ABM Industries (NYSE:ABM), Coeur Mining (NYSE:CDE), and Ensign Group (NASDAQ:ENSG) are three top small-cap Russell 2000 stocks to watch in July. These companies are poised for growth, backed by strong tailwinds and solid financial performance.
ABM Industries, a provider of janitorial and building maintenance services, has recently acquired Quality Uptime Services to tap into the growing demand for data center maintenance services driven by the expansion of artificial intelligence technology. With a stock price up 13% this year and 19% over the past 12 months, ABM offers an attractive valuation at 12 times earnings and 11 times free cash flow.
Coeur Mining, a precious metals miner with significant gold and silver reserves in North America, is ramping up production at its mines, positioning itself for future growth amid elevated gold and silver prices. Despite a recent net loss, the company’s stock is at an all-time high and shows promise for further expansion.
Ensign Group, a leading operator of skilled nursing facilities, has a growth-by-acquisition strategy that has proven successful in integrating acquisitions and upgrading underperforming facilities. With a recent record high stock price, Ensign is a solid company worth considering for investment.
Overall, these three small-cap stocks present strong growth potential and are worth keeping an eye on as they continue to navigate challenging economic conditions and capitalize on emerging opportunities in their respective industries.
Frequently Asked Questions (FAQs) Related to the Above News
What industries do ABM Industries, Coeur Mining, and Ensign Group operate in?
ABM Industries operates in janitorial and building maintenance services, Coeur Mining operates in precious metals mining, and Ensign Group operates in skilled nursing facility operations.
What recent developments have contributed to the growth potential of these companies?
ABM Industries has acquired Quality Uptime Services to tap into the growing demand for data center maintenance services, Coeur Mining is ramping up production at its mines amid elevated gold and silver prices, and Ensign Group has a growth-by-acquisition strategy that has proven successful in upgrading underperforming facilities.
What are the current stock prices and valuation metrics of these companies?
ABM Industries has a stock price up 13% this year and 19% over the past 12 months, offering an attractive valuation at 12 times earnings and 11 times free cash flow. Coeur Mining's stock is at an all-time high, and Ensign Group has a recent record high stock price.
What makes these companies stand out as top small-cap Russell 2000 stocks to watch?
These companies have strong growth potential backed by solid financial performance, strategic developments, and positioning for future expansion in their respective industries. They are navigating challenging economic conditions and capitalizing on emerging opportunities.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
