Home Builder Giant M/I Homes Is The Top Upgrade For This Week

Home-building giant M/I Homes 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".

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

MHO

M/I HOMES INC

26

2.92%

47.48%

1.10%

13.17%

10.04

Construction

MX

MAGNACHIP SEMI

8.65

17.74%

97.49%

1.08%

13.03%

14.66

Computer and Technology

CNOB

CONNECTONE BCP

25.85

22.05%

58.88%

0.77%

9.20%

16.79

Finance

TUP

TUPPERWARE BRND

58

3.72%

31.91%

0.71%

8.48%

13.46

Consumer Staples

GCAP

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
Price*

Expected
Return

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

63

1-M Forecast Return

1.10%

1-M Forecast Return Rank

98

12-M Return

47.48%

Momentum Rank

74

Sharpe Ratio

0.63

Sharpe Ratio Rank

83

5-Y Avg Annual Return

19.29%

5-Y Avg Annual Rtn Rank

88

Volatility

30.82%

Volatility Rank

53

Expected EPS Growth

16.22%

EPS Growth Rank

51

Market Cap (billions)

0.64

Size Rank

57

Trailing P/E Ratio

10.04

Trailing P/E Rank

93

Forward P/E Ratio

8.64

Forward P/E Ratio Rank

91

PEG Ratio

0.62

PEG Ratio Rank

56

Price/Sales

0.39

Price/Sales Rank

88

Market/Book

1.01

Market/Book Rank

79

Beta

1.06

Beta Rank

38

Alpha

0.04

Alpha Rank

58

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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