Wednesday, January 23, 2013 9:30:25 AM
Many folks on Wall Street are calling for a solid year in equity securities, as companies are coming off a very low bar in 2012 and are expected to beat guidance for 2013. There are some indicators that match with this bullish theory, as the Dow Transports are at a 5-year high, the VIX index is at a multi-year low, and short interest on the NYSE is very low. At the moment, Euro zone debt woes and debt ceiling debate concerns are on hold, as investors look for undervalued growth stories in the market. With China’s growth in-tact, many believe the indexes will continue to make new highs.
The company has a market cap of about $242mm and just over 300 employees. Headquarters in Dallas, Texas, is a manufacturer of lime and limestone products, supplying primarily the construction, steel, municipal sanitation, water treatment and oil and gas services. The company has only one real competitor that does limestone mining for the steel industry, which is Nittetsu Mining Company based in Japan. The company has a similar market cap of $376mm. In USLM’s last earnings report the company announced a gross profit of $7.8mm in Q3 of 2012, compared to $12.5mm in Q3 of 2011. This represents a decrease of $4.8mm, which is just over a 38% fall. Gross profit for the first nine months of 2012 was $25.3mm, a decrease of $7.0mm, or 21.7%, from $32.4mm in the first nine months 2011.
Here is the skinny. Earnings season has produced some winners and loser so far for Q4 of 2012, most notably GE and financials as golden, and Intel as one of the fallen gems. USLM expectations are fairly low for the 4th quarter. The stock chart shows that the shares have fallen from a recent high of $49.49 on January 2nd to a current $45.46. USLM is set to announce its next earnings report on January 30th, after the market closes. Buying the stock prior to the earnings report is a bit chancy but recommended for those investors that are more risk-takers. That said, the earnings report is expected to be on the poor side, as already indicated by the company and analysts, as Q4 demand was not good. Perhaps the more prudent play is to wait for a sell-off in the stock, which will create a nice buying opportunity. Either way, the stock is expected to do well in 2013 and will be a nice addition to the portfolio.
Get the full story and others here:
http://emerginggrowth.com/investing_today/united-states-lime-minerals-nasdaq-uslm-wait-for-the-sell-off-than/01/23/2013
Recent USLM News
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 09/23/2024 03:06:45 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 09/17/2024 10:12:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 03:05:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 04:22:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/02/2024 08:01:30 PM
- United States Lime & Minerals Reports Second Quarter 2024 Results and Declares Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 07/31/2024 09:21:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 09:02:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 10:33:25 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/05/2024 08:17:56 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 05/23/2024 10:15:48 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 10:11:11 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:11:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:30:16 PM
- United States Lime & Minerals Announces 5-for-1 Stock Split • GlobeNewswire Inc. • 05/06/2024 08:05:00 PM
- United States Lime & Minerals Reports First Quarter 2024 Results and Declares Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 04/30/2024 09:10:04 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 09:45:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 11:29:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/14/2024 08:43:21 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 03:44:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 09:22:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 01:52:08 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 12:45:45 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 10:03:54 PM
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