FPIC Insurance Group, Inc. (NASDAQ:FPIC) achieved its new 52 week high price of $41.95 where it was opened at $41.90 UP 0.27 points or +0.65% by closing at $41.85. FPIC transacted shares during the day were over 67,331 shares however it has an average volume of 27,502 shares.
FPIC has a market capitalization $351.41 million and an enterprise value at $374.02 million. Trailing twelve months price to sales ratio of the stock was 1.80 while price to book ratio in most recent quarter was 1.31. In profitability ratios, net profit margin in past twelve months appeared at 14.26% whereas operating profit margin for the same period at 25.26%.
The company made a return on asset of 3.10% in past twelve months and return on equity of 10.06% for similar period. In the period of trailing 12 months it generated revenue amounted to $194.26 million gaining $21.98 revenue per share. Its year over year, quarterly growth of revenue was -2.80% holding -13.60% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $126.37 million cash in hand making cash per share at 15.05. The total of $48.94 million debt was there putting a total debt to equity ratio 18.33. Moreover its current ratio according to same quarter results was 3.11 and book value per share was 31.79.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 4.59% where the stock current price exhibited up beat from its 50 day moving average price $41.73 and remained above from its 200 Day Moving Average price $38.37.
FPIC holds 8.40 million outstanding shares with 7.74 million floating shares where insider possessed 5.56% and institutions kept 78.40%.
Showing posts with label NASDAQ. Show all posts
Showing posts with label NASDAQ. Show all posts
Tuesday, April 17, 2012
Saturday, April 14, 2012
(Updated) Brocade: Goldman, S&P Downgrade; Shares Fall 10%
Shares of Brocade Communications (BRCD) are tumbling in the wake of last night’s first-quarter revenue miss. Today both Goldman Sachs and S&P Equity Research downgraded shares of the data center play.
Goldman Sachs analyst Min Park lowered the stock to Neutral from Buy and cut Brocade’s price target to $6.50 from $8, citing uneven execution, potential for weakness in Brocade’s storage networking segment and lack of near-term catalysts.
At S&P, analyst Jim Yin slices Brocade’s price target by $2 to $5.50 and lowers shares to Hold from Buy. Yin notes that a rebound in Brocade’s ethernet business was more than offset by the decline in data storage revenue.
Shares of Brocade are off 10.7%, or 63 cents, to $5.24.
Update: Canaccord Genuity thinks the selloff has created an attractive opportunity. Analyst Paul Mansky this afternoon upgraded the stock to Buy from Hold. Mansky says the second quarter holds questions related to seasonality, competition, Europe and OEM inventories. But, “we view the challenges as fully discounted, leaving attractive returns over the 6- to 12- month horizon,” he writes in a note.
Goldman Sachs analyst Min Park lowered the stock to Neutral from Buy and cut Brocade’s price target to $6.50 from $8, citing uneven execution, potential for weakness in Brocade’s storage networking segment and lack of near-term catalysts.
At S&P, analyst Jim Yin slices Brocade’s price target by $2 to $5.50 and lowers shares to Hold from Buy. Yin notes that a rebound in Brocade’s ethernet business was more than offset by the decline in data storage revenue.
Shares of Brocade are off 10.7%, or 63 cents, to $5.24.
Update: Canaccord Genuity thinks the selloff has created an attractive opportunity. Analyst Paul Mansky this afternoon upgraded the stock to Buy from Hold. Mansky says the second quarter holds questions related to seasonality, competition, Europe and OEM inventories. But, “we view the challenges as fully discounted, leaving attractive returns over the 6- to 12- month horizon,” he writes in a note.
Friday, April 6, 2012
Denbury Resources Crushes Earnings Estimates
Denbury Resources (NYSE: DNR ) reported earnings on Feb. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Denbury Resources beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly, and GAAP earnings per share expanded significantly.
Margins increased across the board.
Revenue details
Denbury Resources tallied revenue of $617.3 million. The six analysts polled by S&P Capital IQ expected to see a top line of $572.2 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $519.0 million.
Non-GAAP EPS came in at $0.45. The 17 earnings estimates compiled by S&P Capital IQ forecast $0.32 per share on the same basis. GAAP EPS of $0.13 for Q4 were much higher than the prior-year quarter's $0.02 per share.
For the quarter, gross margin was 78.4%, 1,110 basis points better than the prior-year quarter. Operating margin was 22.4%, 600 basis points better than the prior-year quarter. Net margin was 8.5%, 650 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $549.3 million. On the bottom line, the aver! age EPS estimate is $0.31.
Next year's average estimate for revenue is $2.36 billion. The average EPS estimate is $1.39.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,024 members rating the stock outperform and 22 members rating it underperform. Among 320 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 317 give Denbury Resources a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Denbury Resources is outperform, with an average price target of $24.22.
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The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Denbury Resources beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly, and GAAP earnings per share expanded significantly.
Margins increased across the board.
Revenue details
Denbury Resources tallied revenue of $617.3 million. The six analysts polled by S&P Capital IQ expected to see a top line of $572.2 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $519.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS detailsNon-GAAP EPS came in at $0.45. The 17 earnings estimates compiled by S&P Capital IQ forecast $0.32 per share on the same basis. GAAP EPS of $0.13 for Q4 were much higher than the prior-year quarter's $0.02 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin detailsFor the quarter, gross margin was 78.4%, 1,110 basis points better than the prior-year quarter. Operating margin was 22.4%, 600 basis points better than the prior-year quarter. Net margin was 8.5%, 650 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $549.3 million. On the bottom line, the aver! age EPS estimate is $0.31.
