5 Companies Set to Boost Earnings

AutoZone makes the list

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Sep 15, 2020
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According to the GuruFocus All-in-One Screener, a Premium feature, as of Sept. 15, the following guru-held companies have positive future earnings estimates from Morningstar analysts.

AutoZone

Shares of AutoZone Inc. (AZO, Financial) were trading around $1,234.45 on Tuesday.

The company, which provides aftermarket automotive parts, tools and accessories, has a GuruFocus profitability rating of 9 out of 10. Its earnings per share have increased 15.90% over the past three years.

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Analysts project a three-year to five-year earnings growth rate of 10.63%. The return on assets of 13.4% is outperforming 94% of companies in the cyclical retail industry.

T. Rowe Price

On Tuesday, T. Rowe Price Group Inc. (TROW, Financial) was trading around $125.74 per share.

With a market cap of $28.54 billion, the provider of asset management services has a GuruFocus profitability rating of 9 out of 10. Its earnings per share have climbed 22.40% over the past three years.

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Analysts project a three-year to five-year earnings growth rate of 1.14%. The return on equity of 29.41% and return on assets of 22.26% are outperforming 95% of companies in the asset management industry.

Pioneer Investments (Trades, Portfolio) is the company's largest guru shareholder with 0.35% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 0.15% and Tom Gayner (Trades, Portfolio) with 0.14%.

China Telecom

Shares of China Telecom Corp. Ltd. (CHA, Financial) were trading around $32.46 per share on Tuesday.

With a market cap of $27.27 billion, the fixed-line operator has a GuruFocus profitability rating of 6 out of 10. Its earnings per share have risen 4.10% over the past three years.

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Analysts project a three-year to five-year earnings growth rate of 6.44%. The return on equity of 5.78% and return on assets of 2.87% are outperforming 50% of companies in the telecommunication services industry.

With 0.09% of outstanding shares, Jim Simons (Trades, Portfolio)' Renaissance Technologies is the company's largest guru shareholder.

AvalonBay

AvalonBay Communities Inc. (AVB, Financial) was trading around $149.87 per share on Tuesday.

The company has a market cap of $21.09 billion and a GuruFocus profitability rating of 8 out of 10. Its earnings per share have fallen 9.20% over the past three years.

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Analysts project a three-year to five-year earnings growth rate of 6.33%. The return on equity of 7.22% and return on assets of 4.09% are outperforming 68% of companies in the REITs industry.

With 0.38% of outstanding shares, Simons is the company's largest guru shareholder, followed by Pioneer Investments with 0.15% and Chris Davis (Trades, Portfolio) with 0.06%.

Fleetcor

On Tuesday, Fleetcor Technologies Inc. (FLT, Financial) was trading around $231 per share.

With a market cap of $19.42 billion, the company, which provides specialized payment products, has a GuruFocus profitability rating of 9 out of 10. Its earnings per share have climbed 27.90% over the last three years.

Analysts project a three-year to five-year earnings growth rate of 18%. The return on equity of 22.27% and return on assets of 6.6% are outperforming 71% of companies in the software industry.

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With 1.54% of outstanding shares, Chase Coleman (Trades, Portfolio)'s Tiger Global is the company's largest guru shareholder, followed by Spiros Segalas (Trades, Portfolio) with 1.04% and Baron with 0.29%.

Disclosure: I do not own any stocks mentioned.

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