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CLOSING UPDATE: Berkshire Hathaway Class B decreases 0.3%, led Insurance sector lower 18 June 2018 18:11 EDT

NEWS BITES - NORTH AMERICA

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

Berkshire Hathaway Class B, NYSE's largest insurance company by market capitalisation, has decreased 0.3% to trade at $US191.11 vs. the Insurance sector which weakened 9.9 points (or 0.4%) to 2,642.2. Representing a weighting of about 25.6% of the sector, the stock accounted for 23.4% of today's loss. The shares have underperformed 87% of the market in the past month. Trading volume was 76% of average at the end of the day. Compared with the S&P 500 Index which fell 5.9 points (or 0.2%) in the day, this represented a relative price change of -0.1%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.87 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the NYSE market, the stock's relative price strength percentile is falling at 31 for 6 months, 14 for 3 months and 13 for 1 month.

+ The price dropped 2.2% in the last week and 3.4% in the last month.

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

Overvaluation:

+ Price/Earnings of 10.5 [9.3]

Note

Berkshire Hathaway Class B today is at a discount of 12.2% to the 12-month high of $US217.62 on 29 Jan, 2018. It is at a premium of 14.7% to the 12-month low of $US166.64 on 23 Jun, 2017.

Bullish Signals:

The company is cash rich with Cash to Market Capitalisation at 45.1%.

Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

Net profit margin has averaged 13.7% in the last 3 years. This is better than the sector average of 11.3% and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 12.9% is better than sector average of 10.1%.

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

Undervaluation:

Price to Book of 1.1 [1.3]

Return on Equity 12.9% [10.1%]

Return on Assets 6.5% [2.0%]

TODAY'S ALERTS

Afternoon Alert: Berkshire Hathaway Class B decreases 0.5% - underperforming 82% of stocks

18 June 2018 13:00 EDT

Berkshire Hathaway Inc. (NYSE:BRK.B) has decreased $US1.0 (or 0.5%) today to trade at $US190.76 and has underperformed 82% of the market in the past month.

Morning Alert: Berkshire Hathaway Class B decreases 0.7%, leads Insurance sector lower

18 June 2018 11:16 EDT

Berkshire Hathaway Inc. (NYSE:BRK.B) has decreased 0.7% to trade at $US190.51 vs. the Insurance sector which weakened 134.8 points (or 5.1%) to 2,517.3. Representing a weighting of about 26.7% of the sector, the stock accounted for 3.4% of today's loss. The shares have underperformed 82% of the market in the past month. Trading volume was 74% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Berkshire Hathaway Class B decreases 0.4% on robust volume

15 June 2018 18:13 EDT

Berkshire Hathaway Class B, NYSE's largest insurance company by market capitalisation, traded on heavy volume of 1.6 times average today while the price decreased 74.0c (or 0.4%) to trade at $US191.76. Compared with the S&P 500 Index which fell 17.7 points (or 0.6%) in the day, this represented a relative price increase of 0.3%.

Afternoon Alert: Berkshire Hathaway Class B decreases 0.4% - underperforming 81% of stocks

15 June 2018 13:02 EDT

Berkshire Hathaway Inc. (NYSE:BRK.B) has decreased 80.0c (or 0.4%) today to trade at $US191.70 and has underperformed 81% of the market in the past month.

Berkshire Hathaway Inc. (N:BRK.B)

ISIN: US0846707026

CIK: 1067983

CUSIP: 84670702

Source: www.BuySellSignals.com