Arnold Schneider (Trades, Portfolio) is president and CIO of Schneider Capital Management Corp., a hedge fund that holds 95 stocks in its portfolio with a total value of $778 million.
The following are the five stocks he holds with the highest growing EPS over the last 10 years.
JPMorgan Chase (JPM)
JPMorgan is a financial services firm and banking institution in the U.S. with operations around the world. The company's activities are organized, for management reporting purposes, into various business segments, such as Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking and Asset Management.
The stock has been as high as $70.61 and as low as $50.07 in the last 52 weeks, and is currently -11.41% from its 52-week high and +24.93% from its 52-week low.
Earnings per share grew by 10.60% over the last 10 years, and at the current price of $62, the stock is trading with a P/E ratio of 11.32 that is ranked higher than 62% of other companies in the Global Banks – Global industry. According to the DCF calculator, the stock is currently undervalued and trading with a margin of safety of 26%.
The company made good progress in the last quarter, including meeting regulatory requirements and reducing non-operating deposits. JPM reported second quarter net income, which was up 5%, and loans-to-deposits ratio of 61%, up 5% quarter over quarter. Net revenue was down 3%.
The main guru holding shares of the company is James Barrow (Trades, Portfolio) with 0.9% of shares outstanding, followed by Dodge & Cox with 0.71% and Chris Davis (Trades, Portfolio) with 0.5%.
Boeing Co. (BA)
The company, together with its subsidiaries, designs, develops, manufactures, sells and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services. Its business segments are Commercial Airplanes; Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), and Global Services & Support (GS&S), collectively Defense, Space & Security; and Boeing Capital.
The stock has been as high as $158.83 and as low as $115.14 in the last 52 weeks, and is currently -15.01% from its 52-week high and +17.24% from its 52-week low.
Earnings per share grew by 10% over the last 10 years, and at the current price of $135, the stock is trading with a P/E ratio of 18.38 that is ranked higher than 60% of other companies in the Global Aerospace & Defense industry. According to the DCF calculator, the stock is currently overpriced by 26%.
BA reported a second quarter revenue increase of 11% and had a 25% increase in dividends per share compared to the year-ago quarter.
The main guru holding shares of the company is Brian Rogers (Trades, Portfolio) with 0.37% of shares outstanding, followed by the hedge fund PRIMECAP Management (Trades, Portfolio) with 0.31% and Hotchkis & Wiley with 0.26%.
Aviat Networks Inc. (AVNW)
The company manufactures wireless networking products, solutions and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies and broadcast network operators. Its products include point-to-point digital microwave transmission systems designed for first and last mile access, middle mile/backhaul and long-distance trunking applications.
The stock has been as high as $1.95 and as low as $1.09 in the last 52 weeks, and is currently -40.00% from its 52-week high and +7.34% from its 52-week low.
Earnings per share grew by 9.40% over the last 10 years and at the current price of $1.15, the stock is trading with a forward P/E ratio of 55.87 that is ranked lower than 87% of other companies in the Global Communication Equipment industry. According to the Peter Lynch earnings line, the stock is currently undervalued by about 50%.
The leading expert in microwave networking solutions reported revenue of $6.7 million. Recently the company announced the CTR 8380 all-outdoor microwave router, which is the only outdoor router on the market with integrated microwave capability. This is an example of their focus on providing the best total cost of ownership
Arnold Schneider (Trades, Portfolio) with 7.61% of shares outstanding is the main guru holder of the company, followed by Chuck Royce (Trades, Portfolio) with 5.76% and Jim Simons (Trades, Portfolio) with 2.19%.
Parke Bancorp Inc. (PKBK)
Parke Bancorp is the holding company for Parke Bank. It conducts business through offices in Northfield and Washington Township, New Jersey; and in Philadelphia, Pennsylvania.
The stock has been as high as $13.95 and as low as $9.70 in the last 52 weeks, and is currently -8.96% from its 52-week high and +30.93% from its 52-week low.
Earnings per share grew by 9.10% over the last 10 years, and at the current price of $12.7, the stock is trading with a P/E ratio of 9.63 that is ranked higher than 72% of other companies in the Global Banks - Regional - U.S. industry. According to the DCF calculator, the stock is currently undervalued and is trading with a margin of safety of 25%.
In the last quarter, Parke Bancorp's total assets increased by 5.7%, primarily due to an increase in investment securities and loans, and its total investment securities portfolio increased by 56.8%.
The only guru holding shares of the company is Arnold Schneider (Trades, Portfolio) with 0.29% of shares outstanding.
State Street Corp. (STT)
The company has two lines of business: Investment Servicing and Investment Management. Investment Servicing performs core custody and related value-added functions, such as providing institutional investors with clearing, payment and settlement services.
The stock has been as high as $81.26 and as low as $64.21 in the last 52 weeks, and is currently -11.83% from its 52-week high and +11.59% from its 52-week low.
Earnings per share grew by 5.50% over the last 10 years, and at the current price of $71.48, the stock is trading with a P/E ratio of 16.99 that is ranked higher than 65% of other companies in the Global Asset Management industry. According to the DCF calculator, the stock is currently overpriced by 54%.
In the second quarter, operating basis EPS was down 1.4% compared to the second quarter of 2014.
James Barrow (Trades, Portfolio) is the main guru holding shares of the company with 2.48% of shares outstanding, followed by Bill Nygren (Trades, Portfolio) with 1.07% and Richard Pzena (Trades, Portfolio) with 0.8%.
