Australia Stock Alert

AUSTR

CLOSING UPDATE: Woodside Petroleum keeps rising: up 3.4% in 3 days April 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).

Woodside Petroleum, Australia's largest energy company by market capitalisation, extended its gains on Friday, rising an additional 32.0c (or 1.0%) to trade at $A31.42. Trading volume was 71% of average at the end of the day. The shares have risen $A1.03 (or 3.4%) over the past three trading days vs. the All Ordinaries Index which has risen 0.5% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 0.43 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price lifted 3.6% in the last week and jumped 9.5% in the last month.

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

Undervaluation:

+ Price to Book of 1.5 [2.0]

+ Dividend yield of 4% [2.0%]

+ Return on Capital Employed 6.8% [1.2%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 17.7 times.

+ Tobin's Q Ratio is 0.9. 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.

Note

Woodside Petroleum today is at a discount of 7.0% to the 12-month high of $A33.79 on 15 Jan, 2018. It is at a premium of 16.8% to the 12-month low of $A26.91 on 24 Jul, 2017.

The stock has outperformed 63% of the Australian market over the past 6 months.

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

Overvaluation:

Price/Sales of 5.8 [1.9]

TODAY'S ALERTS

Afternoon Alert: Woodside Petroleum keeps rising: up 3.0% in 3 days

April 20, 2018 13:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) extended its gains on Friday, rising an additional 20.0c (or 0.6%) to trade at $A31.30.

Morning Alert: Woodside Petroleum keeps rising: up 2.9% in 3 days

April 20, 2018 11:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) extended its gains on Friday, rising an additional 17.0c (or 0.6%) to trade at $A31.27.

RECENT ALERTS

CLOSING UPDATE: Woodside Petroleum increases 1.2%, led S&P/ASX 200 Energy index higher

April 19, 2018 16:00:00 AEST

Woodside Petroleum, Australia's largest energy company by market capitalisation, has increased 1.2% to trade at $A31.10 vs. the S&P/ASX 200 Energy index which strengthened 73.0 points (or 0.7%) to 10,887.3. Representing a weighting of about 32.1% of the index, the stock accounted for 58.5% of today's gain. The shares have outperformed 83% of the market in the past month. Trading volume was 64% of average at the end of the day. Compared with the All Ordinaries Index which rose 20.0 points (or 0.3%) in the day, this represented a relative price increase of 0.9%.

Morning Alert: Woodside Petroleum lifts 2.1%

April 19, 2018 11:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) has lifted 64.0c (or 2.1%) to trade at $A31.36.

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

ISIN: AU000000WPL2

PermID: 4295857433

Source: www.BuySellSignals.com