Top Five Buy/Strong Buy Upgrades - April 4, 2016

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. IEC Electronics Corp (IEC) is the leader here.

Ticker

Company Name

Market Price

Valuation

Last 12-M Return

1-M Forecast Return

1-Yr Forecast Return

P/E Ratio

Sector Name

IEC

IEC ELECTRS NEW

4.63

-13.39%

26.85%

1.18%

14.25%

14.03

Computer and Technology

RAI

REYNOLDS AMER

50.33

-31.83%

43.13%

0.73%

8.71%

24.79

Consumer Staples

BEAT

BIOTELEMETRY

11.8

-14.75%

32.14%

0.67%

8.06%

24.08

Medical

TCX

TUCOWS INC

22.64

-18.98%

19.16%

0.65%

7.78%

20.96

Computer and Technology

HRL

HORMEL FOODS CP

43.91

-28.77%

53.80%

0.62%

7.45%

30.49

Consumer Staples

Below is today's data on IEC Electronics Corp (IEC):

IEC Electronics Corp. is a full service, ISO 9001 and 9002 certified, contract manufacturer employing state-of-the-art production utilizing both surface mount and pin-through-hole technology. IEC offers its customers a wide range of manufacturing and management services, on either a turnkey or consignment basis, including design prototyping, material procurement and control, concurrent engineering services, manufacturing and test engineering support, statistical quality assurance and complete resource management.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from HOLD to BUY for IEC ELECTRS NEW on 2016-04-01. Based on the information we have gathered and our resulting research, we feel that IEC ELECTRS NEW has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Price Sales Ratio.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

4.68 1.18%

3-Month

4.68 1.04%

6-Month

4.70 1.56%

1-Year

5.29 14.25%

2-Year

4.55 -1.75%

3-Year

3.61 -21.93%

Valuation & Rankings

Valuation

13.39% undervalued

Valuation Rank(?)

67

1-M Forecast Return

1.18%

1-M Forecast Return Rank

99

12-M Return

26.85%

Momentum Rank(?)

91

Sharpe Ratio

-0.32

Sharpe Ratio Rank(?)

37

5-Y Avg Annual Return

-12.51%

5-Y Avg Annual Rtn Rank

37

Volatility

39.02%

Volatility Rank(?)

47

Expected EPS Growth

54.55%

EPS Growth Rank(?)

78

Market Cap (billions)

0.05

Size Rank

28

Trailing P/E Ratio

14.03

Trailing P/E Rank(?)

78

Forward P/E Ratio

9.08

Forward P/E Ratio Rank

83

PEG Ratio

0.26

PEG Ratio Rank

72

Price/Sales

0.36

Price/Sales Rank(?)

85

Market/Book

4.66

Market/Book Rank(?)

24

Beta

0.31

Beta Rank

74

Alpha

0.17

Alpha Rank

87

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

59.02%

Stocks Overvalued

40.98%

Stocks Undervalued by 20%

25.93%

Stocks Overvalued by 20%

12.47%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Consumer Staples

0.43%

0.47%

4.84%

9.79% overvalued

-1.84%

24.17

Utilities

0.08%

0.17%

7.03%

7.66% overvalued

-0.33%

23.46

Basic Materials

0.27%

0.36%

17.48%

6.28% overvalued

-6.06%

26.00

Multi-Sector Conglomerates

-0.78%

-0.68%

4.00%

3.20% overvalued

-10.33%

17.12

Business Services

0.26%

0.32%

3.00%

2.52% overvalued

-9.25%

22.27

Industrial Products

-0.09%

0.06%

4.06%

1.52% overvalued

-12.59%

19.17

Consumer Discretionary

-0.14%

-0.09%

2.12%

2.24% undervalued

-8.77%

24.56

Construction

0.04%

0.07%

13.80%

3.13% undervalued

-5.42%

21.76

Computer and Technology

-0.04%

0.03%

4.43%

3.13% undervalued

-7.59%

27.30

Finance

0.01%

0.04%

-1.52%

3.90% undervalued

-6.87%

15.94

Aerospace

-0.10%

-0.06%

-3.15%

4.14% undervalued

-13.16%

19.87

Retail-Wholesale

-0.32%

-0.26%

0.56%

5.69% undervalued

-12.34%

22.67

Oils-Energy

-1.99%

-1.70%

-0.85%

9.24% undervalued

-36.46%

22.08

Auto-Tires-Trucks

-2.18%

-1.90%

-0.48%

9.49% undervalued

-15.69%

12.20

Transportation

-1.01%

-0.95%

0.54%

12.35% undervalued

-28.56%

13.36

Medical

0.96%

1.08%

-6.32%

12.86% undervalued

-20.21%

25.94

VALUATION WATCH: Overvalued stocks now make up 40.98% of our stocks assigned a valuation and 12.47% of those equities are calculated to be overvalued by 20% or more. Six sectors are calculated to be overvalued.

Disclosure: None.

Disclaimer: ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.