This week, we provide top-five ranked VE data for our Tech Sector stocks. We take a look at our latest data on Macy’s $M and provide a free download link for our stock report on the company.
VALUATION WATCH: Overvalued stocks now make up 54.29% of our stocks assigned a valuation and 21.47% of those equities are calculated to be overvalued by 20% or more. Twelve sectors are calculated to be overvalued.
ValuEngine Index Overview
| Index | Week Open | Friday PM | Change | % Change | YTD |
| DJIA | 24727.55 | 25299.59 | 18.65 | 0.08% | 2.35% |
| NASDAQ | 7570.08 | 7641.3 | 151.1002 | 2.04% | 10.69% |
| RUSSELL 2000 | 1649.2 | 1671.52 | 21.81005 | 1.34% | 8.86% |
| S&P 500 | 2741.67 | 2775.49 | 27.94 | 1.03% | 3.81% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 45.71% |
| Stocks Overvalued | 54.29% |
| Stocks Undervalued by 20% | 17.41% |
| Stocks Overvalued by 20% | 21.47% |
ValuEngine Sector Overview
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Aerospace | 0.28% | 0.92% | 5.70% | 17.05% overvalued | 18.75% | 26.66 |
| Computer and Technology | -0.26% | 2.11% | 7.14% | 17.03% overvalued | 24.14% | 32.10 |
| Medical | -0.43% | 1.83% | 12.64% | 12.40% overvalued | 42.81% | 28.60 |
| Retail-Wholesale | 0.13% | 3.94% | 3.43% | 9.75% overvalued | 21.31% | 24.08 |
| Consumer Discretionary | -0.05% | 1.77% | 2.09% | 9.54% overvalued | 18.26% | 25.50 |
| Business Services | -0.20% | 1.77% | 7.19% | 6.76% overvalued | 20.63% | 25.56 |
| Multi-Sector Conglomerates | 0.58% | 1.47% | -1.65% | 5.51% overvalued | 8.68% | 23.87 |
| Finance | 0.09% | 1.76% | 2.19% | 4.83% overvalued | 10.52% | 18.13 |
| Industrial Products | 0.12% | 2.01% | 2.14% | 3.63% overvalued | 16.06% | 25.25 |
| Consumer Staples | -0.05% | 0.69% | -2.35% | 1.36% overvalued | 9.12% | 25.92 |
| Transportation | 0.04% | 1.09% | 0.38% | 0.61% overvalued | 21.13% | 19.33 |
| Utilities | -0.35% | 0.15% | -5.40% | 0.51% undervalued | -4.71% | 20.33 |
| Construction | 0.01% | 1.82% | 4.33% | 0.88% undervalued | 22.80% | 22.64 |
| Auto-Tires-Trucks | -0.11% | 3.08% | -2.67% | 1.54% undervalued | 10.69% | 13.27 |
| Basic Materials | -0.40% | 1.30% | 5.52% | 3.81% undervalued | 7.95% | 23.20 |
| Oils-Energy | 0.88% | -0.36% | 6.75% | 10.63% undervalued | 16.92% | 25.88 |
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Sector Talk–Computers and Technology
Below, we present the latest data on Computers and Technology 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 Computers and Technology Stocks–Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| I | INTELSAT SA | 16.7 | 300.00% | 454.82% |
| SGMS | SCIENTIFIC GAME | 58.6 | 105.56% | 130.71% |
| USAT | USA TECH INC | 13.45 | 95.89% | 153.77% |
| VRNS | VARONIS SYSTEMS | 76.15 | 126.33% | 109.49% |
| EGAN | EGAIN CORP | 13.35 | 57.27% | 761.29% |
Top-Five Computers and Technology Stocks–Momentum
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| EGAN | EGAIN CORP | 13.35 | 57.27% | 761.29% |
| HEAR | TURTLE BEACH CP | 21.53 | 83.21% | 599.03% |
| I | INTELSAT SA | 16.7 | 300.00% | 454.82% |
| XNET | XUNLEI LTD-ADR | 12.81 | N/A | 271.30% |
| QNST | QUINSTREET INC | 13.32 | N/A | 255.20% |
Top-Five Computers and Technology Stocks–Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| MU | MICRON TECH | 59.63 | 14.74% | 83.48% |
| TSG | STARS GROUP INC | 36.45 | -2.92% | 107.69% |
| YY | YY INC-ADR | 109.08 | -11.40% | 81.80% |
| INTC | INTEL CORP | 55.88 | 10.93% | 54.11% |
| ESIO | ELECTRO SCI IND | 19.37 | -5.78% | 121.37% |
Top-Five Computers and Technology Stocks–Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| I | INTELSAT SA | 16.7 | 300.00% | 454.82% |
| GTT | GTT COMMUNICATN | 46.75 | 196.31% | 43.85% |
| DDD | 3D SYSTEMS CORP | 13.89 | 187.02% | -33.03% |
| IPHI | INPHI CORP | 34.8 | 138.98% | -12.61% |
| WIX | WIX.COM LