Earnings Growth Charts
I have only one stock on the earnings list reporting last week, so I am taking the opportunity to post some that reported earlier this quarter that I was not able to post before. In the top panel, the red line is quarterly EPS growth rate, black is quarterly revenue growth rate. In the middle the red line is quarterly EPS, the black line price, the green line quarterly revenue, and the blue line is price relative to SPX. At the bottom the black bars are volume.
CYBX is the one that reported this week, reporting a quarter of accelerating, but very low, growth after a quarter of negative growth. I have been graphing a lot of candidates for addition to the list lately, and have been seeing a pattern that I also see here (although this isn't a very good example). Earnings peak anywhere from 6 months to a year ago, and begin dropping. On some of the seasonal stocks you can actually see a head and shoulders pattern in EPS. You can see here that price has followed EPS down, With a quarter of EPS stabilitzation this will probably form a base, but I think at least for the next few quarters earnings have peaked.
ABVT reported about 3 weeks ago, and the chart has not been updated since. This is exhibiting a similar pattern, as the last peak in EPS was lower than the previous peak. Price did not quite respond accordingly, actually hitting a new high on the second peak, but started coming down when I graphed it. Revenue is still climbing, so this could actually turn EPS around.
AFSI reported in late July, and is bucking the trend in EPS, which is still climbing, although at a slowing rate. Price has pulled back since I graphed this, but it is now is a very nice looking base.
ININ is another one that, so far, is bucking the trend. It also reported in late July, and rallied on earnings, but since has had a pretty substantial drop. We will have to wait for the next peak in earnings to see if it is higher or lower than the last peak, but right now, this might be a little undervalued.
AXTI also reported in late July. It also has reported slower growth, but so far is showing no signs of peak earnings. This collapsed after a report in February, and has since been forming a base, but has not yet begun the right side. This is another one that might be a bit undervalued.
CYBX is the one that reported this week, reporting a quarter of accelerating, but very low, growth after a quarter of negative growth. I have been graphing a lot of candidates for addition to the list lately, and have been seeing a pattern that I also see here (although this isn't a very good example). Earnings peak anywhere from 6 months to a year ago, and begin dropping. On some of the seasonal stocks you can actually see a head and shoulders pattern in EPS. You can see here that price has followed EPS down, With a quarter of EPS stabilitzation this will probably form a base, but I think at least for the next few quarters earnings have peaked.
ABVT reported about 3 weeks ago, and the chart has not been updated since. This is exhibiting a similar pattern, as the last peak in EPS was lower than the previous peak. Price did not quite respond accordingly, actually hitting a new high on the second peak, but started coming down when I graphed it. Revenue is still climbing, so this could actually turn EPS around.
AFSI reported in late July, and is bucking the trend in EPS, which is still climbing, although at a slowing rate. Price has pulled back since I graphed this, but it is now is a very nice looking base.
ININ is another one that, so far, is bucking the trend. It also reported in late July, and rallied on earnings, but since has had a pretty substantial drop. We will have to wait for the next peak in earnings to see if it is higher or lower than the last peak, but right now, this might be a little undervalued.
AXTI also reported in late July. It also has reported slower growth, but so far is showing no signs of peak earnings. This collapsed after a report in February, and has since been forming a base, but has not yet begun the right side. This is another one that might be a bit undervalued.











0 comments:
Post a Comment