Trading a stock before a company’s earnings release is one way to speculate on a security’s price movement. It is estimated that a stock’s price moves approximately 5%-15%, on average, after financial results are released. The stocks on our list today were compiled from mean analyst Earnings Per Share(EPS) targets for companies soon to be releasing financials, and comparing this to the company’s last stated EPS. Of course we chose ones with a much greater upgrade from analysts, in hopes these stocks will flourish ahead of the upcoming announcements.
Indigo Books and Music Inc. (TSX: IDG) – $11.32
Miscellaneous Specialty Retailers
Indigo Books & Music Inc. is a Canada-based book, gift and toy retailer that operates stores in 10 provinces and one territory in Canada and offers online sales through its indigo.ca website. The Company operates 95 superstores under the banners Chapters, Indigo and the World’s Biggest Bookstore and 131 small format stores, under the banners Coles, Indigo, Indigospirit, SmithBooks, and The Book Company.
- Market Cap: $289,234,392
- Earnings Release Date: Thursday, May 28, 2015
- Analyst EPS: -$0.10
- Last Stated EPS: -$1.21
- EPS Upgrade (Analyst Target – Last Stated): $1.11
Alvopetro Energy Ltd. (TSXV: ALV) – $0.59
Oil & Gas Exploration and Production
Alvopetro Energy Ltd. is engaged in the exploration for, and the acquisition, development and production of, hydrocarbons. The Company’s assets include acreage licensed in four hydrocarbon basins, the Reconcavo, Tucano, Camamu- Almada and Sergipe-Alagoas. The Reconcavo Basin is a 10,200 square kilometer onshore basin, centered 85 kilometers north of the City of Salvador in northeast Brazil, in the province of Bahia. The Sergipe-Alagoas Basin is an onshore offshore basin located approximately 300 kilometers northeast of Salvador.
- Market Cap: $50,357,744
- Earnings Release Date: Monday, May 25, 2015
- Analyst EPS: -$0.09
- Last Stated EPS: -$0.43
- EPS Upgrade (Analyst Target – Last Stated): $0.34
NYX Gaming Group Ltd. (TSXV: NYX) – $4.29
Software
NYX Gaming Group Limited (NYX) is a Canada-based supplier of digital gaming software. The Company is engaged in the design, development, manufacture and distribution of digital gaming solutions for interactive, social and mobile gaming throughout the world. The Company’s products and services include platform and technology, which is a full suite of digital gaming platform solutions; content, which is a library of more than 350 Web and mobile enabled games, including casino, poker, bingo, and lottery games and over 550 games from various third-party content suppliers, and social, which is a fully hosted gaming platform including casino, bingo, lottery and poker products.
- Market Cap: $145,315,428
- Earnings Release Date: Wednesday, May 27, 2015
- Analyst EPS: $0.07
- Last Stated EPS: -$0.25
- EPS Upgrade (Analyst Target – Last Stated): $0.32
Heroux-Devtek Inc. (TSX: HRX) – $10.08
Aerospace & Defense
Héroux-Devtek Inc. is a Canada-based aerospace equipment manufacturer that specializes in the design, development, manufacture, repair and overhaul of landing gear systems and components used principally in the Aerospace market. The Company supplies to both the commercial and military sectors of the Aerospace market with new landing gear systems and components as well as aftermarket products and services, including spare parts and repair and overhaul services. The Company’s sales are approximately 70% based outside Canada and mainly in the United States.
- Market Cap: $363,201,951
- Earnings Release Date: Tuesday, May 26, 2015
- Analyst EPS: $0.54
- Last Stated EPS: $0.29
- EPS Upgrade (Analyst Target – Last Stated): $0.25
Macro Enterprises Inc. (TSXV: MCR) – $2.63
Oil Related Services and Equipment
Macro Enterprises Inc. (Macro) is a Canada-based oil and gas company engaged in pipeline and facility construction, and maintenance. The Company provides infrastructure development to the oil and gas construction market. Macro’s business is focused on three distinct markets: Pipeline Construction, Pipeline Maintenance and Facility/Compression Construction.
- Market Cap: $79,622,874
- Earnings Release Date: Wednesday, May 27, 2015
- Analyst EPS: $0.46
- Last Stated EPS: $0.22
- EPS Upgrade (Analyst Target – Last Stated): $0.23
