French stock alert

FRA

CLOSING UPDATE: Safran decreases 0.7%, led Aerospace & defense sector lower 21 September 2018 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).

Safran, France's 2nd largest aerospace & defense company by market capitalisation, has decreased 0.7% to trade at EUR120.15 vs. the Aerospace & defense sector which weakened 23.5 points (or 0.09%) to 25,325.3. Representing a weighting of about 27.1% of the sector, the stock accounted for the loss. Trading volume was 2.7 times average at the end of the day. Compared with the CAC 40 Index which rose 42.6 points (or 0.8%) in the day, this represented a relative price change of -1.5%.

Technical indicators complementing today's significant downtrend:

+ The 1.5% discount to 12-month high of EUR121.95 against the 50.6% premium to 12-month low of EUR79.76 suggests the climb might be peaking.

Note

Bullish Signals:

The positive 2.95 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

In the last one month the stock has hit a new 52-week high ten times and in the last three months fifteen times, pointing to a significant uptrend.

The present value of EUR1,000 invested one year ago is EUR1,459 [vs EUR1,043 for the CAC 40 Index].

Total Liabilities/EBITDA of 3.3 is comfortably below the Joseph Piotroski benchmark of <5.

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

Net profit margin has averaged 10.5% in the last 3 years. This is better than the sector average of 4.1% and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity is high at 40.6%. Also, this has improved from 28.2% last year.

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

Undervaluation:

Price/Earnings of 12.0 [18.8]

Dividend yield of 1.3% [1.2%]

Return on Equity 40.6% [28.5%]

Return on Assets 12.8% [4.8%]

Return on Capital Employed 33.9% [13.4%]

TODAY'S ALERTS

Afternoon Alert: Safran hits 52-week high tenth time in one month

21 September 2018 14:06 CEST

Safran (FR:SAF) hit a 52-week high of EUR121.60 today for the tenth time in the past one month and last traded at EUR121.05. This brought its three-day rise to EUR3.40 or 2.9%. Trading volume was 2.7 times average so far today.

Afternoon Alert: Safran hits 52-week high tenth time in one month

21 September 2018 12:05 CEST

Safran (FR:SAF) hit a 52-week high of EUR121.60 today for the tenth time in the past one month and last traded at EUR121.05. This brought its three-day rise to EUR3.40 or 2.9%. Trading volume was 1.6 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Safran hits 52-week high ninth time in one month

20 September 2018 18:10 CEST

Safran, France's 2nd largest aerospace & defense company by market capitalisation, hit a 52-week high of EUR121.25 today for the ninth time in the past one month and last traded at EUR121.0. This brought its two-day rise to EUR3.35 or 2.8%. Trading volume was 95% of average at the end of the day. Compared with the CAC 40 Index which rose 57.9 points (or 1.1%) in the day, this represented a relative price increase of 0.1%.

Afternoon Alert: Safran hits 52-week high ninth time in one month

20 September 2018 14:05 CEST

Safran (FR:SAF) hit a 52-week high of EUR120.45 today for the ninth time in the past one month and last traded at EUR119.75. This brought its two-day rise to EUR2.10 or 1.8%. Trading volume was 83% of average so far today.

Safran (FR:SAF; EPA:SAF; PA:SAF; FP:SAF)

ISIN: FR0000073272

PermID: 4295867343

Source: www.BuySellSignals.com