The earnings season is going pretty great. According to a report published by Jefferies, around 323 corporations have reported their earnings in the last month or so, and from those 323, around 78 percent have surpassed the estimated EPS. Moreover, 73 percent of those corporations have hit their five year highs. If the situation continues to go like this, chances are that this quarter will be the greatest since 2010. According to the research note, some companies have given a soft guidance for the first part of 2015.
However, chances are that it will pick up in the latter part of the year. The report mentioned a number of companies that did pretty well. However, 4 out of those companies were outstanding. Not only were their guidance reports for the year 2015 very high but they had successfully reported high EPS for the year 2014 as well. These companies include three technology companies and one heath care stock. The first of these is Cambrex Corp. (NYSE:CBM).
It manufactures and provides services to small companies in order to develop therapeutics. What is interesting to note here is the fact that the company deals with APIs (active pharmaceutical ingredients). The company is known for manufacturing dosage products, APIs, enzymatics, and controlled substances. Thomson has a price target of $27.50 on the stocks of Cambrex Corp. (NYSE:CBM). The second one is Freescale Semiconductor Ltd. (NYSE:FSL).
This company is known for providing solutions to the networking, industrial, automotive, and consumer markets. It is known for manufacturing integrated circuits, microcontrollers and microprocessors. The company generates around 45 percent of its income from automotive segment, and its connected car is particularly important. According to the reports of many researchers, the stock’s current price is way down its expected price.
The stocks have a price target of $34.88 whereas they are currently being traded at $32.80. Next company in line is Infinera Corp. (NASDAQ:INFN), which is known for providing high capacity internet for easy operations, reliable enabling and networking operations. Its solutions have a huge demand in not only the private sector but also in the government agencies. The company currently has a price target of $17.17 on its stocks.
On the last trading day of February 10, 2015, it started its stocks at a price of $17.08 and closed at a price of $17.31 after hitting the highest figures of $17.48. The company has a market cap of $2.13 billion with a P/E (price to earnings) ratio of 169.01. The last one is Synaptics Inc. (NASDAQ:SYNA). This corporation is considered a leader in the evolution of human interface. It provides products ranging in the biometric, display or touch portfolio.
The solutions designed by Synaptics (NASDAQ:SYNA) are used in automobiles, PCs, and mobiles. This company has a price target of $92.15 on its stocks. However, it is currently trading in the range of $75.69 to $77.94. On the last trading day, the company opened its stocks at $76.95 and closed at $77.59. It has a market cap of $2.83 billion with a P/E (price to earnings) ratio of 80.38.
