Core-Mark Holdings (CORE) – Nasdaq

CoreMark_Logo_HZ_CMYKCore-Mark Holding Company, Inc. is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada. It offer retailers the ability to participate in manufacturer and Company sponsored sales and marketing programs, merchandising and product category management services, as well as the use of information systems. In addition, the wholesale distributing capabilities provide services to both manufacturers of consumer products and convenience retailers. It operates in two geographic areas: the United States and Canada. It distribute a line of national and private label convenience store products to over 28,000 customer locations in all 50 states of the United States and five Canadian provinces. On May 2, 2011, the Company acquired Forrest City Grocery Company. On December 17, 2012, the Company acquired J.T. Davenport & Sons, Inc.

The products distributed include cigarettes, other tobacco products, candy, snacks, fast food, groceries, fresh products, dairy, bread, beverages, general merchandise and health and beauty care products. The Company service traditional convenience stores, as well as alternative outlets selling convenience products. Its traditional convenience store customers include many of the major national and super-regional convenience store operators, as well as thousands of multi- and single-store customers. Its alternative outlet customers comprise a variety of store formats, including grocery stores, drug stores, liquor stores, cigarette and tobacco shops, hotel gift shops, military exchanges, college bookstores, casinos, movie theaters, hardware stores, airport concessions and other specialty and small format stores that carry convenience products.

The Company operates a network of 26 distribution centers (excluding two distribution facilities it operates as a third party logistics provider) in the United States and Canada. It distribute in excess of 45,000 stock keeping units (SKUs) of packaged consumable goods to its customers and also provide an array of information and data services that enable its customers to manage retail product sales and marketing functions.

The Company competes with McLane Company, Inc., Core-Mark, H.T. Hackney Company, Eby-Brown Company, Karrys Wholesale Distributors and Wallace, Carey, Inc., Budweiser, Miller-Coors, Coca-Cola, Frito-Lay and PepsiCo.


Please note that the Technical Indicators and Fundamental Factors indicated below will change during the day as the market fluctuates.

Technical Indicators:

  • 100% Technical buy signals
  • Trend Spotter buy signal
  • Above ts 20, 50 and 100 day moving averages
  • 6 new highs and up 4.26% in the last month
  • Relative Strength Index 69.99%
  • Technical support level at 53.46
  • Recently traded at 55.98 with a 50 day moving average of 51.64

 

Fundamental factors:
  • Market Cap: $1.3 Billion
  • P/E: 31.44
  • EPS: $1.79
  • Dividend Yield: 0.78%
  • Revenue expected to grow 6.80% this year and another 15.10% next year
  • Earnings estimated to increase by 8.40% this year, an additional 15.140% next year and continue to increase at an annual rate of 14.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy and 1 buy recommendation on the stock
The most successful technical trading signal for this stock has been the 50 day moving average.

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