Cementos Pacasmayo S.A.A. (CPAC)
Cementos makes cement and cement-related materials
like concrete blocks and ready-mix concrete. Operating for more
than 54 years, the Peru-based company listed on the NYSE in
February 2012. It's a small cap with a market cap of just $1.4
billion.
On Oct 30, the company reported its third quarter
results and beat the Zacks Consensus by 3 cents. It was the first
quarter in which Zacks had a consensus estimate. Sales of goods
rose 19% in the quarter. For the first 9 months of the year, cement
sales volume climbed 17.5% compared to the first 9 months of
2011.
The one covering analyst is expecting double digit
earnings growth in both 2012 and 2013 of 81.5% and 14.3%,
respectively. Shares are currently trading with a forward P/E of
22.4.
It is a Zacks #3 Rank (Hold).
Cencosud S.A. (CNCO)
Cencosud is one of the largest retailers in Latin
America. Headquartered in Chile, it operates supermarkets, home
improvement stores, shopping centers and department stores in
Chile, Brazil, Argentina, Colombia and Peru. On Aug 31, the company
announced it opened Costanera Center, the largest shopping mall in
South America, in Santiago, Chile.
Cencosud was listed on the NYSE in June 2012. With
a market cap of $13.4 billion, it is among the larger Latin
American companies to be listed.
On Oct 19, Cencosud expanded its reach by acquiring
French retailer Carrefour's operations in Colombia for $2.6
billion. Carrefour operated 72 hypermarkets, 16 convenience stores
and four cash-and-carry stores.
The company is scheduled to report its third
quarter results on Dec 1. But in the second quarter it saw revenue
rise 22% and double digit same store sales in Argentina.
There is also only one estimate for 2012 and 2013
on Cencosud. There hasn't yet been a consensus for a quarter. But
the one covering analyst expects earnings growth of 22.2% in 2013.
Shareholders also get a dividend which is yielding 2.1%.
It is a Zacks #3 Rank (Hold).
Grupo Financiero Santander Mexico, S.A.B. de
C.V. (BSMX)
Santander Mexico is one of Mexico's largest banks
with 1,123 branches throughout Mexico. It provides retail and
commercial banking, securities brokerage and financial advisory
services to both individuals and corporations.
This is the newest of the group, having gone public
in September 2012. Zacks does not yet have estimate data on the
company because the IPO is too recent. It might take a few months
for analysts to take up coverage and for data to come in. With a
market cap of $19.3 billion, I would expect some analyst
coverage.
On Oct 25, the bank reported its third quarter
results. It saw a 14.9% year-on-year increase in net interest
income and 28.6% growth in both consumer loans and credit cards.
Loans to small and medium enterprises also climbed 78.4%.
There's no Zacks Rank yet.
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Tracey Ryniec is the Value Stock Strategist for Zacks.com.
She is also the Editor of the Turnaround Trader and Value Investor
services. You can follow her on twitter at @TraceyRyniec.
(BSMX): ETF Research Reports
(BSMX): ETF Research Reports
(CNCO): ETF Research Reports
(CNCO): ETF Research Reports
(CPAC): ETF Research Reports
(CPAC): ETF Research Reports
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