1113

ZG INDEX

Several firms see decrease in price-per-share, six have net increase While only one firm on the Index took a big loss last month, only six firms had a net increase in stock price with only one seeing an increase in the double digits. Willdan Group (Anaheim, CA) saw loss of 22 percent of its stock price from month to month. Stock analyst company ZACKS released a research report stating: “New home sales in the U.S. increased 2.2 percent in April, reaching the highest level in almost seven years — beating market expectations and signaling a bright outlook for the housing sector in the second half of the year.” This prompted them to suggest AECOM (Los Angeles, CA) and Willdan Group to be among the top companies to take advantage of the market increase in the housing sector. Ecology & Environment (Lancaster, NY) saw the biggest increase in its price-per-share at 15 percent. The 1,000-person environmental con- sulting firm primarily serves the waste management market and reported a 9 percent increase in revenue from U.S. operations. The firm also reported a reduction in operating expenses, resulting in a net income of $1.8 million ($0.42 per share) for the third quarter of

fiscal year 2015, up $2.1 million, which is a 700 percent improvement from a net loss of $0.3 million ($0.08 per share) reported in the third quarter of 2014. While Stantec (Edmonton, AB) has not seen an increase in stock price and is just below its 50-day moving average, the firm has seen tremendous revenue growth, 65 percent of which is from its many acquisitions. The team there has become known for its successful acquisition and integration of many smaller domestic A/E firms as they seek to increase their foothold in the American marketplace. Despite winning several new awards CB&I , (The Hague, Netherlands) international powerhouse engineering firm, is down 8 percent in price-per-share and is 11.42 percent behind its 50-day moving aver- age. Though most firms on the index saw a decrease in price per share over the last month and many are also lagging behind their 50-day moving average you can expect to see some increases in the more reliable growth companies as we progress through the busy con- struction season and more and more projects are awarded. — Ryan Renard, financial analyst/consultant

Share Pricing

Valuation

Ticker

Name

Market

Market Close Cap Apr. 30, 2015

Close Beginning of % Month

Change % Change EPS

EV/

EV/ Price/ Price/

Book Value

May 29, 2015

Month Change

Change

from 50 -day MA

Rev. EBITDA Sales

ACM

AECOM Technology Corp

NYSE

4.86B

33.03

33.08

0.05

(1.28)

-3.81%

(0.05)

0.71 12.74 0.37

1.43

AMFW Amec Foster Wheeler

NYSE

4.89B

14.62

12.92

(1.70)

-12%

(1.20)

-8.70%

0.42

1.02 13.51 0.79

1.59

CBI

Chicago Bridge and Iron Co.

NYSE

5.17B

54.26

50.04

(4.22)

-8%

(6.14)

-11.42%

5.37

0.58 6.10 0.41

1.91

EEI

Ecology and Environment

Nasdaq

44.63M

9.04

10.43

1.39

15%

0.75

7.72%

0.43

0.33 6.62 0.36

1.19

EME

EMCOR Group Inc

NYSE

2.99B

45.37

47.77

2.40

0.65

1.39%

2.43

0.47 8.91 0.47

2.09

ENG

ENGlobal

Nasdaq

36.69M

1.50

1.35

(0.15)

-10%

(0.15)

-10.10%

0.17

0.32 4.66 0.37

1.29

EXPO

Exponent Inc.

Nasdaq

1.18B

42.56

44.78

2.22

1.83

4.21%

1.52

3.50 14.64 4.00

4.60

FLR

Fluor Corp

NYSE

7.66B

56.22

53.01

(3.21)

-6%

(3.78)

-6.79%

3.23

0.34 5.08 0.37

2.53

HIL

Hill International Inc

NYSE

264.46M

5.30

5.26

(0.04)

-1%

(0.11)

-2.07%

(0.22)

0.66 9.87 0.45

1.79

JEC

Jacobs Engineering Group

NYSE

5.01B

43.26

40.62

(2.64)

-6%

(3.00)

-7.00%

2.56

0.45 6.80 0.40

1.17

KBR

KBR Inc.

NYSE

2.71B

19.15

19.48

0.33

(0.67)

-3.42%

(8.09)

0.35 (11.60) 0.45

3.17

STN

Stantec Inc

NYSE

2.68B

27.64

29.21

1.57

(0.03)

-0.12%

1.44

1.75 12.94 1.54

2.89

TRR

TRC Companies

NYSE

328.37M

10.26

10.15

(0.11)

-1%

0.36

3.47%

0.58

0.68 7.28 0.80

2.24

TTEK

Tetra Tech Inc.

Nasdaq

1.53B

26.16

25.64

(0.52)

-2%

(0.45)

-1.75%

1.47

0.96 11.47 0.85

1.66

VSR

Versar Inc.

NYSE MKT

35.7M

3.69

3.94

0.25

(0.17)

-4.41%

(0.05)

0.38 21.70 0.28

0.93

WLDN

Willdan Group Inc

Nasdaq

83.75M

14.36

11.18

(3.18)

-22%

(2.42)

-18.41%

1.22

0.74 8.46 0.73

2.55

DJIA

DOW Jones Industrial Avg.

NYSE

18010.68 17619.51

(391.17)

-2%

*information at close of day July 6, 2015

Average

0.83x

8.7x 0.79x 2.06x

Median

0.62x 8.69x 0.45x 1.85x

TRANSACTIONS

CALL SIGN ENGINEERS ACQUIRED BY DRAPER ADEN ASSOCIATES Draper Aden Associates (Fayetteville, NC) has announced the acquisition of Call Sign Engineers (Fayetteville, NC). “Our partnership combines the expertise of an established North Carolina company with the resources and capabilities of an ENR Top 500 design firm. This acquisition further strengthens our core services and expands our overall capabilities by opening an additional North Carolina office.” Drape Aden said in a release.

THE ZWEIG LETTER JULY 27, 2015, ISSUE 1113

Made with FlippingBook Annual report