Thread:
Vector Vest on TTN:
Stock Analysis of Titan Corp.
Thank you for requesting an analysis of Titan Corp. from VectorVest ProGraphics. The ticker
symbol for Titan Corp. is TTN. TTN is traded on the New York Stock Exchange.
PRICE: TTN closed on 15-Apr-1998 at $8.10 per share.
VALUE: TTN has a Value of $9.80 per share. Value is the foundation of the VectorVest
system.It is a measure of what a stock is currently worth. Value is based upon earnings,
earnings growth rate, dividend payments, dividend growth rate, and financial performance.
Current interest and inflation rates also play an important role in the computation of Value.
When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation
increase, Value goes down. Sooner or later a stock's Price and Value always converge.
RV (Relative Value): TTN has an RV of 1.19. On a scale of 0.00 to 2.00, an RV of 1.19 is
good. RV reflects the long-term price appreciation potential of the stock compared to an
alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have
attractive upside potential. A stock will have an RV greater than 1.00 when its Value is
greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate
are above average. In some cases, however, a stock's RV will be above 1.00 even though its
Value is well below Price. This happens when a stock has an exemplary record of financial
performance and an above average earnings growth rate. In this case, the stock is currently
selling at a premium, and the investor is banking on future earnings growth to drive the stock's
price higher. This information is very useful not only in knowing whether or not a stock has
favorable price appreciation potential, but it also solves the riddle of whether to buy high
growth, high P/E, or low growth, low P/E stocks.
We believe that RV ratings above 1.00 are required to consistently achieve above average
capital gains in the stock market.
RS (Relative Safety): TTN has an RS rating of 0.89. On a scale of 0.00 to 2.00, an RS of
0.89 is poor. VectorVest looks at safety from the viewpoint of an equity investor (one who is
buying stock of a company) rather than that of a purchaser of debt (one who is lending money
to the company). From this perspective, consistency of financial and operating performance,
stock price appreciation history, and price volatility are the key factors used in the evaluation
of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity
and other factors are also considered, but to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to
2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of
all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average
stock.
RT (Relative Timing): TTN has an RT rating of 1.65. On a scale of 0.00 to 2.00, an RT of
1.65 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the
direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then
reflects and projects the short-term price performance of the stock. Once a stock's Price has
established a strong trend, it is expected to continue that trend for the short-term. If the trend
dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will
notice the crucial turning point. When warranted, it will explode from a Price low and dive
from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock's Price is in an
uptrend. Below 1.00, the stock's Price is in a downtrend.
VST-Vector (VST): TTN has a VST-Vector rating of 1.30. On a scale of 0.00 to 2.00, an
VST of 1.30 is excellent. VST-Vector solves the dilemma of balancing Value, Safety and
Timing. Stocks with high RV values often have low RS values, or stocks withlow RV and RS
values have high RT's. How can we find the stocks with the best combinations of Value,
Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem. It
combines a set of forces into a single indicator for ranking every stock in the VectorVest
database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and
Timing. These are the ones to own for above average capital application.
GRT (Growth Rate): TTN has a GRT of 17 % per year. This is very good. GRT stands for
forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every
stock. Watch GRT trends very carefully. If the GRT trend is up, the stock's Price will likely
rise. If the GRT trend is down, the stock's Price will increase more slowly, cease to increase,
or subsequently fall.
Recommendation (REC): TTN has a Buy recommendation. REC reflects the cumulative
effect of all the VectorVest parameters working together. These parameters are designed to
help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell
risky, overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock's price is approximately 10%
above a recent low, and an "S" signal when the stock's price is approximately 10% below a
recent high. High RV, RS stocks are favored toward receiving "B" REC's, and sheltered from
receiving "S" RECs.
STOP-PRICE: TTN has a Stop-Price of$ 7.20 per share. This is $0.90 or11.1% belowits
current closing Price. VectorVest analyzes over 6,000 stocks each day for Value, Safety and
Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13
week moving averages of closing prices, and are fine-tuned according to each stock's
fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its
Stop-Price, and an "S" recommendation if its price is below its Stop-Price.
DIV (Dividend): TTN does not pay a dividend. VectorVest focuses on annual, regular,
cash dividends indicated by the most recent disbursement. Special distributions, one-time
payments, stock dividends, etc., generally are not included in Dividend (DIV).
DY (Dividend Yield): TTN has a DY of 0.0 percent. This is below the current market
average of 1.2 percent. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.
EY (Earnings Yield): TTN has an EY of 4.92%. This is above the current market average
of 4.68%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a
percentage.
EPS (Earnings Per Share): TTN has an EPS of $0.40 per share. EPS stands for leading
12 months Earnings Per Share. VectorVest determines this forecast from a combination of
recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): TTN has a P/E ratio of 20.31. This ratio is computed daily
based upon Price and EPS. P/E = Price/EPS.
GPE (Growth to P/E Ratio): TTN has a GPE of 0.84. This ratio suggests that This ratio
suggests that TTN is overvalued. Growth to P/E ratio is a popular measure of stock valuation
which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is
considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest
believes that RV is a much better indicator of long-term value. The RV of 1.19 for TTN is
good.
DS (Dividend Safety): TTN has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at
higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.
RISK (Dividend Risk): TTN does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.
DG (Dividend Growth): TTN has a DG of 0 percent per year. Dividend Growth is a
subtle yet important indicator of a company's historical financial performance and the board's
current outlook on the future use of funds.
YSG-VECTOR (Yield-Safety-Growth Vector): TTN has a YSG-Vector of 0.00. On a
scale of 0.00 to 2.00, an YSG-Vector rating of 0.00 is very poor. VectorVest combines
Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows
direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values
have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy
for above average current income and long-term growth.
VOL(100)s: TTN traded 708900 shares on 15-Apr-1998.
AVG VOL(100)s: TTN has an Average Volume of 144438. Average Volume is 50 day
moving average of daily volume as computed by VectorVest.
% VOL: TTN had a Volume change of 390.8% from its 50 day moving average volume.
OPEN: TTN opened trading at $7.80 per share on 15-Apr-1998.
HIGH: TTN traded at a high of $8.30 per share on 15-Apr-1998.
LOW: TTN traded at a low of $7.80 per share on 15-Apr-1998.
CLOSE: TTN Closed trading at $8.10 per share on 15-Apr-1998.
% PRC: TTN showed a Price change of 6.6% from the prior day's closing price.
INDUSTRY: TTN has been assigned to the Computer (Ancillary Eqp) Group. VectorVest
classifies stocks into over 190 Industry Groups and 50 Business Sectors.
TTN has below average safety with above average upside potential. It reflects a stock which
is likely to give above average,inconsistent returns over the long term.
Looks like a winner!
IsaacF1 |
