Friday, August 29, 2008

Some small banks

Wesbanco Inc: Highlights Financial data in U.S. dollars
Sales 267.04 Mil
Income 41.21 Mil
Net Profit Margin 21.06%
Return on Equity 8.33%
Debt/Equity Ratio 0.80

First BancTrust Corporation: Highlights Financial data in U.S. dollars
Sales 19.52 Mil
Income 1.39 Mil
Net Profit Margin 10.84%
Return on Equity 5.25%
Debt/Equity Ratio 0.26

Ohio Valley Banc Corp: Highlights Financial data in U.S. dollars
Sales 54.31 Mil
Income 6.53 Mil
Net Profit Margin 18.57%
Return on Equity 10.70%
Debt/Equity Ratio 0.98

Bank of New York Mellon Corp: Highlights Financial data in U.S. dollars
Sales 6.32 Bil
Income 2.39 Bil
Net Profit Margin 16.46%
Return on Equity 11.85%
Debt/Equity Ratio 0.68


The one I want to look at is Ohio Valley BancCorp. It compares favorably with other banks. Pays good dividends. But has almost no instututional owners and institutions don't seem to follow the stock. I'm not sure why.

Although banks are somewhat risky right now this one looks like it might be an overlooked possibility.

Stock screener

ATTn(T)

I recommend this stock.

UPDATE;
I like the numbers.

Open: 29.24 Mkt Cap: 177.20B P/E: 13.53 Dividend: 0.40
High: 30.55 52Wk High: 42.97 F P/E: 14.38 Yield: 5.32
Low: 29.06 52Wk Low: 27.51 Beta: 1.12 Shares: 5.89B
Vol: 32.76M Avg Vol: 28.18M EPS: 2.22 Inst. Own: 59%

It's selling near a 52 week low which I take as a good sign.

P/E indicates it's fairly priced (I consider 14 a typical healthy multiple).

It has a nice dividend yield.

It's not terribly heavy in institutional ownership. Institutions tend to move as a herd and too much institutional ownership indicates too much potential for selling pressure.

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Snappon (SNA)

It looks in good shape with good prospects but it's heavily owned by institutions, suggesting that it's good prospects are already reflected in the price.

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Saturday, August 16, 2008

Grocery Stores

Grocery Stores

Whole Foods Market WFMI
Analysts tend toward neutral
Very heavy institutional ownership and a .89 beta.

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