For today's edition of our upgrade list, we searched for upgrades to "buy" or "strong buy" with complete forecast and valuation data. They are presented by one-month forecast return. Home-building giant M/I Homes (MHO) Redwood Trust (RWT ) is our top-rated upgrade this week and it is a "strong buy". Magnachip Semiconductor, the number two upgrade this week, is also a "strong buy". The other components in our list are BUY-rated companies.
|
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Return |
1-M Forecast Return |
1-Yr Forecast Return |
P/E Ratio |
Sector Name |
|
M/I HOMES INC |
26 |
2.92% |
47.48% |
1.10% |
13.17% |
10.04 |
Construction |
|
|
MAGNACHIP SEMI |
8.65 |
17.74% |
97.49% |
1.08% |
13.03% |
14.66 |
Computer and Technology |
|
|
CONNECTONE BCP |
25.85 |
22.05% |
58.88% |
0.77% |
9.20% |
16.79 |
Finance |
|
|
TUPPERWARE BRND |
58 |
3.72% |
31.91% |
0.71% |
8.48% |
13.46 |
Consumer Staples |
|
|
GAIN CAP HLDGS |
7.58 |
16.80% |
16.26% |
0.58% |
7.01% |
10.11 |
Finance |
Below is today's data on M/I Homes, Inc. (MHO):
M/I Homes, Inc. is one of the nation's leading builders of single-family homes. Their homes are marketed and sold under the trade names M/I Homes and Showcase Homes. They have homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Tampa, Orlando and Palm Beach County, Florida; Charlotte and Raleigh, North Carolina; Virginia and Maryland.
Recommendation: We updated our recommendation from BUY to STRONG BUY for M/I Homes on 2017-01-27. Based on the information we have gathered and our resulting research, we feel that M/I Homes has the probability to outperform an average market performance for the next year. The company exhibits attractive P/E Ratio and Price Sales Ratio.

|
ValuEngine Forecast |
||
|
Target |
Expected |
|
|---|---|---|
|
1-Month |
26.28 | 1.10% |
|
3-Month |
26.44 | 1.69% |
|
6-Month |
26.77 | 2.95% |
|
1-Year |
29.42 | 13.17% |
|
2-Year |
26.21 | 0.82% |
|
3-Year |
25.12 | -3.39% |
|
Valuation & Rankings |
|||
|
Valuation |
2.92% overvalued |
Valuation Rank |
|
|
1-M Forecast Return |
1.10% |
1-M Forecast Return Rank |
|
|
12-M Return |
47.48% |
Momentum Rank |
|
|
Sharpe Ratio |
0.63 |
Sharpe Ratio Rank |
|
|
5-Y Avg Annual Return |
19.29% |
5-Y Avg Annual Rtn Rank |
|
|
Volatility |
30.82% |
Volatility Rank |
|
|
Expected EPS Growth |
16.22% |
EPS Growth Rank |
|
|
Market Cap (billions) |
0.64 |
Size Rank |
|
|
Trailing P/E Ratio |
10.04 |
Trailing P/E Rank |
|
|
Forward P/E Ratio |
8.64 |
Forward P/E Ratio Rank |
|
|
PEG Ratio |
0.62 |
PEG Ratio Rank |
|
|
Price/Sales |
0.39 |
Price/Sales Rank |
|
|
Market/Book |
1.01 |
Market/Book Rank |
|
|
Beta |
1.06 |
Beta Rank |
|
|
Alpha |
0.04 |
Alpha Rank |
Market Overview
|
Summary of VE Stock Universe |
|
|
Stocks Undervalued |
33.31% |
|
Stocks Overvalued |
66.69% |
|
Stocks Undervalued by 20% |
14.43% |
|
Stocks Overvalued by 20% |
34.21% |
Sector Overview
|
Sector |
Change |
MTD |
YTD |
Valuation |
Last 12-MReturn |
P/E Ratio |
|
Industrial Products |
0.07% | 3.80% | 3.80% | 23.02% overvalued | 38.56% | 25.31 |
|
Multi-Sector Conglomerates |
-0.51% | 3.36% | 3.36% | 19.89% overvalued | 29.90% | 20.30 |
|
Transportation |
-0.26% | 5.79% | 5.79% | 18.93% overvalued | 34.23% | 19.05 |
|
Oils-Energy |
-0.64% | 4.07% | 4.07% | 17.57% overvalued | 51.48% | 28.61 |
|
Basic Materials |
0.55% | 8.70% | 8.68% | 17.35% overvalued | 93.54% | 29.61 |
|
Aerospace |
0.44% | 2.23% | 2.23% | 16.82% overvalued | 29.32% | 20.78 |
|
Finance |
-0.35% | 1.45% | 1.45% | 16.35% overvalued | 26.02% | 18.13 |
|
Construction |
-0.39% | 2.94% | 2.94% | 15.57% overvalued | 43.55% | 21.16 |
|
Business Services |
-0.20% | 1.78% | 1.78% | 13.06% overvalued | 20.41% | 24.49 |
|
Computer and Technology |
0.15% | 4.40% | 4.98% | 12.65% overvalued | 26.59% | 30.94 |
|
Utilities |
0.01% | 2.66% | 2.66% | 11.85% overvalued | 26.08% | 22.25 |
|
Auto-Tires-Trucks |
-0.28% | 2.87% | 2.87% | 9.34% overvalued | 40.59% | 15.02 |
|
Consumer Staples |
-0.08% | 1.80% | 1.80% | 7.18% overvalued | 15.92% | 23.87 |
|
Consumer Discretionary |
-0.13% | 1.50% | 1.50% | 6.91% overvalued | 26.55% | 24.04 |
|
Retail-Wholesale |
-0.80% | -1.40% | -1.40% | 0.18% undervalued | 11.64% | 22.82 |
|
Medical |
0.12% | 4.05% | 4.05% | 4.30% undervalued | 7.33% | 28.15 |




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