Australia Stock Alert

AUSTR

CLOSING UPDATE: Woodside Petroleum hits 52-week high third time in one month September 21, 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).

Woodside Petroleum, Australia's largest energy company by market capitalisation, hit a 52-week high of $A37.73 today for the third time in the past one month and last traded at $A36.89. Compared with the All Ordinaries Index which rose 28.6 points (or 0.5%) in the day, this represented a relative price change of -0.1%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.3 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 89% of the Australian market over the past 6 months.

+ In the last one month the stock has hit a new 52-week high thrice and in the last three months fifteen times, pointing to a significant uptrend.

+ The present value of AUD1,000 invested one year ago is $A1,413 [vs $A1,103 for the All Ordinaries Index].

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

Undervaluation:

+ Price to Book of 1.7 [2.0]

+ Dividend yield of 3.7% [2.4%]

+ Return on Equity 8.1% [3.0%]

+ Return on Assets 4.4% [1.6%]

+ Return on Capital Employed 6.8% [4.5%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 17.7 times.

+ Tobin's Q Ratio is 1. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 18.3% 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 8.1% is better than sector average of 3.0%.

Note

Bearish Signals:

The price decreased 0.1% in the last week.

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

Overvaluation:

Price/Sales of 6.3 [1.6]

TODAY'S ALERTS

Afternoon Alert: Woodside Petroleum hits 52-week high third time in one month

September 21, 2018 13:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) hit a 52-week high of $A37.73 today for the third time in the past one month and last traded at $A37.06.

Morning Alert: Woodside Petroleum hits 52-week high third time in one month

September 21, 2018 11:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) hit a 52-week high of $A37.73 today for the third time in the past one month and last traded at $A37.52.

RECENT ALERTS

CLOSING UPDATE: Woodside Petroleum decreases further 0.2%

September 20, 2018 16:00:00 AEST

Woodside Petroleum, Australia's largest energy company by market capitalisation, traded on volume of 0.9 times average today while the price decreased 19.0c (or 0.5%) to trade at $A36.74. Compared with the All Ordinaries Index which fell 20.2 points (or 0.3%) in the day, this represented a relative price change of -0.2%.

Morning Alert: Woodside Petroleum decreases 0.3%

September 20, 2018 11:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) has decreased 10.0c (or 0.3%) to trade at $A36.83.

Woodside Petroleum Limited (AU:WPL; ASX:WPL; AX:WPL)

ISIN: AU000000WPL2

PermID: 4295857433

Source: www.BuySellSignals.com