Based on the aggregated intelligence of 120,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, mining equipment maker Joy Global (Nasdaq: JOYG) has earned a coveted five-star ranking. Our data has shown that five-star stocks outperform the market by a significant margin; conversely, one-star stocks have woefully lagged the market average.
With that in mind, let's take a closer look at Joy Global's business, and see what CAPS investors are saying about the stock right now.
Joy Global facts
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Headquarters (Founded)
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Milwaukee, Wisconsin (1884)
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Market Cap
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$3.06 billion
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Industry
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Farm & Construction Machinery
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TTM Revenue
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$3.12 billion
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Management
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CEO Michael Sutherlin (since December 2006)
Acting CFO James Tate (since March 2008)
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Return on Equity (average last three years)
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44.8%
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Dividend Yield
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2.2%
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Competitors
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Caterpillar (NYSE: CAT),
Bucyrus International (Nasdaq: BUCY)
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CAPS members bullish on JOYG also bullish on
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Freeport-McMoRan Copper & Gold (NYSE: FCX),
Vale (NYSE: RIO)
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CAPS members bearish on JOYG also bearish on
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KB Home (NYSE: KBH),
Starbucks (Nasdaq: SBUX)
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Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.
Over on CAPS, fully 1,238 of the 1,260 members who have rated Joy Global -- some 98% -- believe the stock will outperform the S&P 500 going forward. These Foolish bulls include CAPS All-Star OutyRocks and aitraders.
In late October, OutyRocks made this joyful prediction:
If you believe the stock market is a leading indicator, then [Joy Global] is already discounted for a global recession. If you have the intestinal fortitude to weather this storm, you have to buy and hold now. In 4-5 years it is an $80 stock.
A pitch from aitraders just three days earlier shares that sentiment, running down several of the stock's bullish features:
over 40% ROE, actually grew in 3Q, improving and lowering operating costs/efficiencis, recently approved another 1 billion share buy back bringing share count under 100m, best margins in the industry and the largest player in machinery for the coal business, which is the cheapest most abundant resource for energy in every country in the world.
What do you think about Joy Global, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 120,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.
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