Trade-Ideas LLC identified

Tribune Publishing

(

TPUB

) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Tribune Publishing as such a stock due to the following factors:

  • TPUB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $10.1 million.
  • TPUB has traded 88,620 shares today.
  • TPUB is trading at 2.29 times the normal volume for the stock at this time of day.
  • TPUB is trading at a new low 3.04% below yesterday's close.

'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on TPUB:

Tribune Publishing Company, a multiplatform media and marketing solutions company, publishes newspapers in the United States. The stock currently has a dividend yield of 6.3%. Currently there are no analysts that rate Tribune Publishing a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Tribune Publishing has been 424,300 shares per day over the past 30 days. Tribune Publishing has a market cap of $350.0 million and is part of the services sector and media industry. Shares are up 41.1% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Tribune Publishing as a

hold

. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from the ratings report include:

  • Net operating cash flow has increased to $27.64 million or 31.34% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 3.05%.
  • TPUB, with its decline in revenue, slightly underperformed the industry average of 4.7%. Since the same quarter one year prior, revenues slightly dropped by 0.0%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • TRIBUNE PUBLISHING CO has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past year. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, TRIBUNE PUBLISHING CO swung to a loss, reporting -$0.10 versus $1.65 in the prior year. This year, the market expects an improvement in earnings ($0.94 versus -$0.10).
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Media industry and the overall market, TRIBUNE PUBLISHING CO's return on equity significantly trails that of both the industry average and the S&P 500.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Media industry. The net income has significantly decreased by 357.0% when compared to the same quarter one year ago, falling from $2.52 million to -$6.46 million.

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