Post-Earnings Analysis - Tyco International

LONDON, December 8, 2014 /PRNewswire/ --

Investor-Edge.com has issued free Post-Earnings analysis on Tyco International Ltd (NYSE: TYC). On November 13, 2014, the company reported its Q4 FY14 and full-year FY14 financial results (period ended September 26, 2014). Click on www.investor-edge.com/FreeReports to read our free earnings review on Tyco International Ltd (Tyco). For Q4 FY14 and FY14, the company's revenue increased 4% and 3%, respectively, on a Y-o-Y basis. The CEO of Tyco, George Oliver, stated that the company had another solid quarter and a strong finish to its second year as the new Tyco. Our free coverage report can be accessed at:

www.investor-edge.com/register

Earnings Overview 

Tyco's Q4 FY14 revenue increased to $2.7 billion, from $2.6 billion in Q4 FY13. The company's Q4 FY14 revenue came in line with the Bloomberg analysts' forecasts of $2.7 billion. During the reported quarter, Tyco's revenues from its North America Installation & Services and Rest of World Installation & Services segments, both increased 2% on Y-o-Y basis, while for its Global Products segment revenue grew 9% Y-o-Y. Mr. Oliver informed that the company's organic growth in the quarter was led by its strong technology position in its Global Products businesses, where the company grew 8%.  This, coupled with Tyco's continued productivity initiatives and capital allocation drove a 19% increase in earnings per share for the quarter, he added. The free research on TYC can be downloaded as in PDF format at:

www.Investor-Edge.com/TYCFreeReport

For FY14, the company's revenue stood at $10.3 billion, compared to $10.1 billion in FY13. Tyco's FY14 revenues from North America Installation & Services segment stood nearly flat, while Tyco's Rest of World Installation & Services and Global Products segments witnessed Y-o-Y revenue growth of 2% and 9%, respectively.

During Q4 FY14, Tyco reported a GAAP loss from continuing operations of $76 million, or $(0.17) per diluted share, compared to Income from continuing operations of $135 million, or $0.29 per diluted share, in Q4 FY13. Meanwhile, the company's Q4 FY14 EPS from continuing operations before special items increased to $0.56 per diluted share from $0.47 per diluted share in Q4 FY13. Sign up and read the free analyst's notes on TYC at:

www.Investor-Edge.com/TYC-08122014

Tyco's FY14 GAAP income from continuing operations increased to $794 million, or $1.71 per diluted share, from $443 million, or $0.94 per diluted share, in FY13. Analysts from Bloomberg had expected the company to report earnings of $1,439 million, or $2.34 per diluted share. Further, the company's FY14 EPS from continuing operations before special items increased to $1.99 per diluted share from $1.66 per diluted share in FY13.

Mr. Oliver mentioned that overall, he is very pleased with Tyco's performance this past year  with the company delivering strong results, taking strategic action with its portfolio management with focused on acquisitions and divestitures, and returning excess cash to shareholders, all of which resulted in a 20% increase in earnings per share for 2014.

On the day of the earnings release, November 13, 2014, Tyco's stock declined 2.12%, ending the session at $42.44. Although the stock has moved both ways since then, the gains have outweighed the losses so far. On the last close, Friday, December 05, 2014, the stock finished at $43.36, up 0.25%. The company's shares oscillated between $43.19 and $43.61 during the session. A total of 1.63 million shares were traded, which was below its three months average volume of 3.59 million shares. Over the last three trading sessions and since the start of this year, the company's shares have gained 0.46% and 5.65%, respectively. However, the stock has fallen by 0.18% in the last one month and 1.66% in the past three months. Shares in Tyco closed above their 50-day and 200-day moving averages of $42.41 and $43.29, respectively. Furthermore, the stock traded at a PE ratio of 21.67 and has a Relative Strength Index (RSI) of 56.06. Visit Investor-Edge and access the latest research on TYC at:

www.Investor-Edge.com/TYCEarningsCoverage

Sneak Peek to Corporate Insider Trading 

In the last one month, there were 25 insider transactions made by 9 individuals. Between November 20, 2014 and December 04, 2014, a total of 352,985 shares have been purchased at an average price of $27.14 per share, for a total value of $9.58 million. During the same period, a total of 324,043 shares, worth $13.91 million, were disposed at an average price of $42.94 per share. These are some of the insider trading transactions: during the stated period, Lawrence B. Costello, Executive Vice President and Chief Human Resources Officer at Tyco, purchased 35,835 shares at an average price of $25.83 per share and sold 36,823 shares at an average price of $43.08 per share.  Edward D. Breen, Chairman at Tyco, bought 273,566 shares at an average price of $27.91 per share and he disposed 222,461 shares at an average price of $43.00 during the same period. On December 04, 2014, George R. Oliver purchased 22,586 shares at $21.61 per share and on the same day; he disposed an equal number of shares at $43.12 per share. Complimentary in-depth research on TYC is available at:

www.Investor-Edge.com/TYCInsiderTrading

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