Spanish stock alert

SPAIN

CLOSING UPDATE: Iberdrola decreases further 0.4%, led Electric utilities sector lower 18 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).

Iberdrola, Spain's largest electric utility company by market capitalisation, has decreased 0.5% to trade at EUR6.67 vs. the Electric utilities sector which weakened 32.7 points (or 0.3%) to 12,142.2. Representing a weighting of about 40.9% of the sector, the stock accounted for 76.9% of today's loss. Trading volume was 52% of average at the end of the day. Compared with the IBEX 35 Index which rose 56.6 points (or 0.6%) in the day, this represented a relative price change of -1.1%.

Technical indicators complementing today's significant downtrend:

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

+ The price decreased 1.1% in the last week and 1.0% in the last month.

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

Overvaluation:

+ Price/Sales of 1.4 [1.0]

Other Bearish Signals include:

+ Net profit margin has averaged 8.5% in the last 3 years. This is lower than the sector average of 8.6% and suggests a low margin of safety.

Note

Bullish Signals:

The 5.2% discount to 12-month high of EUR7.03 against the 31.6% premium to 12-month low of EUR5.06 suggests the stock continues to push for new highs.

In the last three months the stock has hit a new 52-week high twice.

Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued.

The Brand Value represents 6.4% of the estimated Enterprise Value of EUR75.4 billion (US$88.8 billion).

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

Undervaluation:

Dividend yield of 4.2% [3.6%]

TODAY'S ALERTS

Afternoon Alert: Iberdrola decreases 0.1%, leads Electric utilities sector lower

18 October 2017 14:41 CEST

Iberdrola S.A. (MA:IBE) has decreased 0.1% to trade at EUR6.69 vs. the Electric utilities sector which weakened 0.9 points (or 0.01%) to 12,174.0. Representing a weighting of about 41.0% of the sector, the stock accounted for the loss. Trading volume was 68% of average so far today.

Morning Alert: Iberdrola decreases 0.4%, leads Electric utilities sector lower

18 October 2017 11:38 CEST

Iberdrola S.A. (MA:IBE) has decreased 0.4% to trade at EUR6.67 vs. the Electric utilities sector which weakened 23.8 points (or 0.2%) to 12,151.1. Representing a weighting of about 40.9% of the sector, the stock accounted for 91.6% of today's loss. Trading volume was 77% of average so far today.

Iberdrola S.A. (MA:IBE; MCE:IBE; MC:IBE; SM:IBE)

ISIN: ES0144580Y14

PermID: 4295889602

Source: www.BuySellSignals.com