This week, we provide top-five ranked VE data for our Construction stocks. We take a look at our latest data on JPMorgan Chase $JPM. We currently have an overvaluation watch underway.
VALUATION WATCH: Overvalued stocks now make up 61.9% of our stocks assigned a valuation and 22.69% of those equities are calculated to be overvalued by 20% or more. Fifteen sectors are calculated to be overvalued.
ValuEngine Index Overview
| Index | Week Open | Thursday PM | Change | % Change | YTD |
| DJIA | 20668.22 | 20542.83 | -125.39 | -0.61% | 4.19% |
| NASDAQ | 5883.43 | 5833.05 | -50.38 | -0.86% | 8.67% |
| RUSSELL 2000 | 1364.76 | 1351.55 | -13.21 | -0.97% | 0.21% |
| S&P 500 | 2357.16 | 2339.89 | -17.27 | -0.73% | 4.79% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 38.1% |
| Stocks Overvalued | 61.9% |
| Stocks Undervalued by 20% | 15.83% |
| Stocks Overvalued by 20% | 22.69% |
ValuEngine Sector Overview
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Multi-Sector Conglomerates | -0.56% | -1.07% | 5.58% | 13.13% overvalued | 12.44% | 19.69 |
| Aerospace | -0.77% | 0.13% | 0.78% | 11.98% overvalued | 23.50% | 20.12 |
| Computer and Technology | -0.71% | -1.90% | 9.12% | 11.47% overvalued | 20.88% | 30.81 |
| Industrial Products | -1.20% | -1.36% | 2.95% | 11.22% overvalued | 25.48% | 24.19 |
| Finance | -0.47% | -0.55% | 2.24% | 10.58% overvalued | 16.75% | 17.54 |
| Utilities | 0.28% | 3.49% | 8.13% | 10.29% overvalued | 18.20% | 24.23 |
| Consumer Staples | -0.31% | 0.19% | 4.23% | 7.61% overvalued | 10.73% | 24.75 |
| Construction | -0.93% | -1.24% | 7.52% | 7.59% overvalued | 19.13% | 21.38 |
| Transportation | -1.23% | -0.28% | 4.30% | 6.62% overvalued | 15.91% | 20.91 |
| Basic Materials | -1.32% | 0.11% | 6.76% | 6.23% overvalued | 39.43% | 26.10 |
| Business Services | -0.59% | -1.05% | 4.63% | 5.87% overvalued | 10.35% | 24.05 |
| Oils-Energy | -0.85% | 0.80% | -0.21% | 4.57% overvalued | 16.23% | 30.43 |
| Consumer Discretionary | -0.24% | -1.07% | 4.71% | 3.98% overvalued | 17.63% | 25.68 |
| Auto-Tires-Trucks | -1.30% | -2.68% | 3.69% | 2.18% overvalued | 26.95% | 14.13 |
| Retail-Wholesale | -0.78% | -0.29% | 1.88% | 0.71% overvalued | 6.56% | 23.68 |
| Medical | -0.07% | -2.02% | 7.81% | 3.18% undervalued | 7.43% | 27.95 |
Sector Talk–Construction
Below, we present the latest data on Construction 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 Construction Stocks–Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| WGO | WINNEBAGO | 25.55 | -12.18% | 23.79% |
| MHO | M/I HOMES INC | 24.36 | -1.80% | 27.27% |
| CX | CEMEX SA ADR | 9 | -27.12% | 29.46% |
| THO | THOR INDS INC | 89.45 | -5.10% | 45.49% |
| CAA | CALATLANTIC GRP | 37.67 | -5.33% | 10.18% |
Top-Five Construction Stocks–Momentum
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| GFA | GAFISA SA-ADR | 16.05 | N/A | 1014.58% |
| WLDN | WILLDAN GROUP | 30.97 | 69.13% | 202.44% |
| GV | GOLDFIELD CORP | 5 | N/A | 184.09% |
| URI | UTD RENTALS INC | 121.13 | 38.32% | 102.02% |
| TPC | TUTOR PERINI CP | 30.85 | 41.64% | 100.85% |
Top-Five Construction Stocks–Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| CX | CEMEX SA ADR | 9 | -27.12% | 29.46% |
| THO | THOR INDS INC | 89.45 | -5.10% | 45.49% |
| CAA | CALATLANTIC GRP | 37.67 | -5.33% | 10.18% |
| PHM | PULTE GROUP ONC | 23.77 | 4.68% | 33.31% |
| WGO | WINNEBAGO | 25.55 | -12.18% | 23.79% |
Top-Five Construction Stocks–Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| WLDN | WILLDAN GROUP | 30.97 | 69.13% | 202.44% |
| TPC | TUTOR PERINI CP | 30.85 | 41.64% | 100.85% |
| URI | UTD RENTALS INC | 121.13 | 38.32% | 102.02% |
| IBP | INSTALLED BUILD | 51.45 | 37.61% | 87.77% |
| CCS | CENTURY COMMUNT | 26.4 | 34.29% | 47.16% |
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JPMorgan Chase & Co. (JPM) is a financial services firm. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. It offers various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage. It also offers consumer and business, and mortgage banking products and services that include checking and savings accounts, mortgages, home equity and business loans, and investments. JPMorgan Chase & Co. is headquartered in New York.
VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on JPMORGAN CHASE for 2017-04-12. Based on the information we have gathered and our resulting research, we feel that JPMORGAN CHASE has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and P/E Ratio.
You can download a free copy of detailed report on JPMorgan Chase & Co. (JPM) from the link below.
Read our Complete Rating and Forecast Report on JPMorgan Chase (JPM) HERE.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 86.09 | 0.80% |
| 3-Month | 86.91 | 1.77% |
| 6-Month | 89.02 | 4.24% |
| 1-Year | 93.62 | 9.62% |
| 2-Year | 92.32 | 8.10% |
| 3-Year | 96.36 | 12.83% |
| Valuation & Rankings | |||
| Valuation | 9.86% overvalued | Valuation Rank(?) | 42 |
| 1-M Forecast Return | 0.80% | 1-M Forecast Return Rank | 93 |
| 12-M Return | 44.06% | Momentum Rank(?) | 82 |
| Sharpe Ratio | 0.56 | Sharpe Ratio Rank(?) | 80 |
| 5-Y Avg Annual Return | 12.95% | 5-Y Avg Annual Rtn Rank | 80 |
| Volatility | 23.04% | Volatility Rank(?) | 65 |
| Expected EPS Growth | 7.87% | EPS Growth Rank(?) | 35 |
| Market Cap (billions) | 319.24 | Size Rank | 100 |
| Trailing P/E Ratio | 13.45 | Trailing P/E Rank(?) | 84 |
| Forward P/E Ratio | 12.47 | Forward P/E Ratio Rank | 74 |
| PEG Ratio | 1.71 | PEG Ratio Rank | 28 |
| Price/Sales | 3.03 | Price/Sales Rank(?) | 36 |
| Market/Book | 1.60 | Market/Book Rank(?) | 63 |
| Beta | 1.52 | Beta Rank | 19 |
| Alpha | 0.19 | Alpha Rank | 77 |
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