Next year's average estimate for revenue is $2.36 billion. The average EPS estimate is $1.39.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,024 members rating the stock outperform and 22 members rating it underperform. Among 320 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 317 give Denbury Resources a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Denbury Resources is outperform, with an average price target of $24.22.
How did Denbury Resources treat you during the oil spike in 2008 and the subsequent bust? More importantly, what are you doing to prepare for the next spike that some experts believe another spike may be just around the corner? Prepare yourself with a well-positioned energy stock we profile in "The Only Energy Stock You'll Ever Need." Click here for instant access to this free report.
- Add Denbury Resources to My Watchlist.
Monday, March 19, 2012
2014 Silver Stocks - Five Ways to Become a Successful Wealth Manager
For any investment company looking to increase their investment or financial gain, they might need to look towards richer, wealthier clients to give that boost to their company. One way of doing this is by using wealth management. This can mean hiring a professional group to help look after issues such as financial and investment planning and insurance services whilst maintaining a good level of communication with clients and customers. It can also help create individual investment plans unique to every single customer.
More often than not, the clients are likely to be nearing or starting their retirement and would be looking to save money for the future and therefore they may be seeking financial advice. Becoming a wealth manager is by no means an easy feat and could require a restructuring of a company to fully succeed in this sector. However, there are a few points and aspects of the job to consider when becoming a wealth manager.
Firstly, the manager needs to know their high net-worth clients. Once their services have been met, this will eventually attract other wealthy investors who would be looking to invest their money. Once a network has been established, the manager can look to get feedback from clients and use this to improve their services as time goes on.
The next aspect is to have a successful business model. This is crucial for the wealth management service to be both successful and efficient to both the manager and its clients. The manager will need to pick an area to specialize in and then from there, they can offer other services as and when they feel it is needed. The other services can be provided from within the same firm or be hired out to a third party. From here, things can develop steadily with a manager hiring more staff to accommodate areas such as legal guidance and other financial services.
After the manager has a solid foundation to their firm, they will need to ! focus on clients that want their specific needs and service. Whilst this may limit the client base for the wealth manager, it will help them provide an efficient service to their key clients. It will help make certain tasks easier to perform such as reviewing client records and it will help the relationship between the manager and the client grow and develop.
As a firm, it is worth splitting the clients into different sections according to their needs and wants. This will help a firm direct the clients to the right manager who can then offer the right service. The clients can be split in a variety of ways such as type of service, level of communication and amount of investment. This can help improve a customer’s satisfaction and help a firm manage their staff, time and clients more efficiently.
The final point to consider is to offer services that are needed by the client. Customers are more likely to go to a firm who directly match the services they want so the wealth manager has to be as precise and clear with what they offer. A firm should look to have one specialist for each area and have a secondary member to provide help and assist the lead member. It will help a firm to provide a service that clients will find both efficient and effective to use.
Whilst it may not be easy to start out, a firm will quickly get themselves going if they make the right moves. This can involve identifying the right clients for the business to help get a good network established and the company should have the right experts to help provide the customers with an efficient and professional service. With all these aspects in place, a wealth manager can look forward to having a successful career.
Located on Houston, Texas Paul Comstock Partners is a fee only, private, independent, investment and wealth advisory firm. For more information call now 713-977-2694 or visit our website http://www.paulcomstockpartners.com/.
More often than not, the clients are likely to be nearing or starting their retirement and would be looking to save money for the future and therefore they may be seeking financial advice. Becoming a wealth manager is by no means an easy feat and could require a restructuring of a company to fully succeed in this sector. However, there are a few points and aspects of the job to consider when becoming a wealth manager.
Firstly, the manager needs to know their high net-worth clients. Once their services have been met, this will eventually attract other wealthy investors who would be looking to invest their money. Once a network has been established, the manager can look to get feedback from clients and use this to improve their services as time goes on.
The next aspect is to have a successful business model. This is crucial for the wealth management service to be both successful and efficient to both the manager and its clients. The manager will need to pick an area to specialize in and then from there, they can offer other services as and when they feel it is needed. The other services can be provided from within the same firm or be hired out to a third party. From here, things can develop steadily with a manager hiring more staff to accommodate areas such as legal guidance and other financial services.
After the manager has a solid foundation to their firm, they will need to ! focus on clients that want their specific needs and service. Whilst this may limit the client base for the wealth manager, it will help them provide an efficient service to their key clients. It will help make certain tasks easier to perform such as reviewing client records and it will help the relationship between the manager and the client grow and develop.
As a firm, it is worth splitting the clients into different sections according to their needs and wants. This will help a firm direct the clients to the right manager who can then offer the right service. The clients can be split in a variety of ways such as type of service, level of communication and amount of investment. This can help improve a customer’s satisfaction and help a firm manage their staff, time and clients more efficiently.
The final point to consider is to offer services that are needed by the client. Customers are more likely to go to a firm who directly match the services they want so the wealth manager has to be as precise and clear with what they offer. A firm should look to have one specialist for each area and have a secondary member to provide help and assist the lead member. It will help a firm to provide a service that clients will find both efficient and effective to use.
Whilst it may not be easy to start out, a firm will quickly get themselves going if they make the right moves. This can involve identifying the right clients for the business to help get a good network established and the company should have the right experts to help provide the customers with an efficient and professional service. With all these aspects in place, a wealth manager can look forward to having a successful career.
Located on Houston, Texas Paul Comstock Partners is a fee only, private, independent, investment and wealth advisory firm. For more information call now 713-977-2694 or visit our website http://www.paulcomstockpartners.com/.
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