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% |
