French stock alert

FRA

CLOSING UPDATE: Kering drops 2.5%, led market lower 20 June 2018 18:08 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).

Kering, France's largest general retailer company by market capitalisation, has dropped 2.5% to trade at EUR481.40 vs. the CAC 40 Index which weakened 18.3 points (or 0.3%) to 5,372.3. Representing a weighting of about 4.0% of the index, the stock accounted for 29.6% of today's loss. The shares have underperformed 90% 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 18.3 points (or 0.3%) in the day, this represented a relative price change of -2.2%.

Technical indicators complementing today's significant downtrend:

+ The price sank 4.7% in the last week.

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

Overvaluation:

+ Price/Sales of 3.9 [1.0]

Other Bearish Signals include:

+ Tobin's Q Ratio is 2.4. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Note

Kering today is at a discount of 7.8% to the 12-month high of EUR522.40 on 15 Jun, 2018. It is at a premium of 66.9% to the 12-month low of EUR288.46 on 31 Jul, 2017.

Bullish Signals:

The positive 5.45 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

The present value of EUR1,000 invested one year ago is EUR1,605 [vs EUR1,015 for the CAC 40 Index].

Net profit margin has averaged 8.4% in the last 3 years. This is better than the sector average of 3.3% and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 16.5% is better than sector average of 11.8%.

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

Undervaluation:

Price/Earnings of 30.1 [36.5]

Return on Equity 16.5% [11.8%]

Return on Assets 7.3% [2.4%]

Return on Capital Employed 12.4% [6.2%]

TODAY'S ALERT

Afternoon Alert: Kering decreases 0.8%, leads General retailers sector lower

20 June 2018 12:08 CEST

Kering (FR:KER) has decreased 0.8% to trade at EUR489.90 vs. the General retailers sector which weakened 133.7 points (or 0.7%) to 19,952.8. Representing a weighting of about 95.0% of the sector, the stock accounted for the loss. The shares have underperformed 83% of the market in the past week. Trading volume was 1.4 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Kering accelerates slide, now down 3.6% in 2 days

19 June 2018 18:12 CEST

Kering, France's largest general retailer company by market capitalisation, is down EUR18.30 (or 3.6%) over the past two trading days. After falling 0.6% on Monday, the stock fell 3% on Tuesday to trade at EUR493.70 vs. the CAC 40 Index that is down 2.0% in the same period.

Afternoon Alert: Kering accelerates slide, now down 3.2% in 2 days

19 June 2018 14:06 CEST

Kering (FR:KER) is down EUR16.40 (or 3.2%) over the past two trading days. After falling 0.6% on Monday, the stock fell 2.6% on Tuesday to trade at EUR495.60 vs. the CAC 40 Index that is down 2.3% in the same period.

Kering (FR:KER; EPA:KER; PA:KER; FP:KER)

ISIN: FR0000121485

PermID: 4295867170

Source: www.BuySellSignals.com