ValuEngine Top STRONG BUY Upgrade Is CECO

For today's edition of our upgrade list, we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY. Career Education Corporation (CECO) is our top-rated upgrade this week and it is a STRONG BUY.

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.

For today's edition of our upgrade list, we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. Career Education Corporation (CECO) is our top-rated upgrade this week and it is a STRONG BUY.

Below is today's data on Career Education Corporation (CECO):

Career Education Corporation is a provider of private, for-profit post-secondary education with campuses throughout the United States and Canada, the United Kingdom and the United Arab Emirates. Their schools enjoy long operating histories and offer a variety of master's degree, bachelor's degree, associate degree, and diploma programs in career-oriented disciplines. They offer educational programs principally in the following four career-related fields of study, Visual Communication and Design Technologies, Information Technology, Business Studies, and Culinary Arts.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for CAREER EDU CORP on 2016-12-30. Based on the information we have gathered and our resulting research, we feel that CAREER EDU CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and P/E Ratio.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

10.22 1.27%

3-Month

10.59 4.93%

6-Month

11.05 9.55%

1-Year

11.64 15.31%

2-Year

13.11 29.91%

3-Year

14.58 44.46%

 

Valuation & Rankings

Valuation

72.52% overvalued

Valuation Rank(?)

4

1-M Forecast Return

1.27%

1-M Forecast Return Rank

100

12-M Return

169.79%

Momentum Rank(?)

97

Sharpe Ratio

0.10

Sharpe Ratio Rank(?)

59

5-Y Avg Annual Return

6.94%

5-Y Avg Annual Rtn Rank

67

Volatility

69.58%

Volatility Rank(?)

24

Expected EPS Growth

-79.15%

EPS Growth Rank(?)

4

Market Cap (billions)

0.68

Size Rank

58

Trailing P/E Ratio

11.69

Trailing P/E Rank(?)

88

Forward P/E Ratio

56.06

Forward P/E Ratio Rank

6

PEG Ratio

n/a

PEG Ratio Rank

n/a

Price/Sales

0.77

Price/Sales Rank(?)

75

Market/Book

2.62

Market/Book Rank(?)

43

Beta

2.12

Beta Rank

10

Alpha

0.74

Alpha Rank

96

 

 

 

 

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

34.55%

Stocks Overvalued

65.45%

Stocks Undervalued by 20%

15.36%

Stocks Overvalued by 20%

32.41%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Oils-Energy

0.00%

0.00%

0.00%

19.24% overvalued

24.80%

26.14

Multi-Sector Conglomerates

0.00%

0.00%

0.00%

17.48% overvalued

14.63%

19.81

Industrial Products

0.00%

0.00%

0.00%

17.31% overvalued

22.80%

24.43

Finance

0.00%

0.00%

0.00%

16.16% overvalued

15.08%

18.15

Aerospace

0.00%

0.00%

0.00%

13.89% overvalued

11.31%

20.25

Business Services

0.00%

0.00%

0.00%

11.15% overvalued

9.16%

24.67

Utilities

0.00%

0.00%

0.00%

10.83% overvalued

18.75%

21.69

Construction

0.00%

0.00%

0.00%

10.55% overvalued

22.60%

21.27

Basic Materials

0.00%

0.01%

-0.01%

9.31% overvalued

65.68%

26.50

Transportation

0.00%

0.00%

0.00%

9.23% overvalued

8.15%

18.04

Computer and Technology

-0.01%

-0.00%

0.58%

7.62% overvalued

12.89%

30.71

Auto-Tires-Trucks

0.00%

0.00%

0.00%

6.64% overvalued

21.92%

14.86

Consumer Staples

0.00%

0.00%

0.00%

5.90% overvalued

10.31%

24.73

Consumer Discretionary

0.00%

0.00%

0.00%

4.26% overvalued

19.26%

24.14

Retail-Wholesale

0.00%

0.00%

0.00%

3.91% overvalued

7.10%

22.96

Medical

0.00%

0.00%

0.00%

8.20% undervalued

-10.10%

28.21

 

 

 

 

 

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