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August 29, 2016


VALUATION WATCH: Overvalued stocks now make up 48.56% of our stocks assigned a valuation and 15.74% of those equities are calculated to be overvalued by 20% or more. Nine sectors are calculated to be overvalued.

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UPGRADES

--Renewable Energy (REGI) Leads ValuEngine Upgrade List

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. Renewable Energy (REGI) is our top-rated upgrade this week.

Ticker
Company Name
Market Price
Valuation
Last 12-M Return
1-M Forecast Return
1-Yr Forecast Return
P/E Ratio
Sector Name
REGI
RENEWABLE ENERG
8.7
-23.58%
19.18%
1.28%
15.44%
4.65
Oils-Energy
CYOU
CHANGYOU.COM
23.6
-11.88%
21.40%
1.18%
14.26%
7.49
Computer and Technology
ESIO
ELECTRO SCI IND
5.78
-43.68%
37.29%
0.58%
7.01%
N/A
Computer and Technology
MGIC
MAGIC SOFTWARE
7.88
19.91%
33.33%
0.51%
6.14%
16.30
Computer and Technology
TOT
TOTAL FINA SA
48.49
-2.57%
13.67%
0.50%
6.03%
13.88
Oils-Energy


Below is today's data on Renewable Energy (REGI):

Renewable Energy Group Inc. (REGI) is a biodiesel manufacturer and marketer. The Company is focused on converting natural fats, oils and greases into biodiesel. It sells REG-9000 biodiesel to distributors throughout the United States. Renewable Energy Group Inc. is headquartered in Ames, Iowa.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for RENEWABLE ENERG on 2016-08-26. Based on the information we have gathered and our resulting research, we feel that RENEWABLE ENERG has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Price Sales Ratio.

You can download a free copy of detailed report on Renewable Energy Group from the link below.


ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
8.81 1.28%
3-Month
8.86 1.86%
6-Month
8.81 1.31%
1-Year
10.04 15.44%
2-Year
8.26 -5.10%
3-Year
5.77 -33.67%

Valuation & Rankings
Valuation
23.58% undervalued
Valuation Rank(?)
82
1-M Forecast Return
1.28%
1-M Forecast Return Rank
100
12-M Return
19.18%
Momentum Rank(?)
72
Sharpe Ratio
0.03
Sharpe Ratio Rank(?)
59
5-Y Avg Annual Return
1.48%
5-Y Avg Annual Rtn Rank
60
Volatility
52.02%
Volatility Rank(?)
35
Expected EPS Growth
-14.26%
EPS Growth Rank(?)
13
Market Cap (billions)
0.39
Size Rank
53
Trailing P/E Ratio
4.65
Trailing P/E Rank(?)
99
Forward P/E Ratio
5.43
Forward P/E Ratio Rank
96
PEG Ratio
n/a
PEG Ratio Rank
n/a
Price/Sales
0.23
Price/Sales Rank(?)
92
Market/Book
0.73
Market/Book Rank(?)
85
Beta
2.09
Beta Rank
10
Alpha
-0.11
Alpha Rank
37

DOWNLOAD A FREE SAMPLE OF OUR RENEWABLE ENERGY (REGI) REPORT BY CLICKING HERE


 

 

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued
51.44%
Stocks Overvalued
48.56%
Stocks Undervalued by 20%
21.3%
Stocks Overvalued by 20%
15.74%

ValuEngine Sector Overview

Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
-0.55%
1.79%
9.22%
13.35% overvalued
8.12%
20.73
-0.21%
1.28%
10.59%
10.34% overvalued
14.78%
23.90
-0.18%
2.91%
16.31%
7.52% overvalued
12.63%
23.13
-0.47%
-1.24%
46.40%
6.68% overvalued
65.32%
32.66
-0.12%
0.91%
0.23%
3.10% overvalued
3.76%
19.25
0.06%
2.90%
14.73%
2.91% overvalued
11.28%
29.53
-0.71%
-2.93%
10.66%
2.31% overvalued
14.63%
21.96
-0.00%
2.51%
16.13%
1.48% overvalued
0.15%
25.50
-0.04%
1.94%
6.51%
0.71% overvalued
6.10%
16.17
-0.62%
0.36%
29.36%
0.81% undervalued
16.61%
21.26
-0.34%
1.26%
8.84%
1.08% undervalued
2.02%
23.45
-0.59%
-0.15%
11.00%
4.50% undervalued
-12.16%
14.65
-0.11%
0.94%
14.80%
5.06% undervalued
2.70%
24.71
-0.11%
1.45%
4.07%
7.99% undervalued
4.67%
16.39
-0.80%
1.51%
1.91%
8.72% undervalued
-1.75%
23.24
0.06%
-1.30%
0.22%
9.98% undervalued
-11.23%
27.22

 

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

 

 
 
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