TSN), and McDonald's (MCD) investors -- I think that relying too closely on the Italian consumers' experience with H5N1 to interpret the reaction of Chinese consumers to H7N9 might potentially be a disastrous assumption.
- [By Chuck Saletta]
Speaking of dividends
Of the previously existing holdings in the portfolio, two paid their dividends last week: fast-food giant McDonald's (NYSE: MCD ) and electricity generator NV Energy (NYSE: NVE ) . McDonald's $0.77 per share added $12.32 to the iPIG portfolio's coffers and was the company's third consecutive quarterly dividend at that rate. NV Energy's $0.19 per share handed $15.96 to the iPIG portfolio and was the second quarterly payout at that level.
Top Dividend Companies To Watch In Right Now: L-3 Communications Holdings Inc. (LLL)
L-3 Communications Holdings, Inc., through its subsidiary, L-3 Communications Corporation, provides command, control, communications, intelligence, surveillance, and reconnaissance (C3ISR) systems; aircraft modernization and maintenance; and government services in the United States and internationally. Its C3ISR segment offers fleet management sustainment and support, such as procurement, systems integration, sensor development, modifications, and periodic depot maintenance for signals intelligence and communications intelligence systems; strategic and tactical signals intelligence systems; secure data links; secure terminal and communication network equipment and encryption management; and communication systems. The company?s Government Services segment provides communication software support, information technology services, and various engineering development services and integration support; engineering and information systems support services; teaching and training; h uman intelligence support services; command and control systems and software services; and technical and management services. Its Aircraft Modernization and Maintenance segment offers modernization and refurbishments, upgrades and sustainment, maintenance, and logistics support services, as well as turnkey aviation life cycle management services for military and various government and commercial customers. The company?s Electronic Systems segment provides components, products, subsystems, systems, and related services across various business areas, including power and control systems, electro-optic/infrared, microwave, simulation and training, precision engagement, warrior systems, security and detection, propulsion systems, avionics and displays, telemetry and advanced technology, undersea warfare, and marine services. L-3 Communications Holdings, Inc. was founded in 1997 and is based in New York, New York.
Advisors' Opinion:- [By Daniel Lauchheimer]
Currently, three main companies supply security equipment to the TSA - Safran (SAFRY.PK), Smiths (SMGKF.PK), and Level-3 Holdings (LLL). All three of these companies sell the whole range of their products to the TSA, with an ETD offering included. Recently, however, a new company, Implant Sciences Corporation (IMSC.PK) received approval from the TSA to begin selling their ETD equipment to airport security professionals. This approval has opened the door for IMSC to begin taking some market share away from the more established players in the US and beyond.
- [By Rich Smith]
Defense contractor L-3 Communications (NYSE: LLL ) enjoyed a banner year for its stock in 2013, gaining 39% in 12 months of trading. But heading into its Thursday earnings report, things were looking pretty bleak for the company. Earnings for the year were expected to be only $8.30 or thereabouts, less than a 4% increase over 2012 levels, and probably too little growth to support the stock's 13-times earnings P/E ratio. But then the numbers came out, and a miracle happened:
Top Dividend Companies To Watch In Right Now: YPF Sociedad Anonima(YPF)
YPF SOCIEDAD ANONIMA, an energy company, engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG) in Argentina. The company also involves in refining, marketing, transportation, and distribution of oil and a range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels; and gas separation and natural gas distribution operations. As of December 31, 2010, it had proved reserves of approximately 531 million barrels of oil and 2,533 billion cubic feet of gas; and retail distribution network of 1,622 YPF-branded service stations for automotive petroleum products. The company?s crude oil transportation network includes approximately 2,700 kilometers of crude oil pipelines with approximately 640,000 barrels of aggregate daily transportation capacity of refined products; crude oil tankage of approximately 7 million barrels; and terminal facilities at 5 Argentine ports. In addition, it participates in 3 power stations with an aggregate installed capacity of 1,622 megawatts. The company was founded in 1977 and is based in Buenos Aires, Argentina. YPF SOCIEDAD ANONIMA is a subsidiary of Repsol YPF, S.A.
Advisors' Opinion:- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
- [By Taylor Muckerman]
This news is obviously great for a country that's been struggling with its ability to keep up with increased energy demand, along with some pretty serious bouts of inflation recently. But what does it mean for the energy companies that have been risking capital to explore for these reserves? Well, following the country's nationalization of YPF (NYSE: YPF ) from Repsol last May, it needed some form of positive news to woo companies back.
Top Dividend Companies To Watch In Right Now: Waste Management Inc.(WM)
Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. The company also owns, develops, and operates waste-to-energy and landfill gas-to-energy facilities in the United States. Its collection services involves in picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility, or disposal site; and recycling operations include collection and materials processing, plastics materials recycling, and commodities recycling. In addition, it provides recycling brokerage, which includes managing the marketing of recyclable materials for third parties; and electronic recycling services, such as collection, sorting, and disassembling of discarded computers, communications equipment, and other electronic equipment. Further, the company e ngages in renting and servicing portable restroom facilities to municipalities and commercial customers under the Port-o-Let name; and involves in landfill gas-to-energy operations comprising recovering and processing the methane gas produced naturally by landfills into a renewable energy source, as well as provides street and parking lot sweeping services. Additionally, it offers portable self-storage, fluorescent lamp recycling, and medical waste services for healthcare facilities, pharmacies, and individuals, as well as provides services on behalf of third parties to construct waste facilities. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is based in Houston, Texas.
Advisors' Opinion:- [By Sean Williams]
Today, I plan to introduce the first of 10 selections to the Basic Needs Portfolio: Waste Management (NYSE: WM ) .
How it fits in with our theme
Waste Management fits the theme of the portfolio in actually more ways than one. Obviously, trash collection is a basic necessity that's needed regardless of whether the economy is booming or in a recession. The amount of trash we generate may fluctuate slightly based on the health of the economy, but hauling it away remains a basic need that creates consistent cash flow for Waste Management. - [By Selena Maranjian]
It can be good, though, with kids, to add a few individual company stocks to the mix, to keep things more interesting. A solid, dividend-paying blue chip such as Waste Management (NYSE: WM ) can be a smart choice, in part because it's relatively easy to understand. It's reliable because garbage collection is likely to be in great demand for a long time, and the company has become a major recycler, too, even generating energy from some waste.
Top Dividend Companies To Watch In Right Now: HCP Inc. (HCP)
HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments. It engages in acquisition, development, leasing, selling and managing of healthcare real estate and provides mortgage and other financing to healthcare providers. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Berkshire Hathaway Index, and MSCI REIT Index. HCP, Inc. was formed in 1985 and is based in Long Beach, California with additional office in Nashville and San Francisco.
Advisors' Opinion:- [By Jonas Elmerraji]
HCP (HCP) is a healthcare REIT that owns hospitals, medical office buildings, and senior housing/nursing facilities. That niche exposure makes HCP more attractive than your typical trust – especially as aging baby boomers ramp up their healthcare and senior living needs. Right now, HCP pays out a hefty 4.6% dividend yield.
Because HCP is the landlord, not the service provider, it's able to take advantage of the increased demand for healthcare services without being subjected to regulatory headwinds. Even if legislation squeezed margins for hospitals, for instance, it doesn't change the fact that those facilities still need physical locations.
Like most commercial operators, HCP leases properties on a triple-net basis. That means that the tenant, not HCP, is on the hook for real estate taxes, insurance, and maintenance costs. That means that HCP just collects a regular, predictable rent check from its tenants, along with a pre-set price bump each year for inflation. For income investors, that's a winning combination.
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