Yesterday after the market closed, small cap supermarket stock The Fresh Market Inc (NASDAQ: TFM) reported earnings and began rising more than 10% in after hours trading, meaning its worth taking a closer look at the stock along with the�performance of other supermarket stocks like SUPERVALU Inc (NYSE: SVU) and Whole Foods Market, Inc (NASDAQ: WFM) that have had or are having their share of troubles.
What is The Fresh Market Inc?Founded in Greensboro, North Carolina in 1982, small cap�The Fresh Market is a specialty grocery retailer focused on perishable product categories, which include meat, seafood, produce, deli, bakery, floral, sushi and prepared foods. The company operates 157 stores in 26 states across the United States, primarily in the Southeast, Midwest and Mid-Atlantic United States.����
Hot Bank Companies To Own In Right Now: Federated National Holding Co (FNHC)
Federated National Holding Company (Federated National), formerly 21st Century Holding Company, is an insurance holding company, which through its subsidiaries and its contractual relationships with its independent agents and general agents, controls all aspects of the insurance underwriting, distribution and claims processes. Federated National is authorized to underwrite homeowners��multi-peril (homeowners), personal umbrella, commercial general liability, following form commercial excess liability, personal and commercial automobile, fire, allied lines, workers��compensation, business personal property and commercial inland marine insurance. On January 26, 2011, Federated National merged into the Company�� other wholly owned subsidiary, American Vehicle Insurance Company (American Vehicle), with resulting entity being Federated National.
Federated National markets and distributes its own and third-party insurers��products and its other services through a network of independent agents. The Company also utilize a select number of general agents for the same purpose. During 2010, the Company processed property and liability claims stemming from its homeowners�� commercial general liability and private passenger automobile lines of business. Through contractual relationships with a network of approximately 4,200 independent agents, of which approximately 400 sell and service its products, Federated National is authorized to underwrite homeowners�� fire, allied lines and personal automobile insurance in Florida.
American Vehicle is licensed as an admitted carrier in Florida, and underwrites commercial general liability, and personal and commercial automobile insurance. American Vehicle is also licensed as an admitted carrier in Alabama, Louisiana, Georgia and Texas, and underwrites commercial general liability insurance in those states. American Vehicle operates as a non-admitted carrier in Arkansas, California, Kentucky, Maryland, Missouri, Nevada, Oklahoma, South ! Carolina, Tennessee and Virginia, and can underwrite commercial general liability insurance in all of these states. During 2010, 79.7%, 12.3%, 4.1% and 3.9% of the premiums the Company underwrote were for homeowners�� commercial general liability, federal flood, and personal automobile insurance, respectively. Federated National internally processes claims made by its insured through its wholly owned claims adjusting company, Superior Adjusting, Inc. (Superior). It also offers premium financing to its own and third-party insured through its wholly owned subsidiary, Federated Premium Finance, Inc. (Federated Premium).
Homeowners��Property and Casualty Insurance
Federated National underwrites homeowners��insurance primarily in the South, West and Central Florida regions. Homeowners��insurance protects an owner of real and personal property against covered causes of loss to that property. The Company�� homeowner insurance products provide maximum dwelling coverage in the amount of approximately $0.8 million, with the aggregate maximum policy limit being approximately $1.5 million. Premium rates are regulated and approved by the Florida OIR.
Commercial Residential Property Insurance
The Florida OIR has granted Federated National the authority to write commercial residential property insurance under the fire line of business. This class of business affords property coverage primarily to associations with property commonly owned by the tenants of the association. Aggregate policy limits ranged between $1.0 million and $20 million. Additionally, Federated National has secured automatic facultative reinsurance for insured values up to $10 million with permission to individually submit attractive risks greater than $10 million to its reinsurers for quote and binding authority.
Commercial General Liability and Inland Marine
The Company underwrite commercial general liability insurance for approximately 350 classes of artisan ! (excludin! g home-builders and developers) and mercantile trades (such as owners, landlords and tenants). The limits of liability range from $100,000 per occurrence with a $200,000 policy aggregate to $1 million per occurrence with a $2 million policy aggregate. The Company markets the commercial general liability insurance products through independent agents and a limited number of general agencies unaffiliated with the Company.
Personal Automobile
Personal automobile insurance markets can be divided into two categories: standard automobile and nonstandard automobile. Standard personal automobile insurance is provided to insureds who present an average risk profile in terms of driving record, vehicle type and other factors. Nonstandard personal automobile insurance is provided to insureds that are unable to obtain standard insurance coverage because of their driving record, age, vehicle type or other factors, including market conditions. During 2010, the average annual premium on policies was approximately $1,325, and the nonstandard personal automobile insurance lines represented 100% of its written premiums for personal automobile insurance. Federated National underwrites new and renewal policies for this coverage on primarily an annual basis and to a much lesser extent, on a semi-annual basis. American Vehicle underwrites standard personal automobile insurance policies.
