The S&P 500’s annual earnings per share has grown by 7.2% on average every year over the past five years through Dec. 31, 2019. The share price of the benchmark for the U.S. market, which closed at $3,055.73 on June 1, rose by 46% over the past five years through June 1.
Thus, investors may want to consider TE Connectivity Ltd (TEL, Financial), Konami Holdings Corp (KNMCY, Financial) and Artesian Resources Corp (ARTNA, Financial), as these companies have seen their earnings per share (EPS) without non-recurring items (NRI) grow by an annual rate of more than 7.2% over the past five years.
TE Connectivity Ltd
The Swiss manufacturer and seller of connectivity and sensors solutions in Europe and internationally grew its trailing 12-month EPS without NRI by a yearly average of 13.6% over the past five full fiscal years.
The stock price was trading at $84.53 per share at close on Monday for a market capitalization of $27.9 billion and a price-earnings ratio of 41.44 versus the industry median of 19.36.
Wall Street sell-side analysts recommend an overweight rating for this stock and have established an average price target of $83.81 per share.
GuruFocus assigned a positive rating of 6 out of 10 for the company’s financial strength and a high rating of 8 out of 10 for its profitability.
Konami Holdings Corp
The Japanese operator of digital entertainment and gambling businesses and health and physical fitness clubs in Japan saw its trailing 12-month EPS without NRI grow by 51.4% per year over the past five full fiscal years.
The stock price was trading at $35.30 per share at close on Monday for a market capitalization of $4.7 billion and a price-earnings ratio of 22.37 versus the industry median of 27.13.
Wall Street sell-side analysts recommend an overweight rating for this stock and have established an average target price of $41.55 per share.
GuruFocus assigned the company a high financial strength rating of 8 out of 10 and a very good profitability rating of 7 out of 10.
Artesian Resources Corp
The Newark, Delaware-based provider of water, wastewater and several other services to private and public users in the Delmarva peninsula saw its trailing 12-month EPS without NRI grow by 8% per year over the past five full fiscal years.
The stock price was trading at $35.14 per share at close on Monday for a market capitalization of $325.99 million and a price-earnings ratio of 21.17 versus the industry median of 16.16.
Wall Street sell-side analysts recommend a buy rating for this stock and have set an average target price of $46 per share.
GuruFocus assigned a low score of 3 out of 10 to the company’s financial strength but a positive score of 6 out of 10 to its profitability.
Disclosure: I have no positions in any securities mentioned in this article.
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