Canadian Stocks with Strong 4Q’13 Earnings Estimates: Investment Idea of the Day

Published:



Ubika Research has shortlisted the following Canadian stocks across sectors
which are scheduled to report strong fourth quarter 2013 results. Based
on the consensus estimates of analysts polled by Bloomberg, these companies
are estimated to report strong growth in sales and EPS with strong operating
margins during the quarter. Moreover, these stocks reported strong financial
results during the third quarter of 2013. We note that during the past
three months, these stocks have accumulated gains with average daily traded
volume in excess of 100,000 shares.

Company Name

Exchange

Ticker

Market Cap

(C$BN)

Last Price

3-Months Average Volume

3-Months Price Return

Sales Growth 3Q 2013

Sales Growth

4Q 2013(E)

EPS Growth 3Q 2013

EPS Growth

4Q 2013(E)

Operating Margins

4Q 2013(E)

Return on Equity

Reporting Date

West Fraser Timber Co Ltd

TSX

WFT

4.6

107.04

187,004

21.3%

13.7%

11.8%

1.6%

288.0%

13.1%

15.8%

02/13/2014

Canfor Corp

TSX

CFP

3.8

26.87

542,597

23.1%

10.5%

4.6%

25.0%

105.0%

10.6%

18.3%

02/14/2014

Stantec Inc

TSX

STN

3.1

65.78

197,822

17.4%

22.0%

18.2%

33.8%

20.6%

12.4%

18.4%

02/21/2014

Avigilon Corp

TSX

AVO

1.4

32.70

327,175

72.7%

100.6%

75.9%

214.3%

131.3%

18.6%

22.8%

02/28/2014

Labrador Iron Ore Royalty Corp

TSX

LIF

2.1

32.64

140,609

8.9%

10.5%

31.8%

85.7%

35.2%

76.3%

30.9%

02/28/2014

Secure Energy Services Inc

TSX

SES

2.0

16.93

413,272

24.9%

78.1%

38.8%

83.3%

43.0%

7.1%

7.5%

03/04/2014

Ritchie Bros Auctioneers Inc

TSX

RBA

2.7

25.39

246,496

31.9%

14.6%

6.5%

87.5%

21.4%

31.2%

12.5%

03/04/2014

Linamar Corp

TSX

LNR

3.0

45.60

175,192

31.8%

15.5%

13.5%

53.8%

49.8%

7.5%

17.1%

03/05/2014

Canadian Energy Services & Technology Corp

TSX

CEU

1.5

23.02

229,101

38.7%

57.7%

92.8%

35.7%

284.0%

12.6%

9.9%

03/07/2014

AG Growth International Inc

TSX

AFN

0.6

44.40

110,515

11.9%

38.9%

36.7%

94.2%

461.8%

11.2%

9.4%

03/14/2014

Solium Capital Inc

TSX

SUM

0.4

7.79

103,543

33.2%

36.7%

27.0%

410.0%

50.0%

18.5%

10.5%

03/19/2014

Source: Bloomberg


Company Description:

West Fraser Timber Co Ltd (TSX: WFT)        

West Fraser Timber Co. Ltd. produces dimension lumber and related wood
products, fiberboard, pulp, linerboard, kraft paper, and newsprint. The
company has operations in British Columbia, Alberta and in the southern
United States.

Canfor Corp (TSX: CFP)       

Canfor Corporation is an integrated forest products company that produces
and supplies SPF lumber, oriented strand board, plywood, kraft pulp and
kraft paper. The company also produces remanufactured lumber products,
hardboard paneling and special baled fibre products.  In addition,
Canfor produces kraft pulp and newsprint through a joint venture partnership
with Howe Sound Pulp and Paper.

Stantec Inc (TSX: STN)         

Stantec Inc. is an engineering, architecture, and related professional
services enterprise. The company provides a broad range of consulting,
project delivery, design build, and technology capabilities to private
and public sector clients, across North America and internationally.

Avigilon Corp (TSX: AVO)    

Avigilon Corporation manufactures surveillance equipment. The company
produces high definition, network-based video surveillance systems and
equipment for video capture, transmission, recording, and playback.

Labrador Iron Ore Royalty Corp (TSX: LIF)   

Labrador Iron Ore Royalty Corp is an unincorporated open-ended trust.
The company, through its subsidiaries, holds an overriding royalty on all
iron ore products produced, sold, delivered, and shipped by Iron Ore Company
of Canada.

Secure Energy Services Inc (TSX: SES)       

Secure Energy Services Inc., is an energy services company that focuses
on providing specialized services to upstream oil and natural gas companies
operating in the Western Canadian Sedimentary Basin. The company treats
and sells crude oil and the handling of by-products associated with oil
and natural gas development and production.

Ritchie Bros Auctioneers Inc (TSX: RBA)      

Ritchie Bros. Auctioneers Incorporated auctions industrial equipment,
operating through various locations around the world. The company sells,
through unreserved public auctions, used and unused industrial equipment,
including equipment used in the construction, transportation, mining, forestry,
petroleum, and agricultural industries.

Linamar Corp (TSX: LNR)     

Linamar Corporation manufactures precision machine components, assemblies,
and castings primarily for the automotive industry. The company also sells
to the defense and aerospace industries.  Linamar manufactures engines,
transmissions, drivelines, steering, suspension components, and brake components.

Canadian Energy Services & Technology Corp (TSX: CEU)  

Canadian Energy Services & Technology Corporation, through subsidiaries,
designs and delivers drilling fluid systems used to drill oil and natural
gas wells.

AG Growth International Inc (TSX: AFN)       

AG Growth International, Inc., manufactures portable and stationary grain
handling, storage and conditioning equipment. The company’s products include
augers, belt conveyors, grain storage bins, grain handling accessories,
and grain aeration equipment.

Solium Capital Inc (TSX: SUM)         

Solium Capital Inc. is a global provider of SaaS-based stock plan administration
technology and services.  Through innovative technology and a comprehensive
suite of services, we help to ensure the compliance, efficiency and accuracy
of equity plan administration, reporting and transactions.

Related articles

Recent articles