While the stock market, as measured by the S&P/ASX 200 index, has eked out a 7.5% return in the last 12 months – which dividends boost to 11.4% – there are plenty of companies that do not match that return, for various reasons, which could be related to the broader economy, or specific to the individual business.
Here are 4 stocks that have not participated in the market’s rise over the last year, which could be poised to change direction.
1. Bapcor (BAP, $5.82)
Market capitalisation: $1.6 billion
12-month total return: –7.9%
FY20 projected dividend yield: 3.3%, fully franked
Analysts’ consensus target price: $6.80 (Thomson Reuters), $6.99 (FN Arena)