Are These Stocks Primed for the Gutter? – SITE Centers Corp. (SITC) And Albemarle Corporation (ALB)

3 analysts out of 19 Wall Street brokerage firms rate SITE Centers Corp. (NYSE:SITC) as a Buy, while 2 see it as a Sell. The rest 14 describe it as a Hold. SITC stock traded higher to an intra-day high of $13.31. At one point in session, its potential discontinued and the price was down to lows at $13.06. Analysts have set SITC’s consensus price at $13.32, effectively giving it a 1.45% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $14.5 (up 10.43% from current price levels). SITC has a 4.3% ROE, lower than the 6.79% average for the industry. The average ROE for the sector is 15.43%.

It is expected that in Mar 2019 quarter SITC will have an EPS of $0.29, suggesting a -44.23% growth. For Jun 2019 is projected at $0.29. It means that there could be a -40.82% growth in the quarter. Yearly earnings are expected to rise by -30.12% to about $1.16. As for the coming year, growth will be about 0.86%, lifting earnings to $1.17. RSI after the last trading period was 51.87. SITC recorded a change of 1.78% over the past week and returned 2.26% over the last three months while the SITC stock’s monthly performance revealed a shift in price of -0.98%. The year to date (YTD) performance stands at 18.61%, and the bi-yearly performance specified an activity trend of -7.4% while the shares have moved 8.65% for the past 12 months.

SITE Centers Corp. (SITC) currently trades at $13.13, which is lower by -2.23% its previous price. It has a total of 181.29 million outstanding shares, with an ATR of around 0.28. The company’s stock volume dropped to 1 million, worse than 1.2 million that represents its 50-day average. A 5-day increase of about 1.78% in its price means SITC is now 18.61% higher on year-to-date. The shares have surrendered $43444.87 since its $15.06 52-week high price recorded on 21st of June 2018. Overall, it has seen a growth rate of 8.65 over the last 12 months. The current price per share is $2.42 above the 52 week low of $10.71 set on 24th of December 2018.

SITE Centers Corp. (NYSE:SITC)’s EPS was $0.31 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.56. That means that its growth in general now stands at -45%. Therefore, a prediction of $0.3 given by the analysts brought a positive surprise of 3%. SITC Dec 19 quarter revenue was $121.49 million, compared to $209.43 million recorded in same quarter last year, giving it a -42% growth rate. The company’s $-87.94 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Albemarle Corporation (NYSE:ALB) shares depreciated -1.72% over the last trading period, taking overall 5-day performance up to 0.15%. ALB’s price now at $84.73 is greater than the 50-day average of $81.44. Getting the trading period increased to 200 days, the stock price was seen at $91.81 on average. The general public currently hold control of a total of 105.19 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 107.83 million. The company’s management holds a total of 0.4%, while institutional investors hold about 98.5% of the remaining shares. ALB share price finished last trade -2.18% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -7.77%, while closing the session with 4.24% distance from 50 day simple moving average.

Albemarle Corporation (ALB) shares were last observed trading -22.08% down since November 07, 2018 when the peak of $108.74 was hit. Last month’s price growth of 5.32% puts ALB performance for the year now at 9.94%. Consequently, the shares price is trending higher by 17.86%, a 52-week worst price since Dec. 26, 2018. However, it is losing value with -14.28% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $83.55 and $84.14. The immediate resistance area is now $85.76 Williams’s %R (14) for ALB moved to 68.15 while the stochastic %K points at 37.84.

ALB’s beta is 1.69; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $6.09 per share from its yearly profit to its outstanding shares. Its last reported revenue is $921.7 million, which was 7% versus $857.79 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $1.53 compared to $1.34 in the year-ago quarter and had represented 14% year-over-year earnings per share growth. ALB’s ROA is 9.2%, higher than the 7.8% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.32%.

Estimated quarterly earnings for Albemarle Corporation (NYSE:ALB) are around $1.37 per share in three months through March with $1.5 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 5.38% and 10.29%, respectively. Analysts estimate full-year growth to be 13.69%, the target being $6.23 a share. The upcoming year will see an increase in growth by percentage to 9.79%, more likely to see it hit the $6.84 per share. The firm’s current profit margin over the past 12 months is 20.6%. ALB ranks higher in comparison to an average of 9.44% for industry peers; while the average for the sector is 7.23%.