Pre-Market Activity Shows Gains For Keurig Green Mountain (GMCR)
Trade-Ideas LLC identified
(
) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Keurig Green Mountain as such a stock due to the following factors:
- GMCR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $176.2 million.
- GMCR traded 19,084 shares today in the pre-market hours as of 8:02 AM.
- GMCR is up 19% today from yesterday's close.
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More details on GMCR:
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. The stock currently has a dividend yield of 2.6%. GMCR has a PE ratio of 12. Currently there are 2 analysts that rate Keurig Green Mountain a buy, 1 analyst rates it a sell, and 13 rate it a hold.
The average volume for Keurig Green Mountain has been 2.7 million shares per day over the past 30 days. Keurig Green Mountain has a market cap of $6.9 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 1.43 and a short float of 13.8% with 4.26 days to cover. Shares are down 69.7% year-to-date as of the close of trading on Tuesday.
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Analysis:
rates Keurig Green Mountain as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.
Highlights from the ratings report include:
- GMCR's debt-to-equity ratio is very low at 0.15 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.04, which illustrates the ability to avoid short-term cash problems.
- 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 Food Products industry and the overall market, KEURIG GREEN MOUNTAIN INC's return on equity exceeds that of both the industry average and the S&P 500.
- 42.75% is the gross profit margin for KEURIG GREEN MOUNTAIN INC which we consider to be strong. Regardless of GMCR'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 11.71% trails the industry average.
- Looking at the price performance of GMCR's shares over the past 12 months, there is not much good news to report: the stock is down 70.27%, and it has underformed the S&P 500 Index. In addition, the company's earnings per share are lower today than the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
- The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Food Products industry average. The net income has significantly decreased by 26.8% when compared to the same quarter one year ago, falling from $155.15 million to $113.62 million.
- You can view the full Keurig Green Mountain Ratings Report.
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