Renewable Energy Leads Top Upgrades List
ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities.When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.
We combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market.Two factors can lower these figures-- a market pullback, or a significant rise in EPS estimates.
We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.
So, for today's bulletin we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Renewable Energy (REGI) is our top-rated upgrade this week.
|
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Return |
1-M Forecast Return |
1-Yr Forecast Return |
P/E Ratio |
Sector Name |
|
RENEWABLE ENERG |
8.7 |
-23.58% |
19.18% |
1.28% |
15.44% |
4.65 |
Oils-Energy |
|
|
CHANGYOU.COM |
23.6 |
-11.88% |
21.40% |
1.18% |
14.26% |
7.49 |
Computer and Technology |
|
|
ELECTRO SCI IND |
5.78 |
-43.68% |
37.29% |
0.58% |
7.01% |
N/A |
Computer and Technology |
|
|
MAGIC SOFTWARE |
7.88 |
19.91% |
33.33% |
0.51% |
6.14% |
16.30 |
Computer and Technology |
|
|
TOTAL FINA SA |
48.49 |
-2.57% |
13.67% |
0.50% |
6.03% |
13.88 |
Oils-Energy |
Below is today's data on Renewable Energy (REGI):
Renewable Energy Group Inc. (REGI) is a biodiesel manufacturer and marketer. The Company is focused on converting natural fats, oils and greases into biodiesel. It sells REG-9000 biodiesel to distributors throughout the United States. Renewable Energy Group Inc. is headquartered in Ames, Iowa.
VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for RENEWABLE ENERGY on 2016-08-26. Based on the information we have gathered and our resulting research, we feel that RENEWABLE ENERGY has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Price Sales Ratio.
|
ValuEngine Forecast |
||
|
Target |
Expected |
|
|---|---|---|
|
1-Month |
8.81 | 1.28% |
|
3-Month |
8.86 | 1.86% |
|
6-Month |
8.81 | 1.31% |
|
1-Year |
10.04 | 15.44% |
|
2-Year |
8.26 | -5.10% |
|
3-Year |
5.77 | -33.67% |
ValuEngine Market Overview
|
Summary of VE Stock Universe |
|
|
Stocks Undervalued |
51.44% |
|
Stocks Overvalued |
48.56% |
|
Stocks Undervalued by 20% |
21.3% |
|
Stocks Overvalued by 20% |
15.74% |
ValuEngine Sector Overview
|
Sector |
Change |
MTD |
YTD |
Valuation |
Last 12-MReturn |
P/E Ratio |
|
-0.55% |
1.79% |
9.22% |
13.35% overvalued |
8.12% |
20.73 |
|
|
-0.21% |
1.28% |
10.59% |
10.34% overvalued |
14.78% |
23.90 |
|
|
-0.18% |
2.91% |
16.31% |
7.52% overvalued |
12.63% |
23.13 |
|
|
-0.47% |
-1.24% |
46.40% |
6.68% overvalued |
65.32% |
32.66 |
|
|
-0.12% |
0.91% |
0.23% |
3.10% overvalued |
3.76% |
19.25 |
|
|
0.06% |
2.90% |
14.73% |
2.91% overvalued |
11.28% |
29.53 |
|
|
-0.71% |
-2.93% |
10.66% |
2.31% overvalued |
14.63% |
21.96 |
|
|
-0.00% |
2.51% |
16.13% |
1.48% overvalued |
0.15% |
25.50 |
|
|
-0.04% |
1.94% |
6.51% |
0.71% overvalued |
6.10% |
16.17 |
|
|
-0.62% |
0.36% |
29.36% |
0.81% undervalued |
16.61% |
21.26 |
|
|
-0.34% |
1.26% |
8.84% |
1.08% undervalued |
2.02% |
23.45 |
|
|
-0.59% |
-0.15% |
11.00% |
4.50% undervalued |
-12.16% |
14.65 |
|
|
-0.11% |
0.94% |
14.80% |
5.06% undervalued |
2.70% |
24.71 |
|
|
-0.11% |
1.45% |
4.07% |
7.99% undervalued |
4.67% |
16.39 |
|
|
-0.80% |
1.51% |
1.91% |
8.72% undervalued |
-1.75% |
23.24 |
|
|
0.06% |
-1.30% |
0.22% |
9.98% undervalued |
-11.23% |
27.22 |
VALUATION WATCH: Overvalued stocks now make up 48.56% of our stocks assigned a valuation and 15.74% of those equities are calculated to be overvalued by 20% or more. Nine sectors are calculated to be overvalued.
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