This week, we provide top-five ranked VE data for our Industrial Products Sector stocks. We take a look at our latest data on Boingo Wireless $WIFI and provide a free download link for our stock report on the company.
VALUATION WATCH: Overvalued stocks now make up 53.61% of our stocks assigned a valuation and 22.87% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued.
ValuEngine Index Overview
| Index | Week Open | Friday PM | Change | % Change | YTD |
| DJIA | 26151.66 | 26740.37 | 588.71 | 2.25% | 8.18% |
| NASDAQ | 7992.21 | 8010.72 | 18.51 | 0.23% | 16.04% |
| RUSSELL 2000 | 1721.66 | 1716.86 | -4.8 | -0.28% | 11.81% |
| S&P 500 | 2903.83 | 2933.9 | 30.07 | 1.04% | 9.74% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 46.39% |
| Stocks Overvalued | 53.61% |
| Stocks Undervalued by 20% | 18.29% |
| Stocks Overvalued by 20% | 22.87% |
ValuEngine Sector Overview
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Aerospace | 0.05% | 1.56% | 9.88% | 16.73% overvalued | 17.71% | 27.27 |
| Computer and Technology | 1.16% | -1.95% | 9.00% | 16.34% overvalued | 23.89% | 31.65 |
| Medical | 0.96% | -1.70% | 18.88% | 16.08% overvalued | 38.49% | 29.36 |
| Retail-Wholesale | 0.53% | -1.37% | 5.60% | 9.30% overvalued | 25.61% | 23.94 |
| Multi-Sector Conglomerates | 0.23% | 0.90% | -1.15% | 8.31% overvalued | 6.17% | 19.96 |
| Consumer Discretionary | 0.60% | -0.64% | 3.75% | 8.17% overvalued | 16.30% | 25.99 |
| Business Services | 1.26% | -0.29% | 13.79% | 7.30% overvalued | 17.85% | 24.49 |
| Consumer Staples | 0.90% | 0.46% | -0.73% | 6.47% overvalued | 8.93% | 24.28 |
| Transportation | 0.13% | 0.60% | 0.32% | 6.18% overvalued | 10.88% | 19.10 |
| Utilities | 1.31% | 1.15% | -2.75% | 5.06% overvalued | -4.43% | 20.72 |
| Industrial Products | 0.74% | 0.56% | 5.30% | 4.24% overvalued | 12.28% | 24.72 |
| Auto-Tires-Trucks | 1.98% | 1.16% | -0.98% | 2.87% overvalued | -0.07% | 13.09 |
| Finance | 0.64% | -0.56% | 2.47% | 2.14% overvalued | 6.36% | 17.29 |
| Construction | 0.39% | 1.35% | 1.29% | 5.42% undervalued | 8.94% | 20.06 |
| Basic Materials | 0.67% | 0.45% | 2.47% | 9.42% undervalued | -3.86% | 21.40 |
| Oils-Energy | 0.65% | -0.70% | 7.85% | 12.80% undervalued | 13.22% | 22.67 |
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Sector Talk–Industrial Products
Below, we present the latest data on Industrial Products 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 Industrial Products Stocks–Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| CDXS | CODEXIS INC | 17.95 | 156.50% | 212.17% |
| AAXN | AXON ENTERPRISE | 67.37 | 149.62% | 205.26% |
| PRLB | PROTO LABS INC | 160.3 | 83.17% | 114.30% |
| CYRX | CRYOPORT INC | 12.27 | 77.82% | 30.25% |
| LXFR | LUXFER HOLDINGS | 22.77 | 82.74% | 79.86% |
Top-Five Industrial Products Stocks–Momentum
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| CDXS | CODEXIS INC | 17.95 | 156.50% | 212.17% |
| AAXN | AXON ENTERPRISE | 67.37 | 149.62% | 205.26% |
| BOOM | DMC GLOBAL INC | 38.6 | 5.17% | 152.29% |
| PRLB | PROTO LABS INC | 160.3 | 83.17% | 114.30% |
| GWW | GRAINGER W W | 351.3 | 13.37% | 105.88% |
Top-Five Industrial Products Stocks–Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| GWW | GRAINGER W W | 351.3 | 13.37% | 105.88% |
| ZBRA | ZEBRA TECH CL A | 172.7 | 15.23% | 59.67% |
| HDS | HD SUPPLY HLDGS | 41.98 | 6.09% | 25.73% |
| DE | DEERE & CO | 152.39 | -3.58% | 23.81% |
| CAT | CATERPILLAR INC | 152.76 | -9.98% | 22.46% |
Top-Five Industrial Products Stocks–Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| CDXS | CODEXIS INC | 17.95 | 156.50% | 212.17% |
| AAXN | AXON ENTERPRISE | 67.37 | 149.62% | 205.26% |
| PRLB | PROTO LABS INC | 160.3 | 83.17% | 114.30% |
| LXFR | LUXFER HOLDINGS | 22.77 | 82.74% | 79.86% |
| CYRX | CRYOPORT INC | 12.27 | 77.82% | 30.25% |
Free Download for Readers
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we are offering a FREE DOWNLOAD of one of our Stock Reports
Boingo Wireless, Inc. (WIFI) is a Wi-Fi software and services provider. Boingo users can access the mobile Internet via Boingo Network locations that include the airports, hotel chains, caf?s and coffee shops, restaurants, convention centers and metropolitan hot zones. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. Boingo Wireless, Inc. is headquartered in Los Angeles, California.
VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on BOINGO WIRELESS for 2018-09-20. Based on the information we have gathered and our resulting research, we feel that BOINGO WIRELESS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Sharpe Ratio.
You can download a free copy of detailed report on Boingo Wireless, Inc. (WIFI) from the link below.
Read our Complete Rating and Forecast Report HERE.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 32.85 | 1.17% |
| 3-Month | 33.50 | 3.18% |
| 6-Month | 34.68 | 6.81% |
| 1-Year | 37.05 | 14.12% |
| 2-Year | 39.84 | 22.70% |
| 3-Year | 38.90 | 19.81% |
| Valuation & Rankings | |||
| Valuation | 165.83% overvalued | Valuation Rank(?) | 2 |
| 1-M Forecast Return | 1.17% | 1-M Forecast Return Rank | 99 |
| 12-M Return | 53.16% | Momentum Rank(?) | 91 |
| Sharpe Ratio | 0.78 | Sharpe Ratio Rank(?) | 86 |
| 5-Y Avg Annual Return | 30.64% | 5-Y Avg Annual Rtn Rank | 95 |
| Volatility | 39.11% | Volatility Rank(?) | 41 |
| Expected EPS Growth | 36.84% | EPS Growth Rank(?) | 69 |
| Market Cap (billions) | 1.17 | Size Rank | 63 |
| Trailing P/E Ratio | n/a | Trailing P/E Rank(?) | 28 |
| Forward P/E Ratio | n/a | Forward P/E Ratio Rank | n/a |
| PEG Ratio | 6.96 | PEG Ratio Rank | 5 |
| Price/Sales | 5.12 | Price/Sales Rank(?) | 22 |
| Market/Book | 20.45 | Market/Book Rank(?) | 8 |
| Beta | 0.62 | Beta Rank | 55 |
| Alpha | 0.37 | Alpha Rank | 91 |
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Steve Hach
Senior Editor
ValuEngine.com