Volcom Research Report 3

Along with this the company maintains a quick ratio

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Unformatted text preview: atio of 7.19, which clearly demonstrates the ability to cover short-term cash needs. Q1 0.31 Q4 0.14 Q3 0.54 Q1 0.17 Q2 0.04 Q4 -0.36 Q3 0.67 Q2 0.20 Q1 0.38 EPS ANALYSIS¹ ($) Powered by its strong earnings growth of 82.35% and other important driving factors, this stock has surged by 63.80% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, VLCM should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year. 2010 NA = not available NM = not meaningful 1 Compustat fiscal year convention is used for all fundamental data items. The net income growth from the same quarter one year ago has significantly exceeded that of the Textiles, Apparel & Luxury Goods industry average, but is less than that of the S&P 500. The net income increased by 78.5% when compared to the same quarter one year prior, rising from $4.22 million to $7.53 million. VOLCOM INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. We anticipate these figures will begin to experience more growth in the coming year. During the past fiscal year, VOLCOM INC's EPS of $0.89 remained unchanged from the prior years' EPS of $0.89. This year, the market expects an improvement in earnings ($1.10 versus $0.89). This report is for information purposes only and should not be considered a solicitation to buy or sell any security. Neither TheStreet.com Ratings nor any other party guarantees its accuracy or makes warranties regarding results from its usage. Redistribution is prohibited without the express written consent of TheStreet.com Ratings, Inc. Copyright(c) 2006-2010. All rights reserved. Report Date: June 27, 2010 PAGE 1 June 27, 2010 NASDAQ: VLCM VOLCOM INC Sector: Consumer Goods & Svcs Apparel, Accessories & Luxury Goods Source: GICS Annual Dividend Rate NA Annual Dividend Yield NA PEER GROUP ANALYSIS Beta 1.83 Market Capitalization $483.1 Million 52-Week Range $11.10-$24.79 Price as of 6/24/2010 $19.82 INDUSTRY ANALYSIS 60% REVENUE GROWTH AND EBITDA MARGIN* FUQI V FA FUQI INTERNATIONAL INC Revenue Growth (TTM): 59.24% EBITDA Margin (TTM): 19.30% AB OR Revenue Growth (TTM...
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This note was uploaded on 10/25/2011 for the course BUS 214 taught by Professor Waker during the Fall '08 term at Cal Poly.

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