Alert: Positive Investment/Fundamental Signals (11/6/19)-Tim Participacoes SA (NYSE: TSU)

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Recent extremely meaningful positive changes in investment behavior have benefitted Tim Participacoes SA (NYSE: TSU): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

Meaningful positive changes in fundamentals have recently occurred for Tim Participacoes SA (NYSE: TSU). Positive developments: the consensus estimate for December, 2020 increased significantly, the consensus estimate for December, 2019 increased significantly, and significant quarterly earnings acceleration occurred. Negative development: significant quarterly sales deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

TSU is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Tim Participacoes has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Tim Participacoes has a neutral Appreciation Score of 48 and a neutral Power Rating of 45, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

Tim Participacoes SA (NYSE: TSU) stock closed at $15.28 on 11/6/19 after a large increase of 3.3%. Moreover, trading volume in this advance was exceptionally high at 208% of normal. The stock has performed in line with the market over the last nine months and has risen 7.3% during the last week.

About John Lafferty 52821 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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