ValuEngine Weekly: Construction Stocks, JPMorgan Chase, Valuation Watch, and More

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%

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

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

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.
Contact ValuEngine at (800) 381-5576 or support@valuengine.com  
Visit www.ValuEngine.com for more information

 

ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine’s award-winning stock research.
Contact ValuEngine Capital at info@valuenginecapital.com
Visit www.ValuEngineCapital.com for more information

Leave a Comment