Go to ValuEngine.com

July 18, 2016


VALUATION WATCH: Overvalued stocks now make up 46.04% of our stocks assigned a valuation and 15.53% of those equities are calculated to be overvalued by 20% or more. Six sectors are calculated to be overvalued.

If you cannot display this bulletin properly, GO HERE

UPGRADES

--ValuEngine Top-Five BUY/STRONG BUY Upgrades

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.

So, 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. Thor Industries (THO) 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
THO
THOR INDS INC
73.77
-0.68%
32.37%
1.09%
13.04%
15.33
Construction
FSI
FLEXIBLE SOLTNS
1.63
16.54%
18.12%
0.99%
11.85%
10.87
Basic Materials
JBL
JABIL CIRCUIT
20.57
-8.04%
3.26%
0.70%
8.42%
12.44
Computer and Technology
RM
REGIONAL MANAGE
17.4
-2.53%
1.46%
0.70%
8.36%
9.78
Finance
BLX
BANCO LATINOAME
28.1
-8.66%
-0.32%
0.63%
7.54%
10.34
Finance

Below is today's data on Thor Industries (THO):

Thor Industries manufactures a wide range of recreational vehicles (RVs) at various manufacturing facilities located in Indiana and Ohio and sold through independent dealers in the U.S. and Canada.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for THOR INDS INC on 2016-07-15. Based on the information we have gathered and our resulting research, we feel that THOR INDS INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Sharpe Ratio.

You can download a free copy of detailed report on Thor Industries from the link below.


ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
74.57 1.09%
3-Month
75.52 2.37%
6-Month
76.19 3.28%
1-Year
83.39 13.04%
2-Year
78.26 6.09%
3-Year
75.55 2.41%

Valuation & Rankings
Valuation
0.68% undervalued
Valuation Rank(?)
48
1-M Forecast Return
1.09%
1-M Forecast Return Rank
99
12-M Return
32.37%
Momentum Rank(?)
89
Sharpe Ratio
0.60
Sharpe Ratio Rank(?)
88
5-Y Avg Annual Return
16.17%
5-Y Avg Annual Rtn Rank
90
Volatility
26.97%
Volatility Rank(?)
63
Expected EPS Growth
11.43%
EPS Growth Rank(?)
45
Market Cap (billions)
3.94
Size Rank
82
Trailing P/E Ratio
15.33
Trailing P/E Rank(?)
75
Forward P/E Ratio
13.75
Forward P/E Ratio Rank
62
PEG Ratio
1.34
PEG Ratio Rank
35
Price/Sales
0.91
Price/Sales Rank(?)
69
Market/Book
5.31
Market/Book Rank(?)
23
Beta
1.19
Beta Rank
34
Alpha
0.12
Alpha Rank
80

DOWNLOAD A FREE SAMPLE OF OUR THOR INDUSTRIES (THO) REPORT BY CLICKING HERE


 

 

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued
53.96%
Stocks Overvalued
46.04%
Stocks Undervalued by 20%
23.51%
Stocks Overvalued by 20%
15.53%

ValuEngine Sector Overview

Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
0.38%
8.34%
50.83%
18.38% overvalued
43.79%
31.45
0.18%
2.53%
9.98%
8.45% overvalued
4.94%
24.47
0.33%
3.42%
14.58%
7.24% overvalued
9.04%
23.54
0.29%
2.21%
6.68%
6.40% overvalued
-3.15%
18.86
0.37%
4.82%
10.37%
2.34% overvalued
-1.26%
22.60
-0.09%
3.26%
14.10%
0.07% overvalued
-7.10%
23.53
0.25%
4.27%
25.33%
0.24% undervalued
2.63%
22.09
-0.29%
1.13%
17.56%
1.23% undervalued
-23.09%
23.56
-0.24%
2.40%
-2.65%
1.65% undervalued
-4.50%
19.12
0.13%
3.03%
4.35%
2.06% undervalued
-2.36%
16.24
0.06%
3.60%
9.34%
2.23% undervalued
-2.36%
29.56
0.07%
4.07%
6.52%
2.84% undervalued
-7.34%
21.79
-0.01%
6.35%
6.94%
8.47% undervalued
-24.11%
14.18
-0.43%
2.78%
-0.70%
9.36% undervalued
-11.16%
21.97
0.06%
4.46%
0.42%
9.83% undervalued
-22.75%
27.62
0.71%
4.36%
-1.23%
16.78% undervalued
-11.79%
12.46

 

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day. 
Visit www.ValuEngine.com for more information

 

 
 
Close this window
ValuEngine.com - Rational advice, smarter investing.