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Charts courtesy of stockcharts.com

Sunday, November 10, 2013

Earnings Growth Charts

 Last week I had an unbelievable 30 stocks on the earnings list reporting, so I didn't get them all graphed yet, and I picked out 9 from the ones I did get graphed. The good news is that there are few stock left to report this quarter, so i will have time to post most of the others later this quarter. On he graphs, in the top panel the red line is quarterly EPS growth rate, the black line is quarterly revenue growth rate. In the middle the red line is quarterly EPS, the green is quarterly revenue, black is price, and blue price relative to SPX. None of these reported the end of a fiscal year, so I did not include annual EPS. At the bottom the black bars are volume.


AAON is, on this chart, making a straight up move; in reality, on a log chart, it is in a perfect 45 degree up trend. EPS and revenue growth have been inconsistent, an seem to have a problem sustaining a high growth rate. It did report accelerating growth this quarter, but price got hit. This is overdue for a base, and may end up forming one now.


ADUS is new on the list this quarter. This one came tio my attention because of the move it made starting at the first of the year and ending in October, where it was one of the best relative strength stocks in my database. It doesn't yet have enough of an EPS or revenue track record to establish a trend, but the run in price clearly shows the market is anticipating some really good numbers here, so this is one to file away for the future.


 AIRM recently experienced a bg drop in EPS, and price responded with a pretty big drop; it did bounce back, and this quarter EPS came back, so last quarter might have been an anomaly. This one has the potential to be a market leader, but the chart is a bit damaged here; unle we get a breakout here, I will be waiting another quarter.


ATRO does not have terribly high EPS growth, but revenue growth has really kicked into gear in the last two years, and this has become a market leader. This is another one that is about due for a base, but shows no signs of slowing down yet.


BOFI is another one that came out of nowhere to become a market leader in the last year, but appears to be about to form a base. EPS growth still looks good, but the red flag here is a big drop in revenue. However, price responded favorably to this report, and if we get a breakout, is could lead to another big move.


 CATM has flashed some signs of leadership in the last few years, and has been in a pretty good long erm up trend. EPS growth is high but can be inconsistent: revenue growth is also high and very consistent. This one can be risky but it has a lot of potential.

 KBALB is new on  the list this quarter: it made a very sudden up move about mid 2012, and has been in a base since January of this year. The move came just as it was reversing a down trend in EPS and revenue, and it is now in a pretty decnet up trend in both. This is one to watch for a breakout.

OPEN is in a very strong up trend in EPS and revenue growth, and after a big drop in 20111, price started responding late last year. This should continue to go up as long as EPS and revenue do, and it sure looks like they will.
UFPT has had not much growht in almost 4 years, and price wenet nowhere for nearly 3, but it is now starting to move, coinciding with an increase in revenue. I don't know if it has that much potential, but it is on a very strong industry group and it has never been in real danger of being removed form the list. this is another one I will  be waiting on.

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