Quake Risk in Eastern U.S. Comparable to West Coast
To better assess earthquake risk, Davidson helped create a simple and understandable gauge for major cities, called the Earthquake Disaster Risk Index in 1997. Intensity map of the Aug. 23, 2011, earthquake that struck Virginia. The largest is estimated to have been greater than magnitude 8 and caused violent, damaging shaking in an area 10 times larger than the 1906 San Francisco earthquake. oodrich [S&P 500; United States] rises on high volatility August 19, 2011
A price rise on high volatility is a bullish signal. The stock price strengthened 36.0c (or 0.4%) to close at US$81.50. Compared with the Dow Jones Industrials index, which fell 172.9 points (or 1.6%) on the day, this was a relative price change of 2.0%.
PRICE DYNAMICS
Volume weighted price (VWP): the price is at a discount of 9.2% to the 1-month volume weighted average price of US$89.75, which may appeal as a value proposition.
Beta: The Beta of this stock is 1. AGGREGATE VOLUMES AND TURNOVER PERIOD
[Volume Index or VI in brackets; 1 is average]
Price: US$81.50.
Price: EUR60.46.
Aggregate volume: there were 2,060,040 shares worth US$167.9 million traded. The aggregate volume was 1.8 times average trading of 1,166,563 shares.
Open interest hit a 17-day high.
Combined with the falling price this suggests the market is weak.
Access comprehensive Stock Research on http://www.buysellsignals.com/2021861
PRICE PERFORMANCE RANK IN SECTORS
The stock is in 2 sectors.
Dow Jones Industrials index of 30 stocks traded today, which was down 172.9 points or 1.6% to 10,817.6;
Aerospace/Defense sector of 35 stocks traded today, which was down 105.6 points or 1.2% to 8,716.0
RELATIVE VALUATION INDICATORS [RVI] FUNDAMENTAL ANALYSIS
-"A dividend yield of at least two-thirds the triple-A bond yield"; the stock's dividend yield is 0.67 times the triple-A bond yield of 2.1%.
-"Current ratio of two or more"; current assets are 2.93 times current liabilities.
-"Total debt equal or less than twice the net quick liquidation value"; total debt of US$2.4 billion is 1.02 times the net liquidation value of US$2.3 billion.
- Return on Assets of 6.2% versus sector average of 6.1 and market average of 1.9%.
- Interest cover defined by EBIT/I is 6.9 times. Bearish Signals:
- Price/Earnings of 17.6 versus sector average of 9.0 and market average of 12.7. - Price/Sales of 1.45 versus sector average of 0.6 and market average of 0.7. We estimate the shares are trading at a current year Price/Sales of 1.2 and a forward year Price/Sales of 1.1.
- Return on Equity of 17.3% versus sector average of 21.7 and market average of 10.3%.
- Dividend Yield of 1.4% (based on trailing 12 months dividends of US$1.14) versus sector average of 4.0 and market average of 2.1%. Bullish Signals:
Bearish Signals:
- The price to 50-day EMAP ratio is 0.9, a bearish indicator. A decrease is another bearish indicator.
- The price to 200-day MAP ratio is 0.92, a bearish indicator. Trailing one week: the stock rose three times (60% of the time) and fell twice (40% of the time). The aggregate volume was 1.3 times average trading of 3,886,325 shares. Trailing one month: the stock fell twelve times (52% of the time), rose ten times (43% of the time) and was unchanged once (4% of the time). The aggregate volume was 1.6 times average trading of 17,099,830 shares. Favourable Changes: total revenue up 4.7% to $US7.0b; a track record of profits in 4 of the last 4 years; total debt to net tangible assets down from 2.9 to 2.6; total liabilities to EBITDA down 3.8% to 4.8: this compares favourably with the Joseph Piotroski benchmark of <5; total liabilities to total assets down 4.5% to 0.6; current ratio up 6.9% to 2.9; Net tangible assets per share up 28.5% to $US7.26; Working capital to total assets up 3.6% to 33.2%.
Major Common Size Ratios: total current assets to total assets down from 50.5% to 50.4%; current inventory to total assets up from 26.2% to 26.4%; intangibles to total assets up from 25.4% to 26.3%; fixed assets to total assets down from 16.6% to 16.4%; current debtors to total assets down from 12.3% to 11.9%; cost of goods sold to sales down from 70.4% to 69.0%; EBITD to Sales up from 17.2% to 17.4%; EBITDA to Sales up from 17.2% to 17.4%; sales and marketing expenses to sales up from 15.4% to 16.0%; EBIT to Sales down from 13.5% to 13.4%.
MARKET SHARE
Goodrich vs Aerospace/Defense sector [Aerospace/Defense sector Total in Brackets]
ISSUED CAPITAL
It is the world's 10th largest Aerospace/Defense company by market capitalisation.
It is the world's 13th largest Aerospace/Defense company by assets.
Goodrich Corporation (Goodrich) is a supplier of aerospace components, systems and services to the commercial and general aviation airplane markets. The Company operates in three segments: Actuation and Landing Systems, Nacelles and Interior Systems, and Electronic Systems. The Company's products include nacelles, actuation systems, landing gear, aircraft wheels and brakes, engine control systems, engine control systems, intelligence surveillance and reconnaissance (ISR) systems, sensor systems and power systems. On December 31, 2008, the Company formed Rolls-Royce Goodrich Engine Control Systems Limited, a joint venture with Rolls-Royce Group plc (R-R).
TOP MANAGEMENT
May 13: Goodrich insider buys
The last price was USD90.77.
Reported Selling:
May 20: Goodrich insider sells
The last price was USD91.18.
May 13: Goodrich insider sells
Goodrich (GR.N) insider Larsen Marshall O sold 570 shares worth approximately US$50,097.3 on May 02, 2011. The last price was US$87.90.
May 13: Goodrich insider sells
The last price was USD89.86.
May 13: Goodrich insider sells
Goodrich (GR.N) insider Pollino Jennifer sold 213 shares worth approximately US$18,897.4 on May 09, 2011. August 15: Goodrich to Present at the 21st Annual Morgan Stanley Aerospace & Defense Unplugged Conference
August 08: Goodrich to Showcase Smart UAV Technologies at AUVSI 2011
[News Story] August 08: Goodrich to Present at the Jefferies 2011 Global Industrial and A and D Conference
[News Story] CHARLOTTE, N.C., Aug. 8, 2011 /PRNewswire/ -- Marshall Larsen, Chairman, President and Chief Executive Officer of Goodrich Corporation (NYSE: GR), will address the Jefferies 2011 Global Industrial and A&D Conference on Tuesday, Aug. 9, 2011, in New York City. July 27: Goodrich Selected for Embraer KC-390 Primary Flight Control System
[News Story] This agreement represents a great opportunity to apply Goodrich's innovative technology and to significantly broaden the relationship with Embraer," said Mike Gardiner, president of Goodrich's Actuation Systems business.With over 50 years experience Goodrich is the market leader in the supply of fault tolerant flight controls and can deliver complete systems across a wide range of integrated technology options including hydraulic, fly-by-wire and power-by-wire controls.Goodrich will develop and deliver the system through the joint efforts of its Actuation Systems business, Engine Control & Electrical Power Systems business and the Goodrich Electronic Systems Center.Faster than its competitors, the KC-390 aircraft will be capable of operating from short and semi-prepared runways in challenging environments worldwide.
July 25: Goodrich to Present at the Jefferies 2011 Global Industrial and A and D Conference
No comments:
Post a Comment