Positive investment interest means that the current risk reward ratio favors investment consideration at this time.
The recent close of $43.98 is approximately 2% above the fair value buy target for the stock and approximately 50% below the fair value close target for the stock. The recent close is also 32% below analysts' twelve-month $65.00 median price target for the stock.
The recent close represents an 1% increase in the one year price of the stock, while year-over-year sales increased 9%, year-over-year earnings increased 45%, and year-over-year debt decreased 5%.
The stock currently has a trailing twelve-month PE Ratio of 4, a flow ratio of 1.04, and a PEG Ratio of 0.2 basis estimated forward earnings growth of 18%.
In the past 52 weeks, share prices have moved between a high of $65.75 and a low of $35.28, placing equilibrium at $50.61.
With the recent close, the stock is trading 50% below the 52 week high, 20% above the 52 week low, and 15% below equilibrium.
The three-month average daily trading volume for the stock is approximately 3.1 million shares.
Tesoro Corporation together with its subsidiaries, engages in refining and marketing petroleum products in the United States.
The company's listed competitors include HollyFrontier Corporation, Shell Oil Products,and Valero Energy Corporation.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 30, 2013.
All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.