Trending Stocks in Review: CDK Global Inc (NASDAQ:CDK), Post Properties Inc (NYSE:PPS), 8×8, Inc. (NASDAQ:EGHT)

CDK Global Inc (NASDAQ:CDK) increased 0.02% during last trading as the stock added $0.01 to finish the day at $57.66 with about 985,630.00 shares changing hands, compared to its three month average trading volume of 863,804.00. The $8.66B market cap company, which fluctuated between $57.15 and $57.88 during the day, currently situated 46.15% above its 52 week low of $39.45 and -4.04% away from its one year high of $60.09. The RSI of 49.50 indicates the stock is overbought at the current levels, sell for now. CDK Global, Inc. is a provider of integrated information technology and digital marketing/advertising solutions to the automotive retail industry. The Company’s segments are Automotive Retail North America (ARNA), Automotive Retail International (ARI) and Digital Marketing (DM).

Post Properties Inc (NYSE:PPS) gained $0.45 to close the day at a new closing price of $66.63, a 0.68% increase in value from its previous closing price that moved the stock 30.01% above its 52 week low of $51.25. A total of 981,311.00 shares exchanged hands during the day compared with its three month average trading volume of 698,470.00. The stock, which fluctuated between $65.80 and $66.65 during the day, currently situated -3.98% below its 52 week high. The stock is up by 6.01% in the past one month and up by 11.63% over the past three months. With a one year target estimate of $61.65 and RSI of 64.55, the stock still has upside potential, making it a hold for now. Post Properties, Inc. is a self-administrated and self-managed equity real estate investment trust (REIT). The Company’s segments include Fully stabilized (same store) communities, which includes apartment communities that have been stabilized for both the current and prior year.

8×8, Inc. (NASDAQ:EGHT) had a light trading with around 962,060.00 shares changing hands compared to its three month average trading volume of 789,909.00. The stock traded between $13.16 and $13.50 before closing at the price of $13.49 with 0.60% change on the day. The company is currently trading 83.54% above its 52 week low of $7.35 and -13.14% below its 52 week high of $15.53. Both the RSI indicator and target price of 44.85 and $17.33 respectively, lead us to believe that it could drop over the coming weeks. 8×8, Inc. provides cloud-based, enterprise-class software solutions. The Company’s solutions are delivered through Software as a Service (SaaS) business model. Its segments include Americas and Europe.

Stocks Intraday Alert: Dean Foods (DF), Nucor (NUE), Post Properties (PPS)

Nucor Corporation (NUE) continued its downward trend with the stock declining -0.41% or $-0.21 to close the day at $50.52 on lower than average trading volume of 2.38M shares, compared to its three month average trading volume of 2.75M. The Charlotte North Carolina 28211 based company has been outperforming the steel & iron companies by 10.8251% for last three months and its recent gains have pushed the stock slightly up 27.4% YTD, versus the steel & iron industry which is up 51.5% for the same period. The RSI of 38.44 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment offers steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as holds working interest in natural gas drilling programs. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for use in manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills, and other processors and consumers of various nonferrous metals. The company offers its products through its in-house sales forces, as well as internal distribution and trading companies. Nucor Corporation was founded in 1940 and is based in Charlotte, North Carolina.

Post Properties Inc. (PPS) had a light trading with around 2.38M shares changing hands compared to its three month average trading volume of 543.46K. The stock traded between $65.42 and $67 before closing at the price of $66.88 with 1.43% change on the day. The Atlanta Georgia 30327 based company is currently trading 30.5% above its 52 week low of $52.08 and -3.62% below its 52 week high of $69.39. Both the RSI indicator and target price of 66.53 and $61.65 respectively, lead us to believe that it should be put on hold over the coming weeks.

Post Properties, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily develops, owns, and manages multi-family apartment communities. Post Properties, Inc. was founded in 1971 and is based in Atlanta, Georgia.

Dean Foods Company (DF) traded within a range of $16.91 to $17.2 after opening the day at $17.11. The company has seen its stock increase in value by 0.5% so far this year. The stock was down close to -0.23% on active volume in last trading session and closed at $17.07 per share. After the recent fall, the stock is currently holding -18.58% below its 52 week high of $21.17 and 11.27% above its 12-month low of $15.55. The shares are down by over -3.72% in the last three months, and the RSI indicator value of 34.28 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy case products, such as fluid milk, ice cream, cultured dairy products, creamers, ice cream mix, and other dairy products; and juices, teas, bottled water, and other products. It offers its products under approximately 50 national, regional, and local proprietary or licensed brands, and private labels, including DairyPure, TruMoo, Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Garelick Farms, LAND O LAKES, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G. Lee, Tuscan, and others. The company sells its products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities through its sales forces. Dean Foods Company was founded in 1925 and is headquartered in Dallas, Texas.

Stocks Trend Analysis: Hess Corporation (HES) Post Properties Inc. (PPS) Advance Auto Parts Inc. (AAP)

Hess Corporation (HES) continued its upward trend with the stock climbing 0.04% or $0.02 to close the day at $56.67 on light trading volume of 3.08M shares, compared to its three month average trading volume of 3.7M. The New York New York 10036 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -1.75%, compared to the industry which has advanced 2.21% over the same period. With RSI of 55.08, the stock should still continue to rise and get closer to its one year target estimate of $65.45, making it a hold for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Post Properties Inc. (PPS) retreated with the stock falling -3.14% or $-2.14 to close at $65.94 on light trading volume of 3.04M compared its three months average trading volume of 500.61K. The Atlanta Georgia 30327 based company operating under the REIT – Residential industry has been trending up for the last 52 weeks, with the shares price now 12.82% up for the period and up by 13.26% so far this year. With price target of $61.65 and a 28.66% rebound from 52-week low, Post Properties Inc. has plenty of upside potential, making it a hold with a view buy.

Post Properties, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily develops, owns, and manages multi-family apartment communities. Post Properties, Inc. was founded in 1971 and is based in Atlanta, Georgia.

Advance Auto Parts Inc. (AAP) failed to extend gains with the stock declining -4.39% or $-7.36 to close the day at $160.4 on higher than average trading volume of 3.03M shares, compared to its three month average trading volume of 1.16M. The Roanoke Virginia 24012 based company has been outperforming the auto parts stores companies by 11.2815% for last three months and its recent gains have pushed the stock slightly up 6.65% YTD, versus the auto parts stores industry which is up 9.18% for the same period. The RSI of 39.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Advance Auto Parts, Inc., through its subsidiaries, engages in the automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. It offers automotive parts, including alternators, batteries, belts and hoses, brakes and brake pads, chassis parts, climate control parts, clutches, driveshafts, engines and engine parts, ignition parts, lighting, radiators, starters, spark plugs and wires, steering and alignment parts, transmissions, water pumps, and windshield wiper blades; and accessories, such as air fresheners, automotive paints, anti-theft devices, emergency road kits, floor mats, ice scrapers, mirrors, seat and steering wheel covers, and vent shades. The company also provides chemicals comprising antifreeze, brake and power steering fluid, car washes and waxes, freon, fuel additives, and windshield washer fluid; oils, transmission fluids, and other automotive petroleum products; and battery and wiper installation, battery charging, check engine light reading, electrical system testing, video clinics, and oil and battery recycling services, as well as loaner tool programs. In addition, it sells products online through AdvanceAutoParts.com and Worldpac.com. The company serves do-it-for-me, or Commercial, and do-it-yourselfcustomers, as well as independently-owned operators. As of January 2, 2016, it operated a total of 5,171 stores and 122 branches; and served approximately 1,300 independently-owned Carquest stores in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. Advance Auto Parts, Inc. was founded in 1929 and is headquartered in Roanoke, Virginia.

 

Eye Catching Stocks: SM Energy Company (SM), Post Properties Inc. (PPS), Duke Energy Corporation (DUK)

SM Energy Company (SM) continued its upward trend with the stock climbing 6.74% or $2.2 to close the day at $34.83 on active trading volume of 4.03M shares, compared to its three month average trading volume of 3.23M. The Denver Colorado 80203 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -7.99%, compared to the industry which has advanced 2.03% over the same period. With RSI of 70.32, the stock should still continue to rise and get closer to its one year target estimate of $35.14, making it a hold for now.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken and Three Forks formations in the North Dakota; and Permian region covering western Texas and southeastern New Mexico. As of December 31, 2015, the company had 471.3 million barrels of oil equivalent of estimated proved reserves; and working interests in 872 net productive oil wells and 653 net productive gas wells. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Post Properties Inc. (PPS) climbed 9.42% during last trading as the stock added $5.86 to finish the day at $68.08 with about 4.03M shares changing hands, compared to its three month average trading volume of 442.84K. The $3.62B market cap company, which fluctuated between $66.82 and $69.39 during the day, currently situated 32.84% above its 52 week low of $52.08 and 0.7% away from its one year high of $69.39. The RSI of 76.59 indicates the stock is overbought at the current levels, sell for now.

Post Properties, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily develops, owns, and manages multi-family apartment communities. Post Properties, Inc. was founded in 1971 and is based in Atlanta, Georgia.

Duke Energy Corporation (DUK) saw its value decrease by -2.19% as the stock dropped $-1.83 to finish the day at a closing price of $81.66. The stock was higher in trading and has fluctuated between $65.5-$87.31 per share for the past year. The shares, which traded within a range of $81.61 to $83.8 during the day, are up by 2.91% in the past three months and up by 9.26% over the past six months. It is currently trading -3.21% below its 20 day moving average and -1.86% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $86 a share over the next twelve months. The current relative strength index (RSI) reading is 34.86. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Portfolio. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky. This segment owns approximately 50,000 megawatts (MW) of generation capacity; and uses coal, hydroelectric, natural gas, oil, and nuclear fuel to generate electricity. It serves approximately 7.4 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States with a service area covering approximately 95,000 square miles; and approximately 525,000 retail natural gas customers in southwestern Ohio and northern Kentucky. This segment is also involved in the wholesale of electricity to incorporated municipalities, electric cooperative utilities, and other load-serving entities. The International Energy segment operates and manages power generation facilities; and markets and sells electric power, natural gas, and natural gas liquids. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial and commercial companies. The Commercial Portfolio segment acquires, builds, develops, and operates wind and solar renewable generation and energy transmission projects. Its portfolio includes nonregulated renewable energy, electric transmission, natural gas infrastructure, and energy storage businesses. This segment has 22 wind farms and 38 commercial solar farms with a capacity of 2,400 MW across 11 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. Duke Energy Corporation was incorporated in 2005 and is headquartered in Charlotte, North Carolina.

Stock on the Move: Post Properties Inc. (NYSE:PPS)

Post Properties Inc. (NYSE:PPS) reported earnings for the three months ended March 2016 on May 02, 2016. The company earned $0.78 per share on revenue of $98.47M. Analysts had been modeling earning per share of $0.77 with $97.27M in revenue.

Post Properties Inc. (PPS) on May 02, 2016 announced net income available to common shareholders of $19.2 million, or $0.36 per diluted share, for the first quarter of 2016, compared to $19.0 million, or $0.35 per diluted share, for the first quarter of 2015. Net income for the first quarter of 2015 included a gain on the sale of a retail condominium of $1.8 million, or $0.03 per diluted share.

Funds From Operations

The Company uses the National Association of Real Estate Investment Trusts (“NAREIT”) definition of Funds from Operations (“FFO”) as an operating measure of the Company’s financial performance. A reconciliation of FFO to GAAP net income is included in the financial data (Table 1) accompanying this press release.

FFO for the first quarter of 2016 was $41.9 million, or $0.78 per diluted share, compared to $38.5 million, or $0.70 per diluted share for the first quarter of 2015. FFO for the first quarter of 2015 included losses on extinguishment of indebtedness of $0.2 million, or less than $0.01 per diluted share.

Said Dave Stockert, Post’s CEO and President, “Results for the first quarter point to the ongoing favorable operating conditions for our business. Same-store revenue growth that was higher than at any time in the past two-plus years helped drive strong top-line and bottom-line growth.”

Post Properties Inc. earnings per share showed a decreasing trend of -63.6% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 162%.Analysts project EPS growth over the next 5 years at 6.25%. It has EPS annual growth over the past 5 fiscal years of 46.5% when sales grew 6.1. It reported 5.5% sales growth, and 2.4% EPS growth in the last quarter.

The stock is trading at $58.71, up 13.64% from 52-week low of $52.08. The stock trades down -5.58% from its peak of $62.55 and % below the consensus price target of $62.25. Its volume clocked up at 0.77 million shares which is higher than the average volume of 0.51 million shares. Its market capitalization currently stands at $3.14B.