(TNL) - Technitrol, Inc - topped analysts’ earnings expectations for the past five quarters by an average margin of 26.4%

Technitrol, Inc. (TNL) exceeded analysts’ earnings expectations for the past five quarters by an average margin of 26.4%. Consensus earnings estimates for both this year and next have risen over the past two months. This Zacks #1 Rank stock has a current dividend yield of 1.5% and a five-year average dividend yield of 0.59%. The company has a price-to-book ratio of 2.0, compared to 4.8 for the market. Full Analysis Technitrol, Inc. is a worldwide producer of electronic components, electrical contacts and assemblies and other precision-engineered parts and materials for manufacturers in the data networking, broadband/Internet access, telecommunications, military/aerospace, automotive and electrical equipment industries. TNL topped analysts’ earnings expectations for the past five quarters by an average margin of 26.4%. During each the last four quarters, the company surprised by a double-digit percentage. On Oct 30, TNL reported third-quarter earnings per share of 49 cents. The result amounted to a 14.0% positive earnings surprise with analysts projecting 43 cents per share. Even more remarkable was the year-over-year improvement—profits in the prior-year period were 16 cents per share. Consolidated revenues ballooned 75.1% to $257.7 million from $147.2 million in the third quarter of 2005. For the first nine months of the year, profits came in at $42.4 million versus a loss of $33.2 million for the first nine months of last year. Revenues soared 66.2% to $718.0 million from $431.9 million. TNL recently announced that one of its business segments, Pulse, a worldwide leader in electronic component and subassembly design and manufacturing, acquired certain Radiall/Larsen assets owned by Radiall Incorporated. As a result, the company will expand its antenna portfolio well beyond mobile handset applications. Vice President Jouni Anttila stated, “Larsen's portfolio complements Pulse's mobile in-building WiFi and WiMax solutions, while opening new market segments such as automotive telematics, RFID and public safety.” The consensus earnings estimate for this year currently resides at $1.71. This represents a six-cent improvement when compared to the consensus of 60 days earlier. Profit forecasts for next year jumped seven cents to $1.99 over the same period of time. On Oct 31, the Board of Directors declared a quarterly cash dividend of 8.75 cents per common share of stock. The dividend is payable on Jan 19, 2007 to shareholders of record as of Jan 5, 2007. TNL has a current dividend yield of 1.5% and a five-year average dividend yield of 0.59%. TNL is currently trading at a valuation of 14.4x trailing 12-month earnings and at 13.4x current fiscal-year estimated earnings. The market, as represented by the S&P 500, is trading at a valuation of 17.3x trailing 12-month earnings and at 16.6x its current fiscal-year estimated earnings. The company has a price-to-book ratio of 2.0, compared to 4.8 for the market. TNL’s return on equity nearly doubles that of the industry average—14% compared to 8%. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home