Canadian stock alert

CANA

CLOSING UPDATE: Suncor Energy increased losses by 0.03%, led Oil & gas - integrated sector lower 21 July 2017 18:19 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 1.0% to trade at CAD38.42 vs. the Oil & gas - integrated sector which weakened 11.2 points (or 1.5%) to 740.6. Representing a weighting of about 47.4% of the sector, the stock accounted for 32.8% of today's loss. Trading volume was 86% of average at the end of the day. Compared with the S&P/TSX 60 Index which fell 4.9 points (or 0.6%) in the day, this represented a relative price change of -0.5%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.4 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

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

Overvaluation:

+ Price/Earnings of 42.3 [14.5]

+ Price/Sales of 2.2 [0.9]

+ Price to Book of 1.5 [0.8]

+ Return on Equity 1.0% [5.1%]

+ Return on Assets 0.5% [2.7%]

+ Return on Capital Employed 0.7% [3.0%]

Other Bearish Signals include:

+ Net profit margin has averaged 0.5% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

+ As per the Du Pont analysis, Return on Equity is less than stellar at 1.0%.

Note

Suncor Energy today is at a discount of 13.8% to the 12-month high of CAD44.56 on 03 Jan, 2017. It is at a premium of 14.7% to the 12-month low of CAD33.50 on 02 Aug, 2016.

Bullish Signals:

The price lifted 2.1% in the last week and increased 0.4% in the last month.

Tobin's Q Ratio is 0.7. Compared with the rest of the market the stock is undervalued.

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

Undervaluation:

Dividend yield of 3.2% [2.1%]

TODAY'S ALERT

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

21 July 2017 12:19 EDT

Suncor Energy Inc. (TSX:SU) has decreased 1.1% to trade at CAD38.41 vs. the Oil & gas - integrated sector which weakened 11.5 points (or 1.5%) to 740.4. Representing a weighting of about 47.4% of the sector, the stock accounted for 32.7% of today's loss. Trading volume was 1.3 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Suncor Energy keeps rising: up 3.4% in 3 days

20 July 2017 18:20 EDT

Suncor Energy, Canada's largest oil & gas - integrated company by market capitalisation, extended its gains on Thursday, rising an additional 26.0c (or 0.7%) to trade at CAD38.82. Trading volume was 80% of average at the end of the day. The shares have risen CAD1.27 (or 3.4%) over the past three trading days vs. the S&P/TSX 60 Index which has risen 0.8% in the same period.

Afternoon Alert: Suncor Energy keeps rising: up 3.2% in 3 days

20 July 2017 14:48 EDT

Suncor Energy Inc. (TSX:SU) extended its gains on Thursday, rising an additional 21.0c (or 0.5%) to trade at CAD38.77. Trading volume was 1.4 times average so far today. The shares have risen CAD1.22 (or 3.2%) over the past three trading days vs. the S&P/TSX 60 Index which has risen 0.8% in the same period.

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

ISIN: CA8672241079

PermID: 4295861310

CIK: Suncor Energy Inc.

Source: www.BuySellSignals.com