US NYSE stock alert

USA

CLOSING UPDATE: The Home Depot increases 1.5% - outperforming 85% of stocks 19 January 2018 17:59 EST

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).

The Home Depot, NYSE's 2nd largest retailer company by market capitalisation, has increased $US3.0 (or 1.5%) today to trade at $US201.33 and has outperformed 85% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the S&P 500 Index which rose 12.3 points (or 0.4%) in the day, this represented a relative price increase of 1.1%.

Technical indicators complementing today's significant uptrend:

+ The positive 4.73 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last one month the stock has hit a new 52-week high twelve times and in the last three months twenty-five times, pointing to a significant uptrend.

+ The present value of USD1,000 invested one year ago is $US1,530 [vs $US1,241 for the S&P 500 Index].

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

Undervaluation:

+ Dividend yield of 1.8% [0.9%]

+ Return on Assets 18.5% [8.2%]

+ Return on Capital Employed 46.7% [21.2%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 13.9 times.

+ Total Liabilities/EBITDA of 2.5 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 8% in the last 3 years. This is better than the sector average of 5% and suggests a high margin of safety.

+ The Brand Value represents an impressive 9.1% of the estimated Enterprise Value of $US258.7 billion.

Note

Bearish Signals:

Tobin's Q Ratio is 5.5. Compared with the rest of the market the stock is overvalued and ranks in the bottom 4% of stocks by value of Q Ratio.

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

Overvaluation:

Price/Sales of 2.4 [1.4]

TODAY'S ALERTS

Afternoon Alert: The Home Depot increases 1.3%, leads Retailing sector higher

19 January 2018 13:02 EST

The Home Depot, Inc. (NYSE:HD) has increased 1.3% to trade at $US200.94 vs. the Retailing sector which strengthened 23.0 points (or 0.5%) to 4,498.9. Representing a weighting of about 21.5% of the sector, the stock accounted for 55.4% of today's gain. The shares have outperformed 84% of the market in the past week. Trading volume was 1.4 times average so far today.

Morning Alert: The Home Depot increases 1.3% - outperforming 85% of stocks

19 January 2018 11:16 EST

The Home Depot, Inc. (NYSE:HD) has increased $US2.53 (or 1.3%) today to trade at $US200.86 and has outperformed 85% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

CLOSING UPDATE: The Home Depot hits 52-week high eleventh time in one month

18 January 2018 17:59 EST

The Home Depot, NYSE's 2nd largest retailer company by market capitalisation, hit a 52-week high of $US200.24 today for the 11th time in the past one month and last traded at $US198.33. Compared with the S&P 500 Index which fell 4.5 points (or 0.2%) in the day, this represented a relative price change of -0.6%.

Afternoon Alert: The Home Depot hits 52-week high eleventh time in one month

18 January 2018 13:01 EST

The Home Depot, Inc. (NYSE:HD) hit a 52-week high of $US200.24 today for the 11th time in the past one month and last traded at $US198.96. Trading volume was 84% of average so far today.

The Home Depot, Inc. (N:HD)

ISIN: US4370761029

PermID: 4295903148

CIK: 354950

CUSIP: 437076102

Source: www.BuySellSignals.com