UK stock alert

UK

CLOSING UPDATE: Reckitt Benckiser accelerates rise, now up 3.2% in 2 days 21 September 2018 21:20 BST

NEWS BITES - EUROPE

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

Reckitt Benckiser, the largest household goods & home construction company by market capitalisation in the United Kingdom, is up GBX214.0 (or 3.2%) over the past two trading days. After rising 1.5% on Thursday, the stock rose 1.6% on Friday to trade at GBX6,956.0 vs. the FTSE 100 Index that is up 2.2% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 49.49 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 3.6% discount to 12-month high of GBX7,213.81 against the 33.8% premium to 12-month low of GBX5,200.40 suggests the stock continues to push for new highs.

+ The stock has outperformed 87% of the United Kingdom market over the past 6 months.

Other Bullish Signals include:

+ Interest cover is less leveraged at 9.4 times.

+ Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 22.5% 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 is high at 25.1%. Also, this has improved from 20.6% last year.

Note

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

Overvaluation:

Price/Earnings/Growth of 0.31 [0.1]

Price/Sales of 4.2 [2.4]

Dividend yield of 2.4% [5.0%]

Return on Equity 25.1% [28.7%]

Return on Assets 9.2% [14.0%]

Return on Capital Employed 9.2% [14.1%]

TODAY'S ALERTS

Afternoon Alert: Reckitt Benckiser accelerates rise, now up 3.2% in 2 days

21 September 2018 15:51 BST

Reckitt Benckiser Group PLC (L:RB.) is up GBX213.0 (or 3.2%) over the past two trading days. After rising 1.5% on Thursday, the stock rose 1.6% on Friday to trade at GBX6,955.0 vs. the FTSE 100 Index that is up 2.0% in the same period.

Morning Alert: Reckitt Benckiser decreases 0.2%, leads Household goods & home construction sector lower

21 September 2018 11:02 BST

Reckitt Benckiser Group PLC (L:RB.) has decreased 0.2% to trade at GBX6,830.0 vs. the Household goods & home construction sector which weakened 8.2 points (or 0.1%) to 6,900.7. Representing a weighting of about 54.2% of the sector, the stock accounted for 99.0% of today's loss. Trading volume was 53% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Reckitt Benckiser increases further 0.2% - outperforming 89% of stocks

20 September 2018 21:28 BST

Reckitt Benckiser, the largest household goods & home construction company by market capitalisation in the United Kingdom, has increased GBX103.0 (or 1.5%) today to trade at GBX6,845.0 and has outperformed 89% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the FTSE 100 Index which rose 36.2 points (or 0.5%) in the day, this represented a relative price increase of 1.0%.

Afternoon Alert: Reckitt Benckiser increases 1.3% - outperforming 89% of stocks

20 September 2018 15:51 BST

Reckitt Benckiser Group PLC (L:RB.) has increased GBX89.0 (or 1.3%) today to trade at GBX6,831.0 and has outperformed 89% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Reckitt Benckiser Group PLC (L:RB.; LON:RB.; LN:RB.)

ISIN: GB00B24CGK77

PermID: 4295894756

Source: www.BuySellSignals.com