Go to ValuEngine.com

November 14, 2016


VALUATION WATCH: Overvalued stocks now make up 57.17% of our stocks assigned a valuation and 24.31% of those equities are calculated to be overvalued by 20% or more. Fourteen sectors are calculated to be overvalued.

If you cannot display this bulletin properly, GO HERE

Top O The Upgrades

--Irish Pharma Giant Mallinckrodt Is Top ValuEngine Upgrade

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. They are presented by one-month forecast return. Mallinckrodt Plc (MNK) is our top-rated upgrade this week and it is a STRONG BUY. The rest of the components on 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
MNK
MALLINCKRODT PL
65.91
-17.98%
15.39%
1.16%
13.92%
8.00
Medical
HZNP
HORIZON PHARMA
20.3
13.21%
12.84%
0.71%
8.54%
11.03
Medical
MRLN
MARLIN BUS SVCS
19.5
2.62%
13.84%
0.69%
8.26%
14.03
Finance
DECK
DECKERS OUTDOOR
60.17
23.74%
21.26%
0.64%
7.69%
14.56
Consumer Discretionary
FL
FOOT LOCKER INC
71.53
3.37%
15.04%
0.62%
7.42%
15.58
Retail-Wholesale


Below is today's data on Mallinckrodt Plc. (MNK):

Mallinckrodt Plc. is engaged in pharmaceuticals business. It develops, manufactures, markets and distributes specialty pharmaceutical products and medical imaging agents. The company's Specialty Pharmaceuticals segment includes branded and generic drugs and Medical Imaging segment includes contrast media and nuclear imaging agents. Mallinckrodt Plc. is based in Dublin, Ireland.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for MALLINCKRODT PLC on 2016-11-11. Based on the information we have gathered and our resulting research, we feel that MALLINCKRODT PLC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.

You can download a free copy of detailed report on TiVo Corp (TIVO) from the link below.


ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
66.67 1.16%
3-Month
66.80 1.35%
6-Month
66.64 1.10%
1-Year
75.08 13.92%
2-Year
61.22 -7.12%
3-Year
46.47 -29.49%

Valuation & Rankings
Valuation
17.98% undervalued
Valuation Rank(?)
81
1-M Forecast Return
1.16%
1-M Forecast Return Rank
99
12-M Return
15.39%
Momentum Rank(?)
72
Sharpe Ratio
0.19
Sharpe Ratio Rank(?)
65
5-Y Avg Annual Return
7.97%
5-Y Avg Annual Rtn Rank
72
Volatility
42.89%
Volatility Rank(?)
40
Expected EPS Growth
1.29%
EPS Growth Rank(?)
25
Market Cap (billions)
7.66
Size Rank
88
Trailing P/E Ratio
8.00
Trailing P/E Rank(?)
95
Forward P/E Ratio
7.89
Forward P/E Ratio Rank
91
PEG Ratio
6.18
PEG Ratio Rank
6
Price/Sales
2.25
Price/Sales Rank(?)
42
Market/Book
1.47
Market/Book Rank(?)
63
Beta
1.84
Beta Rank
14
Alpha
-0.14
Alpha Rank
26

DOWNLOAD A FREE SAMPLE OF OUR MALLINCKRODT (MNK) REPORT BY CLICKING HERE


 

 

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued
42.83%
Stocks Overvalued
57.17%
Stocks Undervalued by 20%
18.04%
Stocks Overvalued by 20%
24.31%

ValuEngine Sector Overview

Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
0.31%
3.11%
9.38%
19.90% overvalued
2.32%
19.18
1.06%
4.82%
20.37%
16.61% overvalued
13.75%
23.86
0.68%
5.42%
9.12%
13.63% overvalued
9.58%
19.01
1.10%
2.10%
17.40%
8.53% overvalued
5.70%
29.27
0.93%
3.97%
10.26%
7.52% overvalued
4.98%
16.42
-0.86%
-1.61%
29.23%
6.84% overvalued
-2.32%
25.32
0.53%
3.72%
29.60%
6.37% overvalued
11.90%
19.69
-1.39%
1.81%
47.10%
4.60% overvalued
53.54%
28.41
1.13%
3.39%
15.68%
4.40% overvalued
-3.22%
24.18
0.87%
2.66%
8.26%
4.19% overvalued
5.33%
23.49
1.33%
6.14%
13.86%
2.36% overvalued
-8.11%
18.72
0.47%
-0.54%
10.23%
1.66% overvalued
8.06%
21.71
0.56%
-1.81%
7.17%
0.74% overvalued
6.10%
23.58
1.15%
2.52%
-0.33%
0.22% overvalued
0.26%
22.40
0.61%
2.18%
-0.98%
2.06% undervalued
-10.75%
26.01
1.65%
2.00%
7.21%
3.13% undervalued
10.08%
14.02

 

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.