French stock alert

FRA

CLOSING UPDATE: Danone keeps rising: up 3.1% in 3 days 18 October 2017 18:11 CEST

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's French market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Danone, France's largest food producer company by market capitalisation, extended its gains on Wednesday, rising an additional 36.0c (or 0.5%) to trade at EUR71.06. Trading volume was 1.4 times average at the end of the day. The shares have risen EUR2.17 (or 3.1%) over the past three trading days vs. the CAC 40 Index which has risen 0.6% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 0.93 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Dividend yield of 2.4% [2.0%]

+ Return on Equity 14.7% [12.0%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 27.4%.

+ Interest cover is less leveraged at 10.5 times.

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

+ Net profit margin has averaged 6.7% in the last 3 years. This is better than the sector average of 4.8% and suggests a high margin of safety.

+ The Brand Value represents an impressive 9.2% of the estimated Enterprise Value of EUR68.3 billion (US$80.4 billion).

+ As per the Du Pont analysis, Return on Equity of 14.7% is better than sector average of 12.0%.

Note

The stock has outperformed 54% of the French market over the past 6 months.

Overbought/Bearish:

The 1.3% discount to 12-month high of EUR72.0 against the 26.5% premium to 12-month low of EUR56.16 suggests the climb might be peaking.

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

Overvaluation:

Price/Earnings/Growth of 5.48 [0.8]

Price/Sales of 1.9 [1.4]

TODAY'S ALERTS

Afternoon Alert: Danone keeps rising: up 4.2% in 3 days

18 October 2017 14:10 CEST

Danone (FR:BN) extended its gains on Wednesday, rising an additional EUR1.10 (or 1.6%) to trade at EUR71.80. Trading volume was 1.6 times average so far today. The shares have risen EUR2.91 (or 4.2%) over the past three trading days vs. the CAC 40 Index which has risen 0.7% in the same period.

Afternoon Alert: Danone keeps rising: up 3.9% in 3 days

18 October 2017 12:06 CEST

Danone (FR:BN) extended its gains on Wednesday, rising an additional 88.0c (or 1.2%) to trade at EUR71.58. Trading volume was 1.7 times average so far today. The shares have risen EUR2.69 (or 3.9%) over the past three trading days vs. the CAC 40 Index which has risen 0.5% in the same period.

RECENT ALERTS

CLOSING UPDATE: Danone increases 1.9%, led Food producers sector higher

17 October 2017 18:10 CEST

Danone, France's largest food producer company by market capitalisation, has increased 1.9% to trade at EUR70.70 vs. the Food producers sector which strengthened 100.7 points (or 1.6%) to 6,448.0. Representing a weighting of about 77.4% of the sector, the stock accounted for 94.8% of today's gain. The shares have outperformed 82% of the market in the past week. Trading volume was 1.7 times average at the end of the day. Compared with the CAC 40 Index which fell 1.5 points (or 0.03%) in the day, this represented a relative price increase of 2.0%.

Afternoon Alert: Danone up 2.2% in 2 days

17 October 2017 14:11 CEST

Danone (FR:BN) extended its gains on Tuesday, rising an additional EUR1.05 (or 1.5%) to trade at EUR70.40. Trading volume was 2.5 times average so far today. The shares have risen EUR1.51 (or 2.2%) over the past two trading days vs. the CAC 40 Index which has risen 0.2% in the same period.

Danone (FR:BN; EPA:BN; PA:BN; FP:BN)

ISIN: FR0000120644

PermID: 4295867387

Source: www.BuySellSignals.com