Canadian stock alert

CANA

CLOSING UPDATE: Alimentation Couche-Tard keeps sliding: down 3.5% in 5 days 15 January 2018 18:23 EST

NEWS BITES - NORTH AMERICA

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

Alimentation Couche-Tard, Canada's 6th largest defensive retailer company by market capitalisation, extended its slide on Monday, shedding an additional 45.0c (or 0.7%) to trade at CAD64.62. Trading volume was 1.8 times average at the end of the day.

Technical indicators complementing today's significant downtrend:

+ The price dropped 3.5% in the last week and 3.6% in the last month.

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

Overvaluation:

+ Price/Earnings of 24.5 [10.9]

+ Dividend yield of 0.6% [1.3%]

Note

Alimentation Couche-Tard today is at a discount of 4.9% to the 12-month high of CAD67.98 on 15 Dec, 2017. It is at a premium of 12.7% to the 12-month low of CAD57.33 on 02 Oct, 2017.

The stock has underperformed 59% of the Canadian market over the past 6 months.

Bullish Signals:

The positive 0.05 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Interest cover is less leveraged at 13 times.

Total Liabilities/EBITDA of 3.4 is comfortably below the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

As per the Du Pont analysis, Return on Equity is high at 20.1%.

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

Undervaluation:

Price/Sales of 0.2 [0.2]

Price to Book of 2.3 [9.6]

Return on Equity 20.1% [11.3%]

Return on Assets 8.5% [3.3%]

Return on Capital Employed 15.8% [8.0%]

TODAY'S ALERT

Afternoon Alert: Alimentation Couche-Tard in 5th consecutive fall, nears two-month low

15 January 2018 14:45 EST

Alimentation Couche-Tard Inc. (TSX:ATD.A) slipped further on Monday, sliding an additional 81.0c (or 1.2%) to trade at CAD64.26. The stock decreased 0.66% on Thursday and 1.36% on Friday bringing its 5-day fall to 4.0%. It is now testing its 44-day low of CAD64.26.

Alimentation Couche-Tard Inc. (T:ATD.A; TSE:ATD.A; N:ATD.A; CN:ATD.A)

ISIN: CA01626P3043

PermID: 4295860844

CIK: Alimentation Couche

Source: www.BuySellSignals.com