The stock is currently valued at 16.8 times its trailing 12 months earnings, but this metric falls to 12.8 when observed for the next 12 months, indicating expectations of continued improvement in financial performance. The stock has a price to sales ratio of 1.12, which is quite low, although debt equity ratio of 1.7 and price to book value of 5.3 indicate it is no longer attractive from a value perspective and further gains will be solely driven by earnings performance.
Foolish bottom line
On a whole, these stocks from different industries would form a diversified but growth-oriented portfolio. QEP Resources Inc (NYSE:QEP) will most likely see its stock price going up further with every passing quarter on the back of increasing production from Bakken resources. On the other hand, the situation is a bit complicated at TiVo and Hanesbrands Inc. (NYSE:HBI), and much will depend on how they tackle operational issues.
Jacob Wolinsky has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Jacob is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
The article What Makes Analysts Bullish About These Stocks? originally appeared on Fool.com and is written by Jacob Wolinsky.
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