Hansen Natural Corp. - Momentum
15 Agosto 2011 - 7:00PM
Zacks
Hansen Natural Corp. (HANS) has produced big gains in 2011,
recently rebounding from a small pull back to move back within
striking distance of the all-time high. With estimates on the rise
and a bullish growth projection, this Zacks #1 Rank stock offers a
refreshing take on momentum.
Company Description
Hansen Natural Corp, through its subsidiaries,
develops and sells specialty beverages in the United States and
internationally. The company was founded in 1985 and has a market
cap of $7.1 billion.
Hansen Natural is one of those rare stocks that
jumps in an up market but holds tough in a weak market. That was
recently on display when strong Q2 results lifted shares back
within striking distance of the all-time high.
Second-Quarter Results
Revenue for the period was up 27% from last year to
$528 million. Earnings also came in strong at 90 cents, 8% ahead of
the Zacks Consensus Estimate.
The strong results were driven by the company's DSD
segment, home of the popular Monster Energy drinks, where sales
were up 28% from last year to $437 million.
Financial Profile
Hansen will continue to benefit from its awesome
financial profile, with cash and short-term investments of $699
million and no long-term debt.
Estimates
We saw some decent movement in estimates off the
good quarter, with the current year adding 11 cents to $3.02. The
next-year estimate is projecting 17% earnings growth.
Valuation
In light of the recent gains, Hansen's PEG ratio of
1.59 is above the traditional benchmark of 1 for value.
12-Month Chart
On the chart, HANS recently rebounded from some
short-term volatility to move back within striking distance on the
all-time high. Look for support from the trend on any weakness.
Michael Vodicka is the Momentum Stock Strategist
for Zacks.com. He is also the Editor in charge of the Zacks
Momentum Trader Service.
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