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Investor’s Alert: Starz (STRZA), Tempur Sealy International Inc (TPX), Primerica, (PRI)

U.S. stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve’s interest hike, weighed down the market.

The expiration of stock and index options contracts added volatility in a heavy trading volume day.

The S&P and Dow had their worst two-day performance since Sept. 1, while indexes posted losses for the week.

“It’s a confluence of all the factors: oil prices continuing to run down, the Chinese trying to counteract the dollar and everyone is digesting, globally, what the Fed’s announcement means for emerging markets and everything else,” said J.J. Feldman, portfolio manager at Miracle Mile Advisors in Los Angeles.

The week was dominated by the Fed, which raised rates on Wednesday for the first time in nearly a decade.

Financial stocks, which fell 2.5 percent, was the worst-performing S&P sector on Friday. The biggest drag on the financial index, Berkshire Hathaway, was down 3.3 percent.

Bank of America was down 3.1 percent, while Wells Fargo was down 3 percent and JPMorgan was off 2.8 percent.

The Dow Jones industrial average closed down 367.25 points, or 2.1 percent, to 17,128.55, the S&P 500 had lost 36.34 points, or 1.78 percent, to 2,005.55 and the Nasdaq Composite had dropped 79.47 points, or 1.59 percent, to 4,923.08.

Starz (NASDAQ:STRZA) stock edged lower by -4.24% to close Friday’s session at USD 15.81. The company’s shares hovered between USD 15.67 and USD 16.82 during the session. The stock traded with the volume of 1.03 million shares, which was below its 3 month average volume of 312.10K shares and below its 1 month average volume of 359,147.00shares. Over the last 5 days, Starz‘s shares have declined by -22.58% and in the past one month it has moved down -21.98%. Furthermore, over the last three months, the stock has lost -23.66% and in the past six months, the shares have fell -31.35%. The stock is trading at a price to book ratio of 4.06 for the most recent quarter. Starz (NASDAQ:STRZA) through its subsidiaries, operates as a media and entertainment company. It operates through Starz Networks, Starz Distribution, and Starz Animation segments. The Starz Networks segment provides premium subscription video programming to U.S. multichannel video programming distributors (MVPDs), including cable operators, satellite television providers, and telecommunications companies.

Can STRZA Extend this Losing Stream? Find Out in This Trend Analysis Report

Tempur Sealy International Inc (NYSE:TPX) lost -4.21% to close Friday’s session at USD 4.78. The shares of the company fluctuated in the range of USD 4.78 and USD 4.97 during the session. A trading volume of 2.81 million shares was recorded, which was less than its 1 month daily average volume of 1.76 million shares and below its 3 month average volume of 1.94 million shares. Over the three months, Tempur Sealy International Inc‘s shares have surged by 21.01% and in the past one year, it has lost -27.25%. Additionally, the stock’s year to date performance has declined -24.01%. Further, the company is trading at a price to earnings ratio of 15.93 and the stock is at a price to book ratio of 0.87. The company has 683.51 million shares outstanding. Tempur Sealy International Inc (NYSE:TPX) on October 29, 2015 announced financial results for the third quarter ended September 30, 2015. The Company also revised financial guidance for the full year 2015.

THIRD QUARTER 2015 FINANCIAL SUMMARY

  • Total net sales increased 6.4% to $880.0 million from $827.4 million in the third quarter of 2014. On a constant currency basis, total net sales increased 10.6%, with growth in both the North America and International business segments.
  • Gross margin under U.S. generally accepted accounting principles (“GAAP”) was 40.9% as compared to 38.5% in the third quarter of 2014. Adjusted gross margin(1) was 41.3% as compared to 38.8% in the third quarter of 2014.
  • Earnings before interest, tax, depreciation and amortization (“EBITDA”)(1) increased 14.3% to $121.4 million as compared to $106.2 million for the third quarter of 2014. Adjusted EBITDA increased 19.1% to $142.3 million as compared to $119.5 million for the third quarter of 2014.
  • GAAP operating income was $110.9 million as compared to $87.1 million in the third quarter of 2014. Operating income included $5.5 million of integration costs, $5.2 million of additional costs related to executive management transition and related retention compensation and $2.4 million of restructuring costs. Operating income in the third quarter of 2014 included $10.9 million of integration and financing costs. Adjusted operating income(1) was $124.0 million, or 14.1% of net sales, as compared to $98.0 million, or 11.8% of net sales in the third quarter of 2014.
  • GAAP Earnings per diluted share (“EPS”) increased to $0.64 as compared to $0.60 in the third quarter of 2014. Adjusted EPS increased 26.1% to $1.11 as compared to adjusted EPS of $0.88 in the third quarter of 2014. On a constant currency basis, adjusted EPS increased 36.4%.
  • The Company ended the third quarter of 2015 with consolidated funded debt less qualified cash of $1.4 billion.  The ratio of consolidated funded debt less qualified cash to EBITDA, calculated in accordance with the Company’s senior secured credit facility,(1) was 3.53 times. In addition, leverage based on the ratio of consolidated funded debt less qualified cash to Adjusted EBITDA was 3.30 times.

How Should Investors React to TPX Now? Find Out in this Trend Analysis Report

Primerica, Inc. (NYSE:PRI)‘s stock decreased by -4.13% to close Friday’s session at USD 9.76. The Company’s shares oscillated in the range of USD 9.68 and USD 10.17. A total of 7.49 million shares exchanged hands, which followed its 1 month daily average volume of 5.46 million shares and was below its 3 month average volume of 3.61 million shares. Over the last five days Primerica, Inc‘s shares have declined by -16.72% and in the past six months it has moved down -63.77%. Furthermore, the stock is trading 9.68% below its 52 week high and 29.86% above its 52 week low. The stock has weekly volatility of 12.80% and monthly volatility of 9.43% with ATR of 1.08. Primerica, Inc. (NYSE:PRI) together with its subsidiaries, distributes financial products to middle income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products.

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