Focus Stock of the Month
Once a month we will provide a free analysis of a company from our Amateur Investor Index Top 50 which we feel is a stock to watch.
Our selection for April is BELLWETHER EXPLORATION (BELW).
Fundamentals:
|
BELW |
1Q 99/98 | 2Q 99/98 | 3Q 99/98 | 4Q 99/98 |
|
% Increase in Quarterly Sales Growth |
-33% | -27% | -7% | +55% |
|
% Increase in Quarterly Earnings Growth |
NA | -50% | +200% | +287% |
| % Increase in Quarterly Net Profit Margins | -10.0% | +0.7% | 0.0% | +40.7% |
Earnings Outlook:
Estimates for the next two quarters: 1Q 00/99
2Q
01/00
E .35/-.09 E .25/.01
+489% +2400%
BELW is in the Oil & Gas Exploration Group and is expected to have strong sales and earnings growth the next two quarters. The company is engaged in the acquisition, development, exploration and production of oil and gas properties along with gathering and processing of natural gas. Their principal properties are located in Texas, Louisiana, Alabama, off the coast of California and in the Gulf of Mexico. If the Oil Industry becomes in favor again with the Institutional Community this may be one to watch in the future.
Other Ratings as of 3/31/00 include:
EPS: 54 RS: 77 ACC/DIST: A, GROUP STRENGTH: 57, Shares Outstanding: 12.8M, Float Shares 13.8M, Institutional Ownership 44% and Insider Ownership 6%. The average daily volume is around 123,000 shares. Next Earnings Report: 5/11
The recent chart of BELW shows that it has formed a Cup and Handle pattern and if it can break out above $8 on big volume then it could rise pretty quickly much like happened in mid February.
amateur-investor.net
***The Focus Stock of the Month is our opinion of a company to watch in the future. This doesn't mean it's a recommendation to buy the stock.***