Home Dividends High Dividend Yield Recent Valuation: PotlatchDeltic Corporation (NASDAQ: PCH)

Recent Valuation: PotlatchDeltic Corporation (NASDAQ: PCH)

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PotlatchDeltic Corporation trades as part of the real estate sector and is part of the REITs industry. The company CEO is Michael J. Covey. PotlatchDeltic Corp, formerly Potlatch Corp, is a real estate investment trust. It operates a real estate sales business and five wood products manufacturing facilities that produce lumber and plywood.

Previous Intraday Trading Performance:

The PCH stock showed a previous change of 1.22% with an open at 33.79 and a close of 33.93. It reached an intraday high of 34.03 and a low of 33.50.

SeekingAlpha:  The ‘Monthly Rent Check’ Portfolio

Liquidity:

The stock has a market cap of $2.3b with 67.6m shares outstanding, of which the float is 66.1m shares. Trading volume reached 528,217 shares compared to its average volume of 427,652 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, PotlatchDeltic Corporation shares returned -1.39% and in the past 30 trading days it returned -11.87%. Over three months, it changed -4.43%. In one year it has changed -31.54% and within that year its 52-week high was 52.65 and its 52-week low was 28.07. PCH stock is 20.87% above its 52 Week Low.

Our calculations show a 200 day moving average of 37.43 and a 50 day moving average of 37.50. Currently PCH stock is trading -9.36% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  The ‘Monthly Rent Check’ Portfolio

Earnings:

The last annual fiscal EPS for the company was reported at 1.91 that ended on 31st of December 2018, which according to the previous close, that is a PE of 17.76. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.04. The TTM EPS is 2.35, which comes to a TTM PE of 14.44. Historically, the PE high was 213.60 and the PE low was 12.70. If the stock reached its PE low, that would represent a price of 29.84, which is a decrease of -12.05%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/29/2019): 0.10
4thQtr of 2018 (Reported on 02/04/2019): 0.03
3rdQtr of 2018 (Reported on 10/29/2018): 0.93
2ndQtr of 2018 (Reported on 07/30/2018): 0.73
1stQtr of 2018 (Reported on 05/03/2018): 0.29

The dividend per share is currently 1.60, which is a dividend yield of 4.72%.

Base on our calculations, the intrinsic value per share is 35.32, which means it is possibly undervalued and has a margin of safety of 3.94%.

Indicators to Watch:

The current calculated beta is 1.36.

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Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 5.18%, profit margin is 12.06%, price-to-sales is 2.37 and price-to-book is 1.77.

Company Scores:

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