Today, we have shortlisted 15 Canadian stocks across sectors which have registered positive earnings surprise by beating the consensus earnings estimates of analysts polled by Bloomberg during the second quarter of 2014. These stocks have reported strong growth in sales and earnings during the quarter with strong operating margins and provide high return on equity (ROE). We note that during the past three months, a majority of these stocks have accumulated gains with daily average trading volumes in excess of 100,000 shares.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change |
Sales Growth* |
Reported Sales above Estimates |
EPS Growth* |
Reported EPS above Estimates |
Operating Margin* |
Return On Equity |
|
WaterFurnace Renewable Energy Inc |
WFI |
TSX |
377.1 |
30.50 |
108,610 |
25.4% |
29.7% |
+5.5% |
33.3% |
+10.3% |
8.8% |
31.7% |
|
Contrans Group Inc |
CSS |
TSX |
516.5 |
15.20 |
224,478 |
2.8% |
15.9% |
+3.0% |
31.8% |
+13.3% |
9.0% |
28.0% |
|
Linamar Corp |
LNR |
TSX |
4,081.9 |
63.00 |
248,121 |
0.7% |
18.9% |
+2.8% |
46.8% |
+7.4% |
11.5% |
21.4% |
|
Raging River Exploration Inc |
RRX |
TSX |
1,766.5 |
9.82 |
1,155,450 |
-1.8% |
170.1% |
+1.9% |
183.3% |
+11.9% |
50.0% |
18.4% |
|
Petrowest Corp |
PRW |
TSX |
196.7 |
1.31 |
2,665,911 |
12.0% |
12.5% |
+6.2% |
66.7% |
+16.7% |
9.1% |
17.9% |
|
Great Canadian Gaming |
GC |
TSX |
1,259.9 |
18.58 |
119,143 |
23.7% |
12.3% |
+8.2% |
70.6% |
+46.5% |
31.0% |
17.6% |
|
WestJet Airlines Ltd |
WJA |
TSX |
3,665.2 |
28.71 |
485,056 |
19.6% |
10.3% |
+1.8% |
20.6% |
+43.9% |
8.4% |
17.0% |
|
CCL Industries Inc |
CCL/B |
TSX |
4,010.5 |
115.86 |
104,771 |
9.9% |
80.0% |
+3.6% |
109.1% |
+7.0% |
12.6% |
14.4% |
|
Canadian Western Bank |
CWB |
TSX |
3,307.2 |
41.22 |
219,099 |
11.7% |
10.4% |
+1.4% |
18.5% |
+6.4% |
49.1% |
14.3% |
|
CanElson Drilling Inc |
CDI |
TSX |
676.3 |
7.31 |
397,058 |
-3.2% |
65.1% |
+15.0% |
200.0% |
+30.4% |
17.3% |
11.4% |
|
TransGlobe Energy Corp |
TGL |
TSX |
509.1 |
6.80 |
583,445 |
-3.0% |
12.0% |
+18.2% |
150.0% |
+72.4% |
48.8% |
10.3% |
|
DeeThree Exploration Ltd |
DTX |
TSX |
984.3 |
11.08 |
634,526 |
8.4% |
149.7% |
+1.2% |
133.3% |
+31.3% |
38.3% |
9.7% |
|
WSP Global Inc |
WSP |
TSX |
2,186.3 |
35.28 |
119,339 |
-6.2% |
16.7% |
+16.5% |
21.2% |
+5.9% |
5.4% |
7.4% |
|
RMP Energy Inc |
RMP |
TSX |
987.7 |
8.09 |
1,733,935 |
1.5% |
101.0% |
+3.8% |
200.0% |
+27.3% |
40.4% |
6.9% |
|
Essential Energy Services |
ESN |
TSX |
324.6 |
2.58 |
351,464 |
4.9% |
37.3% |
+21.0% |
42.9% |
+35.5% |
13.8% |
4.3% |
Source: Bloomberg
* As per latest reported quarter (Q2’14)
Company Description:
WaterFurnace Renewable Energy Inc (TSX: WFI)
WaterFurnace Renewable Energy, Inc. manufactures and distributes geothermal heating and cooling systems for residential and commercial applications. The company’s products are sold and serviced throughout the United States, Canada, Europe, Asia, and Australia.
Contrans Group Inc (TSX: CSS)
Contrans Group, Inc. provides transportation services throughout Canada and the United States. The company provides shippers with flatbed, van, dry tank, liquid tank and dump trailer equipment services, as well as third party logistic solutions.
Linamar Corp (TSX: LNR)
Linamar Corporation manufactures precision machine components, assemblies, and castings primarily for the automotive industry. The company also sells to the defense and aerospace industries. Linamar manufactures engines, transmissions, drivelines, steering, suspension components, and brake components.
Raging River Exploration Inc (TSX: RRX)
Raging River Exploration Inc. is an oil and gas exploration company. The company is focused on unconventional viking light oil play of the Dodsland area in western Saskatchewan.
Petrowest Corp (TSX: PRW)
Petrowest Energy Services Corp. is an oilfield services company. The company provides pre-drilling and post completion services to the northern region of the Western Canadian Sedimentary Basin.
Great Canadian Gaming Corp (TSX: GC)
Great Canadian Gaming Corporation, through its subsidiary operates a number of casinos in British Columbia, Canada.
WestJet Airlines Ltd (TSX: WJA)
WestJet Airlines Ltd. is a low-fare airline that provides scheduled passenger jet service across Canada and to United States destinations. The company also provides charter service for Transat A.T. to destinations in the United States, Mexico, and the Caribbean.
CCL Industries Inc (TSX: CCL/B)
CCL Industries Inc. supplies manufacturing services and specialty packaging products for the non-durable consumer products market. The company provides formulation and manufacturing services, labels, aluminum and plastic specialty tubes, containers, and closures to marketers of cosmetic, personal care, pharmaceutical, household, and specialty food products.
Canadian Western Bank (TSX: CWB)
Canadian Western Bank is a Schedule I chartered bank which operates in western Canada. The Bank provides commercial loans, energy loans, construction and real estate project financing, and industrial equipment financing. Canadian Western’s retail services include a variety of mortgages, consumer loans, and deposit products.
CanElson Drilling Inc (TSX: CDI)
CanElson Drilling, Inc. manufactures, acquires and operates drilling rigs for the oil and natural gas industry. The company operates in the western Canadian Sedimentary Basin, the Permian Basin of west Texas, and the Ebano-PanucoCacalilao fields of Mexico.
TransGlobe Energy Corp (TSX: TGL)
TransGlobe Energy Corporation is an oil and gas exploration, development, and production company. The company owns interests in production sharing agreements in Yemen, producing properties in Alberta, Canada, and interests in exploration properties in Yemen, Canada, and Egypt.
DeeThree Exploration Ltd (TSX: DTX)
DeeThree Exploration Ltd. explores for and produces oil and natural gas. The company provides gas transportation through its usage of natural gas production. DeeThree Exploration mines in Canada.
WSP Global Inc (TSX: WSP)
WSP Global Inc. offers engineering services. The company offers professional services in the areas of construction, energy, the environment, mining, municipal infrastructure, project management, telecommunications, and transportation.
RMP Energy Inc (TSX: RMP)
RMP Energy Inc. is an oil and gas exploration and production company. The company explores for and produces oil and natural gas in West Central Alberta and southeastern Saskatchewan.
Essential Energy Services Ltd (TSX: ESN)
Essential Energy Services Limited provides essential oilfield services to oil and gas wells in Canada. The company’s service rigs are used to repair, recomplete and stimulate existing oil and natural gas wells and perform completion work on new wells.