Flood
Federated National writes flood insurance through the National Flood Insurance Program (NFIP). The Company writes the policy for the NFIP, which assumes 100% of the flood risk while it retains a commission for its service. The average flood policy premium is approximately $570 with limits up to $250,000.
Assurance MGA
Assurance MGA, a wholly owned subsidiary of Federated National, acts as Federated National�� and American Vehicle�� exclusive managing general agent in the state of Florida and is also licensed as a managing general agent in the states of Al! abama, Ar! kansas, Georgia, Illinois, Louisiana, North Carolina, Mississippi, Missouri, New York, Nevada, South Carolina, Texas and Virginia. Assurance MGA has contracted with several unaffiliated insurance companies to sell commercial general liability, workers compensation, personal umbrella and inland marine insurance through Assurance MGA�� existing network of agents. Assurance MGA earns commissions and fees for providing policy administration, marketing, accounting and analytical services, and for participating in the negotiation of reinsurance contracts. The homeowner policy provides Assurance MGA the right to cancel any policy within a period of 90 days from the policy's inception with 25 days��notice, or after 90 days from policy inception with 95 days��notice, even if the risk falls within its underwriting criteria.
Superior
Superior processes claims made by insured from Federated National and American Vehicle. Its agents have no authority to settle claims or otherwise exercise control over the claims process. Federated National also employs an in-house legal department to manage claims-related litigation and to monitor its claims handling practices for compliance.
Federated Premium
Federated Premium provides premium financing to Federated National's, American Vehicle�� and third-party�� insureds. Premium financing has been marketed through the Company�� distribution network of general agents and independent agents. Premiums for property and casualty insurance, in certain circumstances, are payable at the time a policy is placed in- force or renewed. Federated Premium's services allow the insured to pay a portion of the premium when the policy is placed in-force and the balance in monthly installments over a specified term, between six and nine months.
Insure-Link, Inc. (Insure-Link)
Insure-Link serves as an independent insurance agency. The insurance agency markets direct to the public to provide a variety of in! surance p! roducts and services to individual clients, as well as business clients, by offering a line of insurance products, including, but not limited to, homeowners�� personal and commercial automobile, commercial general liability and workers��compensation insurance through their agency appointments with over fifty different carriers. There were no other agency relationships with affiliated captive or franchised agents during 2010.
The Company competes with Castle Key (formerly Allstate Floridian) Indemnity Insurance Company, Fidelity National Insurance Company, Universal Property and Casualty Insurance Company, Royal Palm Insurance Company, St. Johns Insurance Company, Cypress Property and Casualty Insurance Company, American Strategic Insurance Company, Century Surety Insurance Company, Atlantic Casualty Insurance Company, Colony Insurance Company, Burlington/First Financial Insurance Companies, Kingsway Amigo Insurance Company, United Automobile Insurance Company, Direct General Insurance Company, Ocean Harbor Insurance Company, Progressive Casualty Insurance Company, and GEICO.
Advisors' Opinion:- [By Damian Illia]
As we can see, the firm ratio is higher than the ones shown by Alleghany, Fidelity, Federated National Holding Co. (FNHC) and Global Indemnity Plc (GBLI).
- [By , Zacks Investment Research]
Here are five�stocks that made it through this week’s screen:
AmTrust Financial (AFSI) Allied World Assurance (AWH) Chatham Lodging Trust (CLDT) Federated National Holding Co. (FNHC) Whitewave Foods (WWAV)Get the rest of the stocks on this list and start screening for these companies on your own.
- [By Louis Navellier]
Federated Nationals Insurance Company (FNHC) is another little insurance company that is showing huge profits right now. They also specialize in homeowners insurance as well as umbrella liability, workers comp and inland marine policies. Sales and profits were both up triple digits in the most recent quarter and posted an 84% positive earning surprise.
Top Supermarket Stocks To Invest In 2014: Rosetta Resources Inc.(ROSE)
Rosetta Resources Inc., an independent exploration and production company, engages in the acquisition, exploration, development, and production of onshore oil and gas resources in the United States. It owns producing and non-producing oil and gas properties located primarily in South Texas, including the Eagle Ford, and in the Southern Alberta Basin in Northwest Montana. As of December 31, 2011, the company had an estimated 965 billion cubic feet equivalent of proved reserves, including 36,370 million barrels of oil, 50,219 million barrels of natural gas liquids, and 446 billion cubic feet of natural gas, as well as drilled 53 net wells. Rosetta Resources Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Monica Wolfe]
Rosetta Resources (ROSE)
FPA Capital's largest holding is in Rosetta Resources. Here the guru holds on to a total of 1,419,402 shares of the company�� stock which makes up for 9.7% of its total portfolio and 2.32% of the company�� shares outstanding.
