Trade-Ideas LLC identified

Analogic

(

ALOG

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Analogic as such a stock due to the following factors:

  • ALOG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.2 million.
  • ALOG has traded 12.2387999999999994571453498792834579944610595703125 options contracts today.
  • ALOG is making at least a new 3-day high.
  • ALOG has a PE ratio of 75.
  • ALOG is mentioned 1.65 times per day on StockTwits.
  • ALOG has not yet been mentioned on StockTwits today.
  • ALOG is currently in the upper 20% of its 1-year range.
  • ALOG is in the upper 35% of its 20-day range.
  • ALOG is in the upper 45% of its 5-day range.
  • ALOG is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on ALOG:

Analogic Corporation, a technology company, designs, manufactures, and sells medical imaging, ultrasound, and security systems and subsystems to original equipment manufacturers (OEMs) and end users in the healthcare and airport security markets worldwide. The stock currently has a dividend yield of 0.5%. ALOG has a PE ratio of 75. Currently there is 1 analyst that rates Analogic a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Analogic has been 75,400 shares per day over the past 30 days. Analogic has a market cap of $1.1 billion and is part of the health care sector and health services industry. The stock has a beta of 0.72 and a short float of 5.9% with 8.50 days to cover. Shares are up 3.8% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Analogic as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • ALOG has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.55, which clearly demonstrates the ability to cover short-term cash needs.
  • Net operating cash flow has significantly increased by 134.70% to $16.04 million when compared to the same quarter last year. In addition, ANALOGIC CORP has also vastly surpassed the industry average cash flow growth rate of -16.74%.
  • 47.51% is the gross profit margin for ANALOGIC CORP which we consider to be strong. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, ALOG's net profit margin of 3.88% significantly trails the industry average.
  • ANALOGIC CORP's earnings per share declined by 44.4% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, ANALOGIC CORP reported lower earnings of $2.65 versus $2.74 in the prior year. This year, the market expects an improvement in earnings ($3.75 versus $2.65).
  • ALOG, with its decline in revenue, underperformed when compared the industry average of 6.9%. Since the same quarter one year prior, revenues slightly dropped by 4.2%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.

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