Australia Stock Alert

AUSTR

CLOSING UPDATE: CIMIC Group decreases 0.4% - underperforming 87% of stocks January 19, 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).

CIMIC Group, Australia's largest capital goods company by market capitalisation, has decreased 20.0c (or 0.4%) today to trade at $A49.04 and has underperformed 87% of the market in the past month. Compared with the All Ordinaries Index which fell 24.7 points (or 0.4%) in the day, this represented a relative price change of -0.01%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.38 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price dropped 3.5% in the last week and tumbled 6.6% in the last month.

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

Overvaluation:

+ Price/Sales of 1.5 [1.3]

+ Price to Book of 7.2 [4.2]

Other Bearish Signals include:

+ Net profit margin has averaged 4.3% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

CIMIC Group today is at a discount of 6.9% to the 12-month high of $A52.70 on 19 Dec, 2017. It is at a premium of 49.9% to the 12-month low of $A32.71 on 24 Jan, 2017.

Bullish Signals:

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

The present value of AUD1,000 invested one year ago is $A1,453 [vs $A1,065 for the All Ordinaries Index].

Interest cover is less leveraged at 8.3 times.

Tobin's Q Ratio is 1.6. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity of 17.5% is better than sector average of 5.2%.

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

Undervaluation:

Dividend yield of 2.5% [2.0%]

Return on Equity 17.5% [5.2%]

Return on Assets 5.5% [2.2%]

Return on Capital Employed 18% [7.9%]

TODAY'S ALERT

Morning Alert: CIMIC Group in 10th consecutive fall, nears three-month low

January 19, 2018 11:00:00 AEST

CIMIC Group Limited (ASX:CIM) slipped further on Friday, sliding an additional 15.0c (or 0.3%) to trade at $A49.09. The stock decreased 1.04% on Wednesday and 0.95% on Thursday bringing its 10-day fall to 5.2%. It is now approaching its 63-day low of $A49.05.

RECENT ALERTS

CLOSING UPDATE: CIMIC Group in 9th consecutive fall, nears three-month low

January 18, 2018 16:00:00 AEST

CIMIC Group, Australia's largest capital goods company by market capitalisation, slipped further on Thursday, sliding an additional 47.0c (or 0.9%) to trade at $A49.24. The stock decreased 0.24% on Tuesday and 1.04% on Wednesday bringing its 9-day fall to 4.9%. It is now approaching its 63-day low of $A49.18. Compared with the All Ordinaries Index which rose 9.7 points (or 0.2%) in the day, this represented a relative price change of -1.1%.

Afternoon Alert: CIMIC Group in 9th consecutive fall, nears three-month low

January 18, 2018 13:00:00 AEST

CIMIC Group Limited (ASX:CIM) slipped further on Thursday, sliding an additional 31.0c (or 0.6%) to trade at $A49.40. The stock decreased 0.24% on Tuesday and 1.04% on Wednesday bringing its 9-day fall to 4.6%. It is now approaching its 58-day low of $A49.38.

CIMIC Group Limited (AU:CIM; ASX:CIM; AX:CIM)

ISIN: AU000000CIM7

PermID: 4295857469

Source: www.BuySellSignals.com