ValuEngine Weekly: Autos/Trucks/Tires Stocks, Best Buy, and More

This week, we provide top-five ranked VE data for our Autos/Trucks/Tires Sector stocks. We take a look at our latest data on Best Buy $BBY and provide a free download link for our stock report on the company. We have rescinded our latest Valuation Watch.

VALUATION WATCH: Overvalued stocks now make up 57.8% of our stocks assigned a valuation and 21.86% of those equities are calculated to be overvalued by 20% or more. Because overvaluation has declined below 60%, we have rescinded our latest Valuation Watch. Thirteen sectors are calculated to be overvalued.

ValuEngine Index Overview

Index Week Open Friday PM Change % Change YTD
DJIA 24424.11 24291.85 -132.26 -0.54% 22.92%
NASDAQ 6897.13 6839.33 -57.8 -0.84% 27.05%
RUSSELL 2000 1539.27 1522.71 -16.56 -1.08% 12.20%
S&P 500 2657.19 2647.9 -9.29 -0.35% 18.27%

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued 42.2%
Stocks Overvalued 57.8%
Stocks Undervalued by 20% 20.45%
Stocks Overvalued by 20% 21.86%

ValuEngine Sector Overview

Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Aerospace 0.20% -0.63% 13.96% 27.08% overvalued 23.16% 22.52
Construction 0.62% -1.35% 20.86% 11.52% overvalued 21.37% 23.24
Industrial Products 0.44% -0.66% 17.37% 11.13% overvalued 18.10% 24.86
Utilities -0.02% -1.42% 19.41% 10.91% overvalued 17.01% 23.01
Multi-Sector Conglomerates 0.04% -0.96% 13.85% 10.66% overvalued 9.47% 20.70
Computer and Technology 0.66% -2.23% 26.56% 10.00% overvalued 18.92% 32.08
Transportation 0.59% -0.52% 21.58% 8.39% overvalued 14.54% 23.21
Finance 0.20% -0.30% 13.42% 6.90% overvalued 11.24% 19.28
Consumer Staples -0.19% 0.41% 10.86% 6.30% overvalued 15.46% 25.55
Consumer Discretionary 0.32% -0.54% 18.20% 6.13% overvalued 14.53% 25.11
Business Services -0.23% -1.53% 14.45% 5.15% overvalued 9.75% 26.85
Retail-Wholesale 0.75% 1.32% 6.14% 3.73% overvalued 5.29% 25.49
Auto-Tires-Trucks -0.35% -3.17% 23.13% 2.57% overvalued 24.16% 14.47
Medical 0.95% -1.44% 20.08% 5.20% undervalued 15.07% 27.81
Basic Materials 0.25% -1.75% 15.00% 5.94% undervalued 7.95% 24.91
Oils-Energy 0.70% -1.04% 1.82% 18.23% undervalued -9.64% 27.69

Sector Talk–Autos/Trucks/Tires

Below, we present the latest data on Autos/Trucks/Tires 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 Autos/Trucks/Tires Stocks–Short-Term Forecast Returns

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
GM GENERAL MOTORS 42.02 11.80% 15.76%
CPS COOPER-STANDARD 117.4 16.92% 17.35%
GT GOODYEAR TIRE 31.32 15.56% -0.45%
WNC WABASH NATIONAL 20.42 28.97% 39.01%
ADNT ADIENT PLC 79.14 N/A 38.48%

Top-Five Autos/Trucks/Tires Stocks–Momentum

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
FCAU FIAT CHRYSLER 17.1 N/A 101.89%
CVGI COMML VEHICLE 10.97 -5.38% 99.45%
MTOR MERITOR INC 23.44 14.21% 79.62%
SPAR SPARTAN MOTORS 15.85 51.22% 79.10%
SORL SORL AUTO PARTS 6.97 -3.89% 77.35%

Top-Five Autos/Trucks/Tires Stocks–Composite Score

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
MGA MAGNA INTL CL A 55.65 1.08% 21.11%
HMC HONDA MOTOR 33.35 -5.40% 11.09%
LEA LEAR CORPORATN 175.93 9.62% 28.79%
DAN DANA INC 31.87 7.58% 63.86%
GM GENERAL MOTORS 42.02 11.80% 15.76%

Top-Five Autos/Trucks/Tires Stocks–Most Overvalued

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
SPAR SPARTAN MOTORS 15.85 51.22% 79.10%
CNHI CNH INDUSTRIAL 12.98 31.03% 41.86%
FOXF FOX FACTORY HLD 39.55 29.55% 49.53%
NAV NAVISTAR INTL 40.59 29.46% 27.36%
WNC WABASH NATIONAL 20.42 28.97% 39.01%

 

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

Best Buy Co., Inc. (BBY) operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, and bestbuy.com.mx brand names, as well as through call centers. It has approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on Best Buy for 2017-12-07. Based on the information we have gathered and our resulting research, we feel that Best Buy has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

You can download a free copy of detailed report on Best Buy Co., Inc. (BBY) from the link below.

Read our Complete Rating and Forecast Report HERE.

ValuEngine Forecast
Target
Price*
Expected
Return
1-Month 61.97 0.78%
3-Month 62.16 1.08%
6-Month 63.51 3.29%
1-Year 67.23 9.33%
2-Year 70.49 14.64%
3-Year 74.02 20.37%
Valuation & Rankings
Valuation 13.33% overvalued Valuation Rank(?) 33
1-M Forecast Return 0.78% 1-M Forecast Return Rank 93
12-M Return 26.73% Momentum Rank(?) 75
Sharpe Ratio 0.75 Sharpe Ratio Rank(?) 83
5-Y Avg Annual Return 30.29% 5-Y Avg Annual Rtn Rank 94
Volatility 40.19% Volatility Rank(?) 40
Expected EPS Growth 4.80% EPS Growth Rank(?) 26
Market Cap (billions) 21.57 Size Rank 94
Trailing P/E Ratio 15.27 Trailing P/E Rank(?) 80
Forward P/E Ratio 14.57 Forward P/E Ratio Rank 63
PEG Ratio 3.18 PEG Ratio Rank 13
Price/Sales 0.54 Price/Sales Rank(?) 83
Market/Book 5.79 Market/Book Rank(?) 25
Beta 1.46 Beta Rank 21
Alpha -0.00 Alpha Rank 52

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