Sunday, October 14, 2012

Missouri Corp Stock Prices Up an Average 63% Since President Obama Took Office

In a recent post, from an extensive review of SEC filings, I found 71 Corps headquartered in the State of Missouri, which generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the most recent three fiscal years.

In this past recent post, I also found that these 71 Largest Missouri Corps filing with the SEC had Audited under US Generally Accepted Accounting Principles (US GAAP) Total After-tax Net Income of $10.4 bil in the most recent fiscal year 2011, which was a profit improvement of $3.7 bil, or an increase of 55%, as compared with the $6.7 bil of After-tax Net Income generated by these same 71 Missouri companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.

Missouri Corp 2011 Earnings 

Since corporate earnings drive stock prices, in this post I turn my attention to just how well the stock market prices of these Missouri Corps have performed since President Obama took office.

Of these 71 Missouri Corps, only 50 of them had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on Friday, October 12, 2012.

I retrieved all of the below stock market closing price information from the excellent Big Charts.com website.

These 50 Missouri Corps had an average stock market price increase of a robust 63% since President Obama took office on January 20, 2009.  This is slightly better than the increase in the Dow Industrials Index of 61% and a little bit short of the 69% increase in the S&P 500 Index, both over the same time span.

Missouri citizens have to be happy with the stock market performance of their many fine Missouri companies during the Obama Administration.

And Missouri citizens also must be very pleased with how the Obama Administration worked so hard and very effectively on so many fronts to create a US economic environment that permitted these Missouri companies to flourish.  This highly successful effort created a robust US economic environment which was quite a change from what existed in the just horrible financial meltdown, near Depression year of 2008.

When I think of the Obama Administration, the thought that comes top of mind is whole-scale competence.  But frankly, it's also pretty clear to me that the Obama Administration is just not very good at selling its many accomplishments, particularly on the economic front.

Below here are the common stock market closing prices of each of these 50 Missouri companies at both the most recent date, and also at the date just before President Obama took office, as well as the percentage stock market price changes for this period of time.


Market Market Percentage

Missouri Price Price Increase

HQs 10-12-12 1-16-09 (Decrease)





S&P 500 Index 1,428.59 850.12 68%
Dow Industrials Index 13,328.85 8,281.22 61%





Companies Headquartered in Missouri



Kansas City Southern Kansas City $75.15 $17.79 322%
Cerner Kansas City $72.42 $20.05 261%
Panera Bread St Louis $167.95 $48.03 250%
American Railcar Industries St Charles $28.24 $8.72 224%
Great Southern Bancorp Springfield $30.35 $10.27 196%
O'Reilly Automotive Springfield $83.30 $28.54 192%
Perficient St Louis $11.75 $4.37 169%
Belden St Louis $37.26 $14.18 163%
Brown Shoe St Louis $16.35 $6.53 150%
Southern Missouri Bancorp Poplar Bluff $23.94 $10.00 139%
Express Scripts St Louis $63.56 $26.63 139%
Young Innovations Earth City $37.56 $15.99 135%
Isle of Capri Casinos St Louis $6.45 $3.09 109%
LMI Aerospace St Charles $20.61 $9.95 107%
Jack Henry Monett $37.86 $18.97 100%
Novation Companies Kansas City $0.56 $0.29 93%
Centene St Louis $35.59 $19.08 87%
Sigma Aldrich St Louis $71.90 $38.75 86%
Leggett & Platt Carthage $24.71 $13.78 79%
Entertainment Properties Trust Kansas City $44.86 $25.41 77%
Amdocs Ltd Chesterfield $32.20 $19.22 68%
Energizer Holdings St Louis $72.75 $47.38 54%
DST Systems Kansas City $56.31 $36.72 53%
Cass Information Systems Bridgeton $42.16 $27.60 53%
Ralcorp St Louis $72.91 $49.83 46%
Reinsurance Group Chesterfield $57.10 $39.63 44%
Emerson Electric St Louis $48.35 $33.65 44%
Olin Clayton $21.31 $17.01 25%
Stifel Financial St Louis $31.75 $25.49 25%
Inergy LP Kansas City $20.38 $16.58 23%
Commerce Bancshares Kansas City $39.13 $32.20 22%
Zoltek Companies St Louis $7.75 $6.93 12%
Build a Bear Workshop St Louis $4.03 $3.62 11%
Monsanto St Louis $88.57 $79.61 11%
UMB Financial Kansas City $46.25 $41.95 10%
Enterprise Financial Clayton $13.74 $12.48 10%
Pulaski Financial St Louis $8.15 $7.52 8%
Peabody Energy St Louis $25.71 $23.91 8%
Spartech Clayton $5.24 $5.10 3%
NASB Financial Grandview $22.43 $22.20 1%
Aegion Corp Chesterfield $18.63 $19.95 -7%
Esco Technologies St Louis $35.02 $37.73 -7%
Kansas City Life Insurance Kansas City $38.03 $44.26 -14%
H&R Block Kansas City $16.92 $20.88 -19%
Furniture Brands Intl St Louis $1.23 $1.83 -33%
Arch Coal St Louis $7.62 $16.75 -55%
Stereotaxis St Louis $1.08 $3.00 -64%
MEMC Electronic Materials St Peters $2.39 $14.76 -84%
CPI Corp St Louis $0.18 $4.72 -96%
Patriot Coal St Louis $0.19 $5.70 -97%





Average Increase: all 50 Missouri Corps


63%





S&P 500 Index 1,428.59 850.12 68%
Dow Industrials Index 13,328.85 8,281.22 61%