{"id":58929,"date":"2011-10-03T10:27:05","date_gmt":"2011-10-02T23:27:05","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/10\/03\/icarus-signal-new-entries-for-today-78\/"},"modified":"2011-10-03T10:27:05","modified_gmt":"2011-10-02T23:27:05","slug":"icarus-signal-new-entries-for-today-78","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/10\/03\/icarus-signal-new-entries-for-today-78\/","title":{"rendered":"Icarus Signal New Entries For Today"},"content":{"rendered":"

\n\tDaily update on share prices and consensus price targets.<\/p>\n

\n\tBy Rudi Filapek-Vandyck<\/span><\/p>\n

\n\tIt takes a strong story with solid fundamental credentials to stay above the herd in the current downward biased market. Domino's Pizza ((DMP<\/span>)) is one such story. How do I know? The shares have been trading above or near consensus target constantly since the beginning of the year and that target, by the way, improved during the period. This is where Domino's Pizza stands out from the thousand or so other stocks in the market. When the global going gets tough, Domino's proves its true grit.<\/p>\n

\n\tEvery high flyer experiences its moments of weakness, however, and we are at present going through such a period for Domino's. Is there a particular reason as to why selling pressure has increased in the week past? Icarus<\/span> hasn't seen one, except maybe that Deutsche Bank agreed the share price looked a bit topsy<\/span> and thus decided to downgrade to Hold last week.<\/p>\n

\n\tAdmittedly, trading on a forward Price-Earnings ratio of above 19, the price investors were willing to pay for a piece of Domino's looked high, which is why the prospective dividend yield is a not so attractive looking 3.7% only. Note that strong growth prospects should improve that figure to 4.3% next year (at the present price).<\/p>\n

\n\tHow low can Domino's go? The share price fell as low as $5.20 in the ultra-volatile trading sessions at the start of August, but they quickly bounced back to target after that. My suspicion is that as long as "Europe" and "global recession" continue weighing on investors' mind, any weakness in the share price of Domino's will be temporarily at worst.<\/p>\n

\n\t\"\"<\/p>\n

\n\tThere are now seven stocks left trading near but still below consensus target. There are 13 stocks trading above target, including many targets for corporate action. We also welcome Little World Beverages ((LWB)) which only recently listed and already trades 10c above the maiden price target set by Citi.<\/p>\n

\n\tInvestors should consider the information and data are provided for research purposes only.<\/p>\n

\n\tStocks <3% Below Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Target($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\tGOZ<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.89<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.90<\/td>\n\n\t\t\t\t\t\t\t\t0.53%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tStocks Above Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Target($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\tPBD<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.05<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.05<\/td>\n\n\t\t\t\t\t\t\t\t– 1.96%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\tLWB<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 3.60<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.50<\/td>\n\n\t\t\t\t\t\t\t\t– 2.78%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTop 50 Stocks Furthest from Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Target($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\tNXS<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.14<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.27<\/td>\n\n\t\t\t\t\t\t\t\t92.86%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\tGNS<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.17<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.31<\/td>\n\n\t\t\t\t\t\t\t\t89.70%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTo see the full Icarus<\/span> Signal, please go to this link<\/a><\/p>\n

\n\tTechnical limitations<\/strong><\/p>\n

\n\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n

\n\tFind out why FNArena<\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/p>\n","protected":false},"excerpt":{"rendered":"

Daily update on share prices and consensus price targets.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58929"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58929"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58929\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}