Plum Creek Timber (PCL) Moving On Heavy Pre-Market Trading
Trade-Ideas LLC identified
(
) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Plum Creek Timber as such a stock due to the following factors:
- PCL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $43.5 million.
- PCL traded 101,823 shares today in the pre-market hours as of 8:20 AM, representing 10.8% of its average daily volume.
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More details on PCL:
Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. The stock currently has a dividend yield of 4.3%. PCL has a PE ratio of 31. Currently there are 2 analysts that rate Plum Creek Timber a buy, 1 analyst rates it a sell, and 4 rate it a hold.
The average volume for Plum Creek Timber has been 1.1 million shares per day over the past 30 days. Plum Creek Timber has a market cap of $7.1 billion and is part of the industrial goods sector and materials & construction industry. The stock has a beta of 0.69 and a short float of 5.8% with 10.79 days to cover. Shares are down 4% year-to-date as of the close of trading on Thursday.
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Analysis:
rates Plum Creek Timber as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Highlights from the ratings report include:
- PCL's revenue growth has slightly outpaced the industry average of 6.0%. Since the same quarter one year prior, revenues rose by 10.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, PLUM CREEK TIMBER CO INC's return on equity exceeds that of both the industry average and the S&P 500.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 63.9% when compared to the same quarter one year prior, rising from $61.00 million to $100.00 million.
- Net operating cash flow has increased to $195.00 million or 46.61% when compared to the same quarter last year. In addition, PLUM CREEK TIMBER CO INC has also vastly surpassed the industry average cash flow growth rate of -24.80%.
- 44.20% is the gross profit margin for PLUM CREEK TIMBER CO INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 24.15% trails the industry average.
- You can view the full Plum Creek Timber Ratings Report.
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