Australia Stock Alert

AUSTR

CLOSING UPDATE: Sydney Airport keeps sliding: down 3.9% in 3 days September 20, 2018 16:00:00 AEST

NEWS BITES - AUSTRALIA

This is an end of day Alert, produced after today's Australian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Sydney Airport, Australia's 2nd largest transportation company by market capitalisation, extended its slide on Thursday, shedding an additional 14.0c (or 2.0%) to trade at $A6.98. Trading volume was 2.8 times average at the end of the day. The shares have fallen 28.0c (or 3.9%) over the past three trading days vs. the All Ordinaries Index which has fallen 0.3% in the same period.

Technical indicators complementing today's significant downtrend:

+ The negative 0.02 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price dropped 3.3% in the last week and 3.2% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Earnings of 44.9 [30.6]

+ Price/Sales of 10.6 [2.2]

+ Year-on-Year Earnings Growth of 8.4% [13.8%]

Note

Sydney Airport today is at a discount of 7.8% to the 12-month high of $A7.58 on 22 Aug, 2018. It is at a premium of 13.4% to the 12-month low of $A6.15 on 22 Feb, 2018.

The stock has outperformed 69% of the Australian market over the past 6 months.

Bullish Signals:

In the last three months the stock has hit a new 52-week high four times, pointing to an uptrend.

Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 23.3% in the last 3 years. This is considered superior and suggests a high margin of safety.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Return on Capital Employed 7.3% [6.0%]

TODAY'S ALERT

Morning Alert: Sydney Airport decreases 0.7%

September 20, 2018 11:00:00 AEST

Sydney Airport (ASX:SYD) has decreased 5.0c (or 0.7%) to trade at $A7.07.

RECENT ALERTS

CLOSING UPDATE: Sydney Airport recovers 0.5%

September 18, 2018 16:00:00 AEST

Sydney Airport, Australia's 2nd largest transportation company by market capitalisation, traded on volume of 0.8 times average today while the price decreased 7.0c (or 1.0%) to trade at $A7.19. Compared with the All Ordinaries Index which fell 24.4 points (or 0.4%) in the day, this represented a relative price change of -0.6%.

Morning Alert: Sydney Airport decreases 1.4%

September 18, 2018 11:00:00 AEST

Sydney Airport (ASX:SYD) has decreased 10.50c (or 1.4%) to trade at $A7.16.

Sydney Airport (AU:SYD; ASX:SYD; AX:SYD)

ISIN: AU000000SYD9

PermID: 4296698659

Source: www.BuySellSignals.com