- TSO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $189.3 million.
- TSO has traded 754,617 shares today.
- TSO traded in a range 209.6% of the normal price range with a price range of $5.15.
- TSO traded above its daily resistance level (quality: 16 days, meaning that the stock is crossing a resistance level set by the last 16 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).
Stocks matching the 'Barbarian at the Gate' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying positive price action. In this case, the stock crossed an important inflection point; namely, 'resistance' while at the same time the range of the stock's movement in price is more than twice its normal size. This large range foreshadows a possible continuation as the stock moves higher. EXCLUSIVE OFFER: Get the inside scoop on opportunities in TSO with the Ticky from Trade-Ideas. See the FREE profile for TSO NOW at Trade-Ideas More details on TSO: Tesoro Corporation, through its subsidiaries, engages in petroleum refining and marketing activities in the United States. It operates in three segments: Refining, Tesoro Logistics LP (TLLP), and Retail. The stock currently has a dividend yield of 1.8%. TSO has a PE ratio of 13. Currently there are 6 analysts that rate Tesoro a buy, no analysts rate it a sell, and 6 rate it a hold. The average volume for Tesoro has been 2.1 million shares per day over the past 30 days. Tesoro has a market cap of $12.2 billion and is part of the basic materials sector and energy industry. The stock has a beta of 2.26 and a short float of 6.9% with 4.57 days to cover. Shares are up 32% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Tesoro as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- Powered by its strong earnings growth of 94.91% and other important driving factors, this stock has surged by 62.03% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, TSO should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- TESORO CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, TESORO CORP increased its bottom line by earning $6.69 versus $2.83 in the prior year. This year, the market expects an improvement in earnings ($8.88 versus $6.69).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 85.9% when compared to the same quarter one year prior, rising from $78.00 million to $145.00 million.
- Net operating cash flow has slightly increased to -$148.00 million or 1.33% when compared to the same quarter last year. In addition, TESORO CORP has also vastly surpassed the industry average cash flow growth rate of -48.80%.
- You can view the full Tesoro Ratings Report.
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