French stock alert

FRA

Afternoon Alert: Tarkett accelerates slide, now down 3.2% in 2 days 18 October 2017 14:10 CEST

NEWS BITES - EUROPE

Tarkett SA (FR:TKTT) is down EUR1.20 (or 3.2%) over the past two trading days. After falling 1.3% on Tuesday, the stock fell 1.9% on Wednesday to trade at EUR36.20 vs. the CAC 40 Index that is up 0.5% in the same period.

Current indications of bearish signals that support the trend in the unusual trading:

+ The stock has underperformed 82% of the French market over the past 6 months.

+ The price dropped 3.4% in the last week and decreased 0.4% in the last month.

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

Overvaluation:

+ Price/Earnings/Growth of 3.17 [0.6]

Other Bearish Signals include:

+ Net profit margin has averaged 3.3% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Tarkett today is at a discount of 19.5% to the 12-month high of EUR44.99 on 02 Jun, 2017. It is at a premium of 21.4% to the 12-month low of EUR29.83 on 04 Nov, 2016.

Bullish Signals:

The positive 0.65 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Tobin's Q Ratio is 1.1. Compared with the rest of the market the stock is undervalued.

Net Profit margin and EBIT margin are positive and have seen consecutive rises in recent years.

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

Undervaluation:

Return on Assets 5.5% [3.1%]

Return on Capital Employed 10.4% [6.8%]

Tarkett SA (FR:TKTT; EPA:TKTT; PA:TKTT; FP:TKTT)

ISIN: FR0004188670

PermID: 4296995208

Source: www.BuySellSignals.com