Retail Opportunity Investments (ROIC) Showing Signs Of Being Strong And Under The Radar

Trade-Ideas LLC identified Retail Opportunity Investments ( ROIC) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Retail Opportunity Investments as such a stock due to the following factors:

  • ROIC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $21.6 million.
  • ROIC has traded 3.970099999999999962341235004714690148830413818359375 options contracts today.
  • ROIC is making at least a new 3-day high.
  • ROIC has a PE ratio of 75.
  • ROIC is mentioned 0.81 times per day on StockTwits.
  • ROIC has not yet been mentioned on StockTwits today.
  • ROIC is currently in the upper 20% of its 1-year range.
  • ROIC is in the upper 35% of its 20-day range.
  • ROIC is in the upper 45% of its 5-day range.
  • ROIC 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 ROIC:

Retail Opportunity Investments Corp., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of necessity-based community and neighborhood shopping centers in the eastern and western regions of the United States. The stock currently has a dividend yield of 3.3%. ROIC has a PE ratio of 75. Currently there are 5 analysts that rate Retail Opportunity Investments a buy, 1 analyst rates it a sell, and 5 rate it a hold.

The average volume for Retail Opportunity Investments has been 594,600 shares per day over the past 30 days. Retail Opportunity Investments has a market cap of $2.2 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.59 and a short float of 4.4% with 2.43 days to cover. Shares are up 22.1% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Retail Opportunity Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, 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:
  • The revenue growth came in higher than the industry average of 11.9%. Since the same quarter one year prior, revenues rose by 24.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • RETAIL OPPORTUNITY INVTS CP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. We anticipate these figures will begin to experience more growth in the coming year. During the past fiscal year, RETAIL OPPORTUNITY INVTS CP increased its bottom line by earning $0.24 versus $0.23 in the prior year. This year, the market expects an improvement in earnings ($0.28 versus $0.24).
  • 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 91.1% when compared to the same quarter one year prior, rising from $4.20 million to $8.03 million.
  • Net operating cash flow has increased to $35.51 million or 23.68% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 11.47%.
  • 38.96% is the gross profit margin for RETAIL OPPORTUNITY INVTS CP 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, ROIC's net profit margin of 14.30% significantly trails the industry average.

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