Italian stock alert

ITALY

CLOSING UPDATE: Atlantia decreases 1.2%, led Industrial goods & services sector lower 18 October 2017 19:18 CEST

NEWS BITES - EUROPE

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

Atlantia, Italy's largest industrial goods & services company by market capitalisation, has decreased 1.2% to trade at EUR26.91 vs. the Industrial goods & services sector which weakened 109.1 points (or 0.2%) to 53,245.0. Representing a weighting of about 29.1% of the sector, the stock accounted for the loss. The shares have underperformed 81% of the market in the past week. Trading volume was 3.0 times average at the end of the day. Compared with the FTSE MIB Index which rose 16.9 points (or 0.08%) in the day, this represented a relative price change of -1.3%.

Technical indicators complementing today's significant downtrend:

+ The price dropped 2.1% in the last week.

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

Overvaluation:

+ Price/Sales of 3.2 [1.0]

+ Return on Capital Employed 8.4% [9.7%]

Note

Bullish Signals:

The positive 0.1 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 3.4% discount to 12-month high of EUR27.85 against the 42.5% premium to 12-month low of EUR18.89 suggests the stock continues to push for new highs.

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

The company is cash rich with Cash to Market Capitalisation at 18.7%.

Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 16.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 18.8% is better than sector average of 8.6%.

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

Undervaluation:

Price/Earnings of 19.8 [33.5]

Dividend yield of 2% [1.5%]

Return on Equity 18.8% [8.6%]

Return on Assets 3.2% [1.5%]

TODAY'S ALERTS

Afternoon Alert: Atlantia increases 0.8%, leads market higher

18 October 2017 14:09 CEST

Atlantia (MI:ATL) has increased 0.8% to trade at EUR27.45 vs. the FTSE MIB Index which strengthened 51.9 points (or 0.2%) to 22,389.7. Representing a weighting of about 4.9% of the index, the stock accounted for 16.4% of today's gain. Trading volume was 1.7 times average so far today.

Afternoon Alert: Atlantia increases 0.3%, leads Industrial goods & services sector higher

18 October 2017 12:09 CEST

Atlantia (MI:ATL) has increased 0.3% to trade at EUR27.32 vs. the Industrial goods & services sector which strengthened 156.6 points (or 0.3%) to 53,510.7. Representing a weighting of about 29.4% of the sector, the stock accounted for 29.8% of today's gain. Trading volume was 1.7 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Atlantia increases losses by 0.1%, led Industrial goods & services sector lower

17 October 2017 19:18 CEST

Atlantia, Italy's largest industrial goods & services company by market capitalisation, has decreased 0.4% to trade at EUR27.24 vs. the Industrial goods & services sector which weakened 91.7 points (or 0.2%) to 53,354.1. Representing a weighting of about 29.4% of the sector, the stock accounted for 76.0% of today's loss. Trading volume was 67% of average at the end of the day. Compared with the FTSE MIB Index which fell 23.2 points (or 0.1%) in the day, this represented a relative price change of -0.3%.

Afternoon Alert: Atlantia decreases 0.6%, leads Industrial goods & services sector lower

17 October 2017 14:09 CEST

Atlantia (MI:ATL) has decreased 0.6% to trade at EUR27.20 vs. the Industrial goods & services sector which weakened 123.1 points (or 0.2%) to 53,322.6. Representing a weighting of about 29.4% of the sector, the stock accounted for 74.8% of today's loss. Trading volume was 80% of average so far today.

Atlantia (MI:ATL; BIT:ATL; IM:ATL)

ISIN: IT0003506190

PermID: 4295875318

Source: www.BuySellSignals.com