Australia Stock Alert

AUSTR

CLOSING UPDATE: Macquarie Group increased 1.2%, led Diversified financials sector higher July 25, 2017 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).

Macquarie Group, Australia's largest diversified financials company by market capitalisation, has increased 1.2% to trade at $A85.66 vs. the Diversified financials sector which strengthened 72.3 points (or 1.1%) to 6,869.0. Representing a weighting of about 31.0% of the sector, the stock accounted for 34.2% of today's gain. Trading volume was 65% of average at the end of the day. Compared with the All Ordinaries Index which rose 37.3 points (or 0.7%) in the day, this represented a relative price increase of 0.5%.

Technical indicators complementing today's significant uptrend:

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

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

Undervaluation:

+ Price/Earnings of 13.3 [17.8]

+ Price/Earnings/Growth of 0.64 [2.0]

+ Price/Sales of 1.5 [2.8]

+ Price to Book of 2 [2.4]

+ Return on Equity 14.2% [11.7%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued and ranks in the top 3% of stock by value of Q Ratio.

+ Net profit margin has averaged 33% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 14.2% is better than sector average of 11.7%.

Note

Macquarie Group today is at a discount of 8.3% to the 12-month high of $A93.43 on 08 May, 2017. It is at a premium of 24.6% to the 12-month low of $A68.76 on 29 Jul, 2016.

Bearish Signals:

The negative 0.86 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The price decreased 1.4% in the last week and sank 4.2% in the last month.

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

Overvaluation:

Return on Assets 1.2% [1.9%]

Year-on-Year Earnings Growth of 7.4% [8.8%]

TODAY'S ALERT

Morning Alert: Macquarie Group increases 1.0%

July 25, 2017 11:00:00 AEST

Macquarie Group Limited (ASX:MQG) has increased 85.0c (or 1.0%) to trade at $A85.52.

RECENT ALERTS

CLOSING UPDATE: Macquarie Group in 3rd consecutive fall, nears four-month low

July 24, 2017 16:00:00 AEST

Macquarie Group, Australia's largest diversified financials company by market capitalisation, slipped further on Monday, sliding an additional 83.0c (or 1.0%) to trade at $A84.67. The stock decreased 1.18% on Thursday and 0.7% on Friday bringing its 3-day fall to 2.8%. It is now approaching its 95-day low of $A84.24. Compared with the All Ordinaries Index which fell 33.2 points (or 0.6%) in the day, this represented a relative price change of -0.4%.

Afternoon Alert: Macquarie Group in 3rd consecutive fall, nears four-month low

July 24, 2017 13:00:00 AEST

Macquarie Group Limited (ASX:MQG) slipped further on Monday, sliding an additional $A1.10 (or 1.3%) to trade at $A84.40. The stock decreased 1.18% on Thursday and 0.7% on Friday bringing its 3-day fall to 3.1%. It is now approaching its 91-day low of $A84.35.

Macquarie Group Limited (AU:MQG; ASX:MQG; AX:MQG)

ISIN: AU000000MQG1

PermID: 5000055834

Source: www.BuySellSignals.com