- [By Vera Yuan]
��il and gas exploration and production company Rosetta Resources, Inc. (ROSE) rose in anticipation of an ease in regulations on the exportation of condensate, an ultra-light oil that undergoes minimal processing. This could allow the condensate to be exported at higher prices, alleviating a potential condensate glut in the U.S. and benefitting Rosetta.
- [By Tyler Crowe]
Who's doing it the best?
Company % Liquids in�Portfolio Oil Production Replacement Rate (3 Years) Reserve Replacement Costs (3-Year Average) Per boe Rosetta Resources� (NASDAQ: ROSE ) 57% 846% $6.99 Continental Resources� (NYSE: CLR ) 72% 827% $12.61 Laredo Petroleum� (NYSE: LPI ) 52% 1,042% $13.51 SM Energy� (NYSE: SM ) 53% 392% $14.67 SandRidge Energy� (NYSE: SD ) 58% 704% $14.85
It can be pretty handy to evaluate the entire industry on how efficiently it's replacing reserves, but reserve replacement costs can be more effective in evaluating individual companies. The lower the costs, the better it is. According to Ernst & Young, the most effective company at controlling reserve replacement costs is private company�Antero Resources, with a three-year average reserve replacement cost of about $2.88 per barrel of oil equivalent. Antero, and four of the other top five companies on Ernst & Young's list, are almost pure natural gas plays. If we've learned one thing over the past couple of years, it's that oil reserves and natural gas reserves are two totally different things when it comes to value. The five following companies have more than 50% liquids on�their�reserves and had the lowest reserve replacement costs for 2012.Sources: Ernst & Young and S&P Capital IQ; author's calculations.
Top Supermarket Stocks To Invest In 2014: Questar Corporation(STR)
Questar Corporation operates as an integrated natural gas holding company. The company develops and produces natural gas and crude oil from its properties located in the Rocky Mountain region, primarily in the Pinedale, Moxa Arch, Vermillion, and Uinta producing areas. It also provides interstate natural gas-transportation and underground-storage services in Utah, Wyoming, and Colorado; and wellhead automation and measurement services for Rockies oil and gas producers. The company owns and operates approximately 2,568 miles of interstate pipeline with total firm-capacity commitments of 4,983 Mdth per day transporting natural gas from Rocky Mountain producing areas to other pipeline systems, distribution systems, and other utility systems; the Overthrust Pipeline in southwestern Wyoming and the eastern segment of Southern Trails Pipeline, a 487-mile line that extends from the Blanco hub in the San Juan Basin to just inside the California state line near the Arizona border; the White River Hub facilities that connect with 6 interstate-pipeline systems and a processing plant near Meeker, Colorado; the Clay Basin storage facility, an underground-storage reservoir in the Rocky Mountain region; and gathering lines and processing facilities, which provide gas-processing services for third parties near Price, Utah. In addition, it distributes natural gas as a public utility in Utah, southwestern Wyoming, and a small portion of southeastern Idaho. Questar Corporation was founded in 1922 and is headquartered in Salt Lake City, Utah.
Advisors' Opinion:- [By Jason Hall]
If you think natural gas prices could wreak havoc on companies like Clean Energy Fuels� (NASDAQ: CLNE ) �and�Questar's� (NYSE: STR ) refueling division, you probably don't understand how it all adds up "at the pump."
- [By Aimee Duffy]
Customer diversification and fee-based revenue are tough to beat. Let's look at some of QEP's top customers:
Anadarko Petroleum EOG Resources (NYSE: EOG ) Questar (NYSE: STR ) Ultra Resources, a subsidiary of Ultra Petroleum (NYSE: UPL )EOG Resources accounted for 11% of the midstream unit's revenue in 2012, while Questar accounted for 12%. Ultra is one of the two-largest shippers on QEP's Green River 60-mile crude oil pipeline (the other is Chevron).
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Questar (NYSE: STR ) , whose recent revenue and earnings are plotted below. - [By Jonas Elmerraji]
We're seeing the exact same price setup in shares of mid-cap natural gas company Questar (STR), even if the chart looks a little different at first glance. Like REGN, Questar is currently forming a downtrending channel, but in this case, the channel is bounded to the downside by two extra support levels. Don't expect support to provide a reprieve from selling, though – the trend is clearly down from here.
STR is sitting up near trendline resistance right now, which provides an optimal time to exit a position in shares. This stock has gotten swatted down on each of the last three attempts to push through the top of the channel, and with shares slipping for a fourth time, the message is pretty clear that the trendline isn't going to break this time around either.
Enstar is currently forming a descending triangle pattern, a bearish price setup that's formed by a horizontal resistance level below shares and downtrending support pressing to the upside. Basically, as shares of ESGR bounce in between those two technical price levels, they're getting squeezed closer and closer to a breakdown below support at $133. A move through that $133 price level is the signal to sell (or short) this name.
Relative strength is showing no signs of improvement in ESGR right now, which means that even after shedding almost 10% from its highs, this stock is still failing to keep up with the S&P's performance. Keep a close eye on this name while shares remain within reach of $133.
Top Supermarket Stocks To Invest In 2014: CSX Corporation (CSX)
CSX Corporation, together with its subsidiaries, provides rail-based transportation services. The company offers traditional rail service, and the transport of intermodal containers and trailers. It transports crushed stone, sand and gravel, metal, phosphate, fertilizer, food, consumer, agricultural, automotive, paper, and chemical products; and utility, industrial, and export coal to electricity-generating power plants, steel manufacturers, industrial plants, and deep-water port facilities. The company also provides intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States, as well as performs drayage services and trucking dispatch operations. In addition, it operates distribution centers and storage locations; connects non-rail served customers to the benefits of rail by transferring products, such as ethanol and minerals, from rail to trucks; engages in the real estate sale, leasing, acquisition, and management and development activities. CSX Corporation operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as operates approximately 4,000 locomotives. It also serves production and distribution facilities through track connections to approximately 240 short-line and regional railroads. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.
Advisors' Opinion:- [By Jayson Derrick]
Analysts at Deutsche Bank maintained a Hold rating on CSX (NYSE: CSX) with a price target raised to $31 from a previous $27. Shares hit new 52-week highs of $31.22 before closing the day at $31.15, up 0.39 percent.
- [By Wallace Witkowski]
Industrials also play a large role in the coming week with Honeywell International Inc. (HON) , Textron Inc. (TXT) , CSX Corp. (CSX) , Union Pacific Corp. (UNP) �and General Electric Co. (GE) �reporting.
Top Supermarket Stocks To Invest In 2014: Synutra International Inc.(SYUT)
Synutra International, Inc., through its subsidiaries, engages in the production, marketing, and distribution of dairy based nutritional products primarily in the People?s Republic of China. The company offers powdered infant and adult formula products for adults and children under the Super, U-Smart, My Angel, Mingshan, and Helanruniu brand names; prepared baby food for babies and children under the Huiliduo brand name; and nutritional ingredients and supplements, such as chondroitin sulfate, microencapsulated Docosahexanoic Acid, and Arachidonic Acid. It also sells milk powder, whey protein, and raw milk to industrial customers. The company markets its products under Shengyuan or Synutra brands. It sells its products through sales and distribution network covering 30 provinces and provincial-level municipalities in China. Synutra International, Inc. is headquartered in Rockville, Maryland.
Advisors' Opinion:- [By Seth Jayson]
Synutra International (Nasdaq: SYUT ) reported earnings on June 13. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q4), Synutra International missed estimates on revenues and beat expectations on earnings per share. - [By Seth Jayson]
Synutra International (Nasdaq: SYUT ) is expected to report Q4 earnings on June 13. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Synutra International's revenues will contract -9.1% and EPS will decrease -84.6%.
Top Supermarket Stocks To Invest In 2014: Paychex Inc.(PAYX)
Paychex Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small-to medium-sized businesses in the United States and Germany. It offers payroll processing services, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients? payroll obligations. The company also provides payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. Its human resource outsourcing services include payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative, as well as provides employee handbooks, management manuals, and r equired regulatory forms. In addition, the company offers retirement services administration; workers? compensation; business-owner policies; commercial auto; and health and benefits coverage, including health, dental, vision, and life. Further, it provides online human resource administration software products for employee benefits management and administration, and time and attendance solutions. As of May 31, 2010, the company served approximately 536,000 clients in the United States; and 1,700 clients in Germany. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.
Advisors' Opinion:- [By Morgan Housel]
Martin Mucci, CEO, Paychex (NASDAQ: PAYX ) :
I think when you look at some of the economic indicators, housing starts are up, prices are up on housing. I think housing is a really important measure for us because we have a lot of jobs around that. A lot of contracting roofers, et cetera, around that. All of that is positive. And so we're feeling like we're coming off the end of the year with some momentum, and that will certainly help us.
No comments:
Post a Comment