On Thursday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: Westlake Chemical (NYSE:WLK), First Security Group (NASDAQ:FSGI), Triangle Petroleum (NYSEMKT:TPLM), Chicago Bridge & Iron Company N.V. (NYSE:CBI)
Westlake Chemical Corporation (NYSE:WLK) uncovered net revenue for the three months ended December 31, 2014 of $183.3 million, or $1.37 per diluted share, contrast to net revenue of $171.0 million, or $1.27 for each diluted share, stated for the fourth quarter of 2013. Net revenue in the fourth quarter of 2014 was negatively influenced by $4.4 million, or $0.03 per diluted share, as a result of an impairment of an equity investment. Net sales for the three months ended December 31, 2014 of $1,135.9 million raised $184.3 million contrast to net sales of $951.6 million in the same period of 2013, primarily due to sales attributable to the attainment of Vinnolit Holdings GmbH (“Vinnolit”), our new specialty PVC resin business, in the third quarter of 2014, partially offset by lower styrene and ethylene co-products sales volumes. Revenue from operations was $302.4 million in the fourth quarter of 2014 contrast to $257.6 million for the fourth quarter of 2013. The raise in revenue from operations was primarily the result of higher integrated Vinyls margins, largely due to lower feedstock costs resulting from the expansion and conversion of the Calvert City, Kentucky ethylene plant from propane to ethane feedstock.
Westlake Chemical Corporation (NYSE:WLK) enhanced 4.45%, and closed at $70.63. The company holds the market capitalization of $9.38B. For the last twelve months, the stock was able to keep return on equity at 24.50%, while return on assets at 14.30%, in response to its return on investment at 19.50%. Its 20-day moving average gained 5.32%, below 50-day moving average of 10.29%, above 200-day moving average of -5.51% from the latest market price of $70.63. The mean recommendation of analysts for this stock is 2.40. (Where 1=Buy, 5=Sale).
Westlake Chemical Corporation (WLK) manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. The Olefins segment offers ethylene, polyethylene, styrene monomer, and various ethylene co-products, such as chemical grade propylene, crude butadiene, pyrolysis gasoline, and hydrogen. The Vinyls segment provides polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride, chlorine, caustic soda, and ethylene.
On March 25, 2015 First Security Group Inc (NASDAQ:FSGI) jointly disclosed the signing of a definitive merger agreement pursuant to which Atlantic Capital will acquire First Security. The transaction has been unanimously approved by the boards of directors of each company. Atlantic Capital is a bank holding company headquartered in Atlanta, Georgia and the parent of Atlantic Capital Bank. First Security is a bank holding company headquartered in Chattanooga, Tennessee and the parent of FSGBank, N.A. (“FSGBank”).
First Security Group Inc (NASDAQ:FSGI) inclined 4.41%, and closed at $2.37. The company has the market capitalization of $158.41 million. The beta value of the stock is 2.80. On the other hand the stock’s volatility for the week is 4.23%, and for the month is 3.15%. The stock’s price to book ratio is $1.73, however price to sale ratio is $4.41. Analyst’s mean recommendation regarding this stock is 2.00. (Where 1=Buy, 5=Sale).
First Security Group Inc (FSGI) works as a bank holding company for FSGBank, N.A., which provides various banking products and services to various communities in eastern and middle Tennessee, and northern Georgia. It accepts various deposits, such as checking, savings, money market accounts, and certificates of deposit.
Triangle Petroleum Corporation (NYSEMKT:TPLM) rose 4.25%, and closed at $5.40. The stock has the beta value of 2.14, and its volatility for the week is 5.37%, while for the month it is 5.73%. The company has the market capitalization of $413.75 million. The company holds the book value per share of 6.28, whereas cash per share is 0.69. Price to book ratio remained 0.86, while price to sale ratio is 0.83. Analysts mean recommendation for the stock is said to be 2.60 (where 1=Buy, 5=sale).
Triangle Petroleum Corporation (NYSEMKT:TPLM) is hold in the acquisition, exploration, development, and production of unconventional shale oil and natural gas resources in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. As of January 31, 2014, the company held leasehold interests in approximately 94,000 net acres in McKenzie and Williams Counties of North Dakota, and Sheridan and Roosevelt Counties of Montana. It also holds leasehold interest in Maritimes Basin located in Nova Scotia, Canada.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) promulgated an interim dividend on common stock of $0.07 for each share, payable March 31, 2015, to investors of record as of March 20, 2015. CB&I also unveiled financial results for the fourth quarter and fiscal-year 2014. Adjusted net income for 2014 was $568.7 million, or $5.21 for each diluted share, excluding integration related costs of $25.1 million net of tax, or $0.23 for each diluted share.
Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s shares picked up 4.16%, and closed at $48.10. The stock volatility for the week is 3.29%, while for the month remained 3.27%. The company holds consensus target price of $53.56.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 4.98 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 17.70% and Annual EPS growth for the past 5 years is considered as 22.70%.
The mean recommendation of analysts for this stock is 2.50. (Where 1=Buy, 5=Sale).
Chicago Bridge & Iron Company N.V. (CBI) offers conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services international.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The data demonstrated in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
