AG Mortgage Investments Upgraded To Strong Buy

AG Mortgage Investment Trust (MITT) is our top-rated upgrade this week and it is a STRONG BUY--as is Ply Gem Holdings (PGEM). The rest of the components on our list are BUY-rated companies.

AG Mortgage Investment Trust, Inc. is a real estate investment trust. The Company invests in, acquires and manages residential mortgage assets, other real estate-related securities and financial assets. Its non-Agency RMBS investments include fixed- and floating-rate securities, including investment grade and non-investment grade. The Company's Agency RMBS investments include mortgage pass-through securities and collateralized mortgage obligations. The Company mainly invests in CMBS and asset-backed securities. AG Mortgage Investment Trust, Inc. is headquartered in New York, New York.
Below is today's data on AG Mortgage Investment Trust (MITT):

Recommendation: We updated our recommendation from BUY to STRONG BUY for AG Mortgage Investment Trust on 2016-12-09. Based on the information we have gathered and our resulting research, we feel that AG Mortgage Investment Trust has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Book Market Ratio.

You can download a free copy of detailed report on AG Mortgage Investment Trust (MITT) from the link below.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

19.06 1.09%

3-Month

19.59 3.94%

6-Month

20.21 7.21%

1-Year

21.33 13.14%

2-Year

23.42 24.22%

3-Year

24.75 31.29%

 

Valuation & Rankings

Valuation

32.63% overvalued

Valuation Rank

22

1-M Forecast Return

1.09%

1-M Forecast Return Rank

99

12-M Return

38.60%

Momentum Rank

80

Sharpe Ratio

-0.02

Sharpe Ratio Rank

46

5-Y Avg Annual Return

-0.41%

5-Y Avg Annual Rtn Rank

46

Volatility

22.01%

Volatility Rank

68

Expected EPS Growth

0.18%

EPS Growth Rank

22

Market Cap (billions)

0.54

Size Rank

55

Trailing P/E Ratio

10.28

Trailing P/E Rank

92

Forward P/E Ratio

10.26

Forward P/E Ratio Rank

84

PEG Ratio

56.55

PEG Ratio Rank

1

Price/Sales

4.26

Price/Sales Rank

25

Market/Book

0.79

Market/Book Rank

85

Beta

0.87

Beta Rank

49

Alpha

0.13

Alpha Rank

74

Market Overview

Summary of VE Stock Universe

Stocks Undervalued

31.77%

Stocks Overvalued

68.23%

Stocks Undervalued by 20%

14.61%

Stocks Overvalued by 20%

37.17%

Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Industrial Products

-0.00%

3.66%

28.87%

26.10% overvalued

23.56%

24.79

Multi-Sector Conglomerates

0.28%

4.33%

15.61%

23.52% overvalued

13.22%

19.61

Oils-Energy

0.27%

3.84%

32.16%

20.73% overvalued

22.65%

25.49

Aerospace

-0.19%

1.06%

14.05%

19.40% overvalued

13.14%

20.26

Finance

0.27%

3.84%

18.50%

18.47% overvalued

13.75%

18.31

Basic Materials

-0.67%

3.70%

58.52%

17.98% overvalued

66.40%

27.50

Construction

-0.22%

4.06%

40.18%

17.61% overvalued

24.51%

20.89

Transportation

-0.09%

3.95%

21.65%

17.48% overvalued

8.57%

19.09

Business Services

0.86%

3.49%

25.94%

14.52% overvalued

6.37%

24.43

Computer and Technology

-0.22%

2.04%

22.53%

13.77% overvalued

11.74%

30.12

Retail-Wholesale

0.00%

3.26%

5.68%

12.44% overvalued

7.64%

24.20

Auto-Tires-Trucks

0.25%

4.30%

15.30%

11.63% overvalued

20.07%

15.17

Consumer Discretionary

0.62%

3.37%

13.64%

10.97% overvalued

12.41%

24.25

Utilities

0.23%

3.04%

16.37%

10.10% overvalued

18.54%

22.46

Consumer Staples

0.89%

2.86%

10.50%

6.84% overvalued

6.70%

24.13

Medical

0.66%

1.33%

-0.15%

2.82% undervalued

-7.07%

27.86

 

Disclaimer: ValuEngine.com is an independent research ...

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