October 6, 2017

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This week, we provide top-five ranked VE data for our Aerospace stocks. We take a look at our latest data on and American Outdoor Brands $AOBC in the wake of the Las Vegas massacre and provide a free download link for our stock report on the company.

VALUATION WATCH: Overvalued stocks now make up 62.9% of our stocks assigned a valuation and 26.91% of those equities are calculated to be overvalued by 20% or more. Fourteen sectors are calculated to be overvalued. Because overvaluation is now calculated to be above 60%, we have re-instituted our valuation watch.

ValuEngine Index Overview

Index	Week Open	Friday PM	Change	% Change	YTD
DJIA	22423.47	22731.32	307.85	1.37%	15.02%
NASDAQ	6506.08	6579.97	73.89	1.14%	22.23%
RUSSELL 2000	1491.05	1508.8	17.75	1.19%	11.18%
S&P 500	2521.2	2544.34	23.14	0.92%	13.65%

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued	37.1%
Stocks Overvalued	62.9%
Stocks Undervalued by 20%	17.01%
Stocks Overvalued by 20%	26.91%

ValuEngine Sector Overview

Sector	Change	MTD	YTD	Valuation	Last 12-MReturn	P/E Ratio
Aerospace	0.20%	1.45%	16.04%	29.07% overvalued	31.16%	23.07
Computer and Technology	0.02%	1.80%	25.98%	15.79% overvalued	19.39%	32.89
Industrial Products	0.21%	1.08%	13.89%	14.57% overvalued	24.93%	25.46
Multi-Sector Conglomerates	-0.21%	0.55%	12.25%	10.73% overvalued	12.31%	20.37
Auto-Tires-Trucks	0.17%	1.46%	27.30%	10.70% overvalued	38.40%	14.95
Finance	0.37%	0.92%	10.67%	10.58% overvalued	16.84%	18.87
Construction	0.06%	0.26%	21.14%	10.57% overvalued	25.13%	22.58
Utilities	0.06%	1.16%	23.44%	9.48% overvalued	15.28%	23.03
Consumer Discretionary	0.06%	0.68%	14.63%	9.02% overvalued	16.19%	25.82
Business Services	0.05%	0.86%	10.11%	6.73% overvalued	8.60%	26.51
Transportation	-0.06%	0.35%	17.32%	5.29% overvalued	19.38%	23.11
Medical	0.10%	2.09%	24.04%	5.00% overvalued	10.31%	29.99
Consumer Staples	0.17%	1.04%	6.74%	4.95% overvalued	6.54%	25.12
Basic Materials	0.35%	1.95%	17.21%	3.48% overvalued	14.91%	27.95
Retail-Wholesale	0.30%	0.57%	3.12%	1.18% undervalued	4.92%	23.63
Oils-Energy	0.42%	0.34%	3.54%	10.20% undervalued	-4.92%	29.18

Sector Talk--Aerospace

Below, we present the latest data on Aerospace stocks from our Professional Stock Analysis Service. Top- five lists are provided for each category. We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares.

Top-Five Aerospace Stocks--Short-Term Forecast Returns

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
TGI	TRIUMPH GRP INC	31.7	125.82%	11.31%
ERJ	EMBRAER AIR-ADR	22.55	-22.31%	26.12%
SPR	SPIRIT AEROSYS	78.68	28.44%	66.66%
BAESY	BAE SYSTEMS-ADR	32.83	N/A	19.60%
LDOS	LEIDOS HOLDINGS	61.53	28.46%	45.91%

Top-Five Aerospace Stocks--Momentum

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
RADA	RADA ELECTRONIC	3.31	N/A	218.27%
AVAV	AEROVIRONMENT	53.64	80.78%	118.49%
AJRD	AEROJET ROCKETD	34.84	56.85%	99.20%
KTOS	KRATOS DEFENSE	13.48	97.71%	95.08%
BA	BOEING CO	258.89	44.94%	92.25%

Top-Five Aerospace Stocks--Composite Score

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
ERJ	EMBRAER AIR-ADR	22.55	-22.31%	26.12%
SPR	SPIRIT AEROSYS	78.68	28.44%	66.66%
HII	HUNTINGTON INGL	234.16	19.94%	51.44%
COL	ROCKWELL COLLIN	132.9	17.78%	58.90%
LDOS	LEIDOS HOLDINGS	61.53	28.46%	45.91%

Top-Five Aerospace Stocks--Most Overvalued

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
TGI	TRIUMPH GRP INC	31.7	125.82%	11.31%
KTOS	KRATOS DEFENSE	13.48	97.71%	95.08%
AVAV	AEROVIRONMENT	53.64	80.78%	118.49%
AJRD	AEROJET ROCKETD	34.84	56.85%	99.20%
OA	ORBITAL ATK INC	133.77	56.12%	76.94%

Free Download for Readers

As a bonus to our Free Weekly Newsletter subscribers,
we are offering a FREE DOWNLOAD of one of our Stock Reports

American Outdoor Brands Corporation (AOBC) is a manufacturer and seller of firearms and accessory products for the shooting, hunting and outdoor enthusiast. The company's product comprises pistols, revolvers, rifles, guns, handcuffs and firearm-related products and accessories. It sells its products under the brand name Smith & Wesson, M&P, Thompson/Centre and Performance Centre. American Outdoor Brands Corporation, formerly known as Smith & Wesson Holding Corporation, is based in Springfield, Massachusetts.

VALUENGINE RECOMMENDATION:ValuEngine continues its HOLD recommendation on American Outdoor Brands Corporation for 2017-10-05. Based on the information we have gathered and our resulting research, we feel that American Outdoor Brands Corporation has the probability to ROUGHLY MATCH average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio but UNATTRACTIVE Momentum.

You can download a free copy of detailed report on American Outdoor Brands Corporation (AOBC) from the link below.

Read our Complete Rating and Forecast Report HERE.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	16.10	0.42%
3-Month	15.97	-0.39%
6-Month	15.38	-4.04%
1-Year	16.83	4.99%
2-Year	15.61	-2.63%
3-Year	17.24	7.57%

Valuation & Rankings
Valuation	27.22% undervalued	Valuation Rank(?)	87
1-M Forecast Return	0.42%	1-M Forecast Return Rank	80
12-M Return	-38.72%	Momentum Rank(?)	12
Sharpe Ratio	0.17	Sharpe Ratio Rank(?)	58
5-Y Avg Annual Return	6.51%	5-Y Avg Annual Rtn Rank	62
Volatility	38.16%	Volatility Rank(?)	43
Expected EPS Growth	20.70%	EPS Growth Rank(?)	56
Market Cap (billions)	0.86	Size Rank	59
Trailing P/E Ratio	10.48	Trailing P/E Rank(?)	92
Forward P/E Ratio	8.68	Forward P/E Ratio Rank	90
PEG Ratio	0.51	PEG Ratio Rank	62
Price/Sales	1.04	Price/Sales Rank(?)	69
Market/Book	10.03	Market/Book Rank(?)	15
Beta	0.03	Beta Rank	77
Alpha	-0.56	Alpha Rank	9

ValuEngine.com is an Independent Research Provider (IRP), producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.
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