2 Stocks that moved up and 2 that moved down – PGH, ING, RWC and SUL

4 min read | August 29, 2018 06:00 PM AEST | By Team Kalkine Media

PACT GROUP HOLDINGS LTD (ASX:PGH) - The positive outlook boosted the stock upward. The company had significant EBITDA impact of $13 million from higher input costs with financial results of EBITDA at $237 million which is up by 2%. In line with the expectations, there was strong revenue and earnings growth from strategic initiatives. The net debt has come down from $647 million in FY 17 to $599 million in FY 18. Final dividends were of 11.5 cps with total of 23.0 cps in line with prior guidance. The stock was trading at a market price of $4.050 and with a daily price change of $0.110 and a percentage change of 2.792% as at August 29, 2018. The stock has however, undergone a performance change of a -23.97% over the past 12 months. The P/E is of 16.840 and the EPS is still on a positive side 0.234 AUD which reflects signs of future growth.

INGHAMS GROUP LIMITED (ASX: ING) - Supported by working capital management and strategic asset sales there is strong operating cash flow generation. Volume grew at 3.2% for core chicken and turkey. The company has achieved EBITDA growth of 7.1% to $208.9 million and the NPAT growth to $114.6 million up by 12.4%. Most importantly, cash on hand is up from $273.7 million by 83.7% on prior year balance of $149.0 million. The stock was trading at a market price of $3.700 and with a daily price change of $0.090 and a percentage change of 2.493% as at August 29, 2018. The stock has however, undergone a performance change of a 2.27% over the past 12 months. The P/E of the company is 11.720 and EPS is still on a positive side 0.308 AUD i.e. a growth of 12.4% which reflects signs of future growth. [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]

RELIANCE WORLDWIDE CORPORATION LIMITED (ASX:RWC) - The Group successfully completed the acquisition of all the issued shares of John Guest Holdings Limited on the terms which were announced on 24 May 2018. The group has significant exposure to the offshore currency, US particularly and growth is expected to be witnessed going forward given the acquisition moves. In line with guidance, the company delivered strong growth. The stock was trading at a market price of $5.400 and with a daily price change of -$0.350 and a percentage change of -6.087% as at August 29, 2018. After it revealed a softer outlook for profits in 2018-19 and because of higher cost of copper, the group’s share price suffered. The stock has however, undergone a performance change of an attractive 62.00% over the past 12 months. The P/E of the company is 46.750 and EPS is still on a positive side 0.123 AUD which reflects signs of future growth.

SUPER RETAIL GROUP LIMITED (ASX:SUL) - The total group sales of $2.57 billion is up by 4.2%. Up by $73.9 million, the operating cashflow is of $308.4 million which is up on pcp. The full year dividend is up by 5.4% to 49.0 cents per share. Through transformation the company has continued strong cash generation. However, net debt increased due to full debt funding of Macpac acquisition of $133.8m. The stock was trading at a market price of $9.590 and with a daily price change of -$0.320 and a percentage change of -3.229% as at August 29, 2018. The stock has however, undergone a performance change of a 20.56% over the past 12 months. The P/E of the company is 15.250 and EPS is still on a positive side 0.650 AUD which compares well among its peers.

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