Market Overview

Honda, Movado and Others Analysts Are Bullish On

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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.

See also: Jefferies Raises PT to $83 on Anheuser-Busch

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.

See also: Benzinga's Top Upgrades with Color for May 11, 2012

ACTION ITEMS:

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.
Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.

Posted-In: Anheuser-Busch Black Diamond calavo growers Cheniere EnergyLong Ideas Short Ideas Dividends Trading Ideas Best of Benzinga

 

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