New Lifetime High For CoreLogic (CLGX)
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified CoreLogic as such a stock due to the following factors:
- CLGX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $25.1 million.
- CLGX has traded 526 shares today.
- CLGX is trading at a new lifetime high.
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More details on CLGX:
CoreLogic, Inc. provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific. CLGX has a PE ratio of 29. Currently there are 6 analysts that rate CoreLogic a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for CoreLogic has been 510,500 shares per day over the past 30 days. CoreLogic has a market cap of $3.6 billion and is part of the technology sector and telecommunications industry. The stock has a beta of 1.10 and a short float of 1% with 1.50 days to cover. Shares are up 20.4% year-to-date as of the close of trading on Friday.
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Analysis:
rates CoreLogic as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.
Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 6.5%. Since the same quarter one year prior, revenues rose by 24.3%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has significantly increased by 115.55% to $86.73 million when compared to the same quarter last year. In addition, CORELOGIC INC has also vastly surpassed the industry average cash flow growth rate of -23.35%.
- CORELOGIC INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, CORELOGIC INC increased its bottom line by earning $1.41 versus $0.97 in the prior year. This year, the market expects an improvement in earnings ($2.16 versus $1.41).
- 43.97% is the gross profit margin for CORELOGIC INC which we consider to be strong. Regardless of CLGX's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 6.05% trails the industry average.
- Even though the current debt-to-equity ratio is 1.21, it is still below the industry average, suggesting that this level of debt is acceptable within the IT Services industry. Regardless of the somewhat mixed results with the debt-to-equity ratio, the company's quick ratio of 0.73 is weak.
- You can view the full CoreLogic Ratings Report.
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