Spanish stock alert

SPAIN

CLOSING UPDATE: Atresmedia Corp de Medios de Comunicacion decreases further 0.6% - underperforming 89% of stocks 20 October 2017 19:21 CEST

NEWS BITES - EUROPE

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

Atresmedia Corp de Medios de Comunicacion, Spain's 2nd largest broadcasting company by market capitalisation, has decreased 14.0c (or 1.6%) today to trade at EUR8.71 and has underperformed 89% of the market in the past six months. Compared with the IBEX 35 Index which rose 25.2 points (or 0.2%) in the day, this represented a relative price change of -1.8%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.02 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The 4.9% premium to 12-month low of EUR8.30 against the 25.4% discount to high of EUR11.68 suggests the stock continues to push for new lows.

+ The price dropped 2.1% in the last week.

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

Overvaluation:

+ Return on Assets 9.9% [11.5%]

Other Bearish Signals include:

+ Net profit margin has averaged 9.4% in the last 3 years. This is lower than the sector average of 11.7% and suggests a low margin of safety.

Note

Bullish Signals:

Total Liabilities/EBITDA of 4.1 is less than the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 1.5. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity is high at 24.9%. Also, this has improved from 20.4% last year.

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

Undervaluation:

Price/Earnings of 14.8 [17.1]

Price/Earnings/Growth of 0.39 [1.3]

Price/Sales of 1.9 [2.5]

Price to Book of 8.5 [9.4]

Dividend yield of 5.4% [3.6%]

Return on Equity 24.9% [20.1%]

Return on Capital Employed 26.5% [23.9%]

Year-on-Year Earnings Growth of 31.6% [13.1%]

TODAY'S ALERT

Morning Alert: Atresmedia Corp de Medios de Comunicacion decreases 1.0% - underperforming 88% of stocks

20 October 2017 11:38 CEST

Atresmedia Corp de Medios de Comunicacion SA (MA:A3M) has decreased 9.0c (or 1.0%) today to trade at EUR8.76 and has underperformed 88% of the market in the past six months.

RECENT ALERTS

CLOSING UPDATE: Atresmedia Corp de Medios de Comunicacion up 2.0% in 2 days

16 October 2017 19:21 CEST

Atresmedia Corp de Medios de Comunicacion, Spain's 2nd largest broadcasting company by market capitalisation, extended its gains on Monday, rising an additional 11.0c (or 1.2%) to trade at EUR9.01. Trading volume was 1.9 times average at the end of the day.

Afternoon Alert: Atresmedia Corp de Medios de Comunicacion up 3.2% in 2 days

16 October 2017 14:39 CEST

Atresmedia Corp de Medios de Comunicacion SA (MA:A3M) extended its gains on Monday, rising an additional 21.0c (or 2.4%) to trade at EUR9.11. Trading volume was 1.2 times average so far today.

Atresmedia Corp de Medios de Comunicacion SA (MA:A3M; MCE:A3M; MC:A3M; SM:A3M)

ISIN: ES0109427734

PermID: 4295889425

Source: www.BuySellSignals.com