Home Sectors Industrials Current Change: Anixter International (NYSE: AXE)

Current Change: Anixter International (NYSE: AXE)

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Anixter International is in the industrials sector and is in the industrial distribution industry. The company CEO is William A. Galvin. Anixter International Inc is a value-added distributor of communications and security, electrical wire, and cable products and fasteners.

Previous Intraday Trading Performance:

The AXE stock showed a previous change of 1.09% with an open at 57.33 and a close of 57.77. It reached an intraday high of 58.13 and a low of 57.29.

Business Wire:  Anixter International Inc. Appoints Bill Simon, Chuck Swoboda to the Board of Directors

Liquidity:

The stock has a market cap of $1.9b with 33.5m shares outstanding, of which the float is 31.7m shares. Trading volume reached 120,063 shares compared to its average volume of 255,889 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Anixter International shares returned 4.09% and in the past 30 trading days it returned -3.73%. Over three months, it changed 0.28%. In one year it has changed -26.45% and within that year its 52-week high was 80.50 and its 52-week low was 50.05. AXE stock is 15.42% above its 52 Week Low.

Our calculations show a 200 day moving average of 64.43 and a 50 day moving average of 58.95. Currently AXE stock is trading -10.34% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Anixter International Inc. Appoints Bill Simon, Chuck Swoboda to the Board of Directors

Earnings:

The last annual fiscal EPS for the company was reported at 5.83 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.61. Based on 2 analyst estimates, the consensus EPS for the next quarter is 1.46. The TTM EPS is 5.83, which comes to a TTM PE of 9.91. Historically, the PE high was 27.70 and the PE low was 9.50. If the stock reached its PE low, that would represent a price of 55.38, which is a decrease of -4.14%.

The following are the last four quarter reported earnings per share:
12-31-2018:  1.53
09-30-2018:  1.61
06-30-2018:  1.53
03-31-2018:  1.16

Base on our calculations, the intrinsic value per share is 108.61, which means it is possibly undervalued and has a margin of safety of 46.81%

Indicators to Watch:

Based on the latest filings, there is 122.50% of institutional ownership. Short-interest is 316,419, which is 0.95% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.13. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.88

SeekingAlpha:  ANI Pharmaceuticals beats by $0.08, beats on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 10.54%, return on assets is 3.58%, profit margin is 1.88%, price-to-sales is 0.23 and price-to-book is 1.22.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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