Avista Corporation (AVA)

Avista Corporation (AVA $38.27)
- $38.27 P/E (TTM): 17.34X Cap: $3.10B
- View AVA Profile
- View Questions on AVA

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

Texas Instruments Incorporated (TXN $160.51)
- $160.51 P/E (TTM): 29.3X Cap: $144.55B
- View TXN Profile
- View Questions on TXN
Leggett & Platt Incorporated (LEG $9.53)
- $9.53 P/E (TTM): 8.05X Cap: $1.28B
- View LEG Profile
- View Questions on LEG
Target Corporation (TGT $92.92)
- $92.92 P/E (TTM): 10.96X Cap: $42.22B
- View TGT Profile
- View Questions on TGT
Avista Corporation (AVA $38.27)
- $38.27 P/E (TTM): 17.34X Cap: $3.10B
- View AVA Profile
- View Questions on AVA

Q: TD advises that "growth at LEG (Leggatt & Platt) is below the industry average, and worse, is declining. The most recent EPS was $2.00, a decrease of -32.4% YOY.

Should I be kicking this one out of US portion of portfolio? If so, why?

Looking for steady income in US dollars.

If I'm kicking out LEG, what else might you suggest?

Thanks.

Read Answer Asked by Sylvia on July 14, 2023

Leggett & Platt Incorporated (LEG $9.53)
- $9.53 P/E (TTM): 8.05X Cap: $1.28B
- View LEG Profile
- View Questions on LEG
goeasy Ltd. (GSY $167.10)
- $167.10 P/E (TTM): 10.15X Cap: $2.68B
- View GSY Profile
- View Questions on GSY
- View Reports on GSY
Lazard Inc. (LAZ $48.77)
- $48.77 P/E (TTM): 16.39X Cap: $5.49B
- View LAZ Profile
- View Questions on LAZ
Avista Corporation (AVA $38.27)
- $38.27 P/E (TTM): 17.34X Cap: $3.10B
- View AVA Profile
- View Questions on AVA
OneMain Holdings Inc. (OMF $55.75)
- $55.75 P/E (TTM): 10.45X Cap: $6.62B
- View OMF Profile
- View Questions on OMF

Q: In a response a couple of weeks ago you briefly compared GSY and OMF. You indicated that you "consider these two solid for those interested in playing the debt theme". Do you feel any differently now.?
Since neither company rely on customer deposits, is there any reason why OMF has fallen so much more in the last week other than being in the financial business in the US?
How much has the risk changed for investors, compared to GSY? With the big drop in price and corresponding rise in yield (11.8%) do you see OMF more compelling to start a position mostly for income and some growth?
Lastly, which other high quality small to mid size US companies in other sectors would you consider if the goal was mostly income?

Read Answer Asked by Alvin on March 21, 2023