Stock Alert: HXL, SAP, SUNE, TRN
by Harris Roen, Editor
Roen Financial Report
Tuesday, October 21, 2014
Today’s Alert:
Hexcel Corp (HXL)
SAP AG (ADR) (SAP)
SunEdison Inc (SUNE)
Trinity Industries, Inc (TRN)
A big down day for three of these stocks, two on earnings reports and one on a disfavorable court decision. Also, a strong up day for a solar stock.
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| Hexcel releases a positive earnings report, raising EPS guidance. Revenues are up 10% and net income is up 15% from the same quarter last year, beating analyst estimates. HXL drops 1% on large volume, and is down 7% for the year. We consider the stock to be Overvalued. | Nasdaq |
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| Earnings and revenues came in slightly higher for this smart grid company in its most recent earnings release. Projected revenues also are seen to increase, though operating profit projections are lowered. SAP drops 5% on large volume, and is down 19% for the quarter. We consider SAP to be Below Fair Value. | Reuters |
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| Solar Stock SunEdison jumps 8% on a hedge fund mention. SUNE is up 21% for the week and 85% for the year, but is still 26% below its highs reached in July. | Insider Monkey |
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| A legal decision against Trinity Industries hits the stock price hard. TRN falls 12% on historic volume, and is 37% below its highs of a month ago. Still, the company is up 38% for the year. | Market Watch |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
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