Canadian stock alert

CANA

CLOSING UPDATE: Brookfield Asset Management decreases 0.5%, led Real estate services sector lower 15 June 2018 18:16 EDT

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).

Brookfield Asset Management, Canada's largest real estate services company by market capitalisation, has decreased 0.5% to trade at CAD54.76 vs. the Real estate services sector which weakened 7.2 points (or 0.2%) to 3,469.2. Representing a weighting of about 50.1% of the sector, the stock accounted for the loss. Trading volume was 3.8 times average at the end of the day. Compared with the S&P/TSX 60 Index which fell 1.4 points (or 0.1%) in the day, this represented a relative price change of -0.4%.

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

Overvaluation:

+ Price to Book of 0.7 [0.1]

+ Dividend yield of 1.4% [2.5%]

Note

Bullish Signals:

The positive 0.94 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 3.3% discount to 12-month high of CAD56.61 against the 18.1% premium to 12-month low of CAD46.36 suggests the stock continues to push for new highs.

The company is cash rich with Cash to Market Capitalisation at 11.5%.

Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued and ranks in the top 9% of stock by value of Q Ratio.

Net profit margin has averaged 16.1% 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 9.6% is better than sector average of 2.5%.

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

Undervaluation:

Return on Equity 9.6% [2.5%]

Return on Assets 2.4% [1.0%]

TODAY'S ALERT

Afternoon Alert: Brookfield Asset Management keeps rising: up 4.5% in 6 days

15 June 2018 14:44 EDT

Brookfield Asset Management Inc. (TSX:BAM.A) extended its gains on Friday, rising an additional 5.0c (or 0.1%) to trade at CAD55.08. Trading volume was 3.1 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Brookfield Asset Management decreases gains by 0.5%, led market higher

14 June 2018 18:15 EDT

Brookfield Asset Management, Canada's largest real estate services company by market capitalisation, has increased 1.8% to trade at CAD55.03 vs. the S&P/TSX 60 Index which strengthened 3.7 points (or 0.4%) to 965.8. Representing a weighting of about 3.3% of the index, the stock accounted for 15.4% of today's gain. The shares have outperformed 83% of the market in the past week. Trading volume was 90% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 3.7 points (or 0.4%) in the day, this represented a relative price increase of 1.4%.

Afternoon Alert: Brookfield Asset Management lifts 2.3%, leads market higher

14 June 2018 14:44 EDT

Brookfield Asset Management Inc. (TSX:BAM.A) has lifted 2.3% to trade at CAD55.29 vs. the S&P/TSX 60 Index which strengthened 3.7 points (or 0.4%) to 965.9. Representing a weighting of about 3.3% of the index, the stock accounted for 19.1% of today's gain. The shares have outperformed 93% of the market in the past week. Trading volume was 1.4 times average so far today.

Brookfield Asset Management Inc. (T:BAM.A; TSE:BAM.A; N:BAM.A; CN:BAM.A)

ISIN: CA1125851040

PermID: 4295861073

CIK: Brookfield Asset Management Inc.

Source: www.BuySellSignals.com