B&G Foods Piques My Interest but Has Yet to Whet My Appetite Enough to Buy The company behind a diverse roster of shelf and frozen foods sports a big dividend, but that payout may not last because of its large debt. Stocks quotes in this article: BGS, SJM, SNY
Former 2020 Tax Loss Selling Recovery Portfolio member B&G Foods (BGS) , which was a solid contributor (up 72%) to that annual group of potential turnaround candidates, reported first-quarter results Tuesday. B&G Foods missed on both earnings per share (52 cents versus a 56-cent consensus) and revenue ($505 million versus a $526 million consensus). Punishment for that earnings miss, a 1.6% hit to B&G shares, was fairly mild given the overall down day for markets.
Here Are 3 Underfollowed Names That Had Interesting Earnings Results As a value investor, it s an interesting time in Smallville for SBH, FLMN and NL.
You ve got to love earnings season. As a value investor, although I tend not to focus too much on one quarter s results, but it can still be an exciting time, especially in Smallville. Yesterday the floodgates opened, and there were a handful of interesting results among underfollowed names.
Sally Beauty Holdings (SBH) , a member of my 2021 Tax Loss Selling Recovery Portfolio, reported much better-than-expected second quarter earnings of 57 cents, well ahead of the 15 cent consensus estimate. Revenue of $926 million beat the consensus by $101 million. Same store sales rose 6.5%, while global e-commerce sales jumped 56%. SBH also made some headway on its debt, reducing it from about $1.8 billion at the end of Q4 to just under $1.6 billion as of the end of Q1. The company ended the quarter with $408 million in cash. Based on W
Jonathan Heller's 2021 Tax Loss Selling Recovery Portfolio didn't do much in April but is soundly beating the market six months after inception as the portfolio of lovable losers keeps delivering..DBI
It s Tempting to Quit This Portfolio While I m Waaaay Ahead, but I Won t The 2021 Tax Loss Selling Recovery Portfolio is killing it, which makes it tempting to shut it down and harvest the profits, but we ll let the experiment roll on.
Apr 07, 2021 | 10:00 AM EDT
I m tempted to shut down my 2021 Tax Loss Selling Recovery Portfolio less than halfway through its intended life. Performance for the portfolio, which is meant to run for one year, has far exceeded my expectations and currently is up about 49% after just four months.
This annual portfolio experiment starts by identifying potentially cheap names that have fallen sharply during the year and might be pushed even lower at the end of this year as investors harvest losses. By way of reminder, screening criteria include the following: