Top 10 Low Price Companies To Watch In Right Now

Top 10 Low Price Companies To Watch In Right Now: Lexmark International Inc.(LXK)

Lexmark International, Inc., together with its subsidiaries, engages in the development, manufacture, and supply of printing, imaging, document workflow, and content management solutions for offices in North and South America, Europe, the Middle East, Africa, Asia, the Pacific Rim, and the Caribbean. It offers monochrome and color laser printers, laser multifunction products, inkjet all-in-one devices, dot matrix printers, and cartridges and other supplies; and services and solutions, including maintenance, consulting, and systems integration, as well as managed print services, such as asset lifecycle management, implementation and decommissioning services, consumables management, optimization services, and utilization management. The company also provides enterprise content management (ECM) software products, including ImageNow document management, document imaging, and workflow suite that allows users to capture, process, and collaborate on important documents and inform ation, protect data integrity throughout its lifecycle, and access precise content; and industry specific workflow solutions for the healthcare, higher education, government, and financial services industries, as well as for back office functions, including accounting, human resources, contracts, and records. Its software modules include Retention Policy Manager to manage the complete lifecycle of content from creation to destruction or disposition; Business Insight, which integrates IBM Cognos to provide industry and business process dashboards, operational and ad-hoc reporting, and report design tools; workflow software that automates processing steps, simplifies work tasks, and provides real-time monitoring; and eForms module, which enables the online entry and collection of raw data in electronic forms that are accessible from Web sites and p! ortals. The company was founded in 1990 and is headquartered in Lexington, Kentucky.

Advisors' Opinion:

• [By Lee Jackson]

  Lexmark International Inc. (NYSE: LXK) is another name that has slowly, but surely, lost its cache as an industry leader. Once one of the premiere names in high-end printers, the company continues to lose market share. It also has very little to offer in terms of innovation and new and exciting products. The stock does pay shareholders a solid 2.9% dividend. The Merrill Lynch price target is $31, and the consensus price target is $31.75. That is far below Friday’s closing price of $41.12.

• [By Evan Niu, CFA]

  What: Shares of Lexmark (NYSE: LXK  ) have popped today by greater than 17% following the company's first-quarter earnings release.

  So what: Revenue in the quarter came in at the high end of guidance at $884 million, topping the consensus estimate of $873.6 million. The same is true for Lexmark's non-GAAP earnings per share of $0.88, which was more than the $0.87 per share adjusted profit that investors were expecting. CEO Paul Rooke said Lexmark continues to transition from a hardware-centric model to a solutions-centric approach, which is underscored by the recent acquisitions of two software companies and the sale of the inkjet business.

• [By Rich Duprey]

  Printer maker Lexmark (NYSE: LXK  ) announced yesterday its third-quarter dividend of $0.30 per share, the same rate it's paid for the past five quarters after raising the payout 20% from $0.25 per share.

source from Top Stocks Blog:http://www.topstocksblog.com/top-10-low-price-companies-to-watch-in-right-now.html