Since investors await the Federal Reserve’s signal on its future course of action on the interest rate hike front at the Jackson Hole conference later this week, the market is expected to remain…
volatile. Many economists expect the Federal Reserve to maintain its hawkish stance in the upcoming months as inflation remains elevated.
Moreover, the 40-year high inflation in the UK, weakening economic data in China, and rising global food prices are adding to investors’ concerns. Barring occasional rallies, the market turbulence caused by the macroeconomic and geopolitical headwinds has led to many quality stocks witnessing sharp declines since the beginning of the year.
Fundamentally sound stocks Bluegreen Vacations Holding Corporation (BVH), Mannatech, Incorporated (MTEX), and Educational Development Corporation (EDUC) are still down more than 30% year-to-date. However, they are rated Strong Buy in our proprietary POWR Ratings system.
Bluegreen Vacations Holding Corporation (BVH)
BVH functions as a vacation ownership company. It markets and sells vacation ownership interests (VOI) and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston, New Orleans, and others.
BVH’s total revenue increased 22% year-over-year to $235.60 million for the first quarter ending June 30, 2022. System-wide sales of VOIs increased 21% from its prior-year quarter to $198.5 million. Its net income amounted to $17.80 million, while its adjusted EBITDA came in at $34.70 million over the period. The company’s EPS stood at $0.87 over the period.
The consensus EPS estimate of $1.21 for the third quarter ending September 2022 represents a 5.6% improvement year-over-year. Analysts expect the company’s revenue to increase 10.5% year-over-year to $237.07 million for the third quarter ending September 2022. The stock has declined 33.9% year-to-date.
BVH’s POWR Ratings reflect this promising outlook. The company has an overall rating of A, which translates to Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
The stock also has an A grade for Value and Quality and a B for Sentiment. Within the B-rated Travel – Hotels/Resorts industry, it is ranked #1 of 21 stocks.
To see additional POWR Ratings for Momentum, Stability, and Growth for BVH, click here.
Mannatech, Incorporated (MTEX)
MTEX operates as a health and wellness company internationally. It develops, markets, and sells nutritional supplements, topical and skin care, anti-aging, and weight-management products. The company primarily sells…
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