Canadian stock alert

CANA

CLOSING UPDATE: Suncor Energy decreases further 0.04%, led Oil & gas - integrated sector lower 20 September 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).

Suncor Energy, Canada's largest oil & gas - integrated company by market capitalisation, has decreased 1.2% to trade at CAD49.98 vs. the Oil & gas - integrated sector which weakened 7.6 points (or 0.8%) to 886.9. Representing a weighting of about 52.1% of the sector, the stock accounted for 73.9% of today's loss. Trading volume was 77% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 3.5 points (or 0.4%) in the day, this represented a relative price change of -1.6%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.86 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price sank 5.9% in the last month.

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

Overvaluation:

+ Price/Earnings of 18.6 [12.1]

+ Price/Sales of 2.5 [1.1]

+ Price to Book of 1.9 [0.8]

Other Bearish Signals include:

+ Net profit margin has averaged 2.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Suncor Energy today is at a discount of 9.9% to the 12-month high of CAD55.47 on 31 Jul, 2018. It is at a premium of 23.4% to the 12-month low of CAD40.49 on 02 Mar, 2018.

Bullish Signals:

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 25 times.

Total Liabilities/EBITDA of 3.7 is comfortably below the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity of 9.8% is better than sector average of 7.1%.

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

Undervaluation:

Return on Equity 9.8% [7.1%]

Return on Assets 5% [3.4%]

Return on Capital Employed 7.7% [4.3%]

TODAY'S ALERTS

Afternoon Alert: Suncor Energy decreases 1.2%, leads Oil & gas - integrated sector lower

20 September 2018 14:43 EDT

Suncor Energy Inc. (TSX:SU) has decreased 1.2% to trade at CAD50.0 vs. the Oil & gas - integrated sector which weakened 8.8 points (or 1%) to 885.7. Representing a weighting of about 52.2% of the sector, the stock accounted for 62.1% of today's loss. The shares have underperformed 83% of the market in the past month.

Afternoon Alert: Suncor Energy decreases 1.5%, leads Oil & gas - integrated sector lower

20 September 2018 12:14 EDT

Suncor Energy Inc. (TSX:SU) has decreased 1.5% to trade at CAD49.83 vs. the Oil & gas - integrated sector which weakened 9.0 points (or 1%) to 885.5. Representing a weighting of about 52.0% of the sector, the stock accounted for 77.3% of today's loss. The shares have underperformed 84% of the market in the past month.

RECENT ALERTS

CLOSING UPDATE: Suncor Energy decreases further 0.3%, led Oil & gas - integrated sector lower

19 September 2018 18:15 EDT

Suncor Energy, Canada's largest oil & gas - integrated company by market capitalisation, has decreased 1.4% to trade at CAD50.59 vs. the Oil & gas - integrated sector which weakened 5.0 points (or 0.6%) to 894.5. Representing a weighting of about 52.3% of the sector, the stock accounted for the loss. Compared with the S&P/TSX 60 Index which fell 2.7 points (or 0.3%) in the day, this represented a relative price change of -1.2%.

Afternoon Alert: Suncor Energy decreases 1.1%, leads Oil & gas - integrated sector lower

19 September 2018 14:43 EDT

Suncor Energy Inc. (TSX:SU) has decreased 1.1% to trade at CAD50.75 vs. the Oil & gas - integrated sector which weakened 1.7 points (or 0.2%) to 897.8. Representing a weighting of about 52.2% of the sector, the stock accounted for the loss. Trading volume was 1.2 times average so far today.

Suncor Energy Inc. (T:SU; TSE:SU; N:SU; CN:SU)

ISIN: CA8672241079

PermID: 4295861310

CIK: Suncor Energy Inc.

Source: www.BuySellSignals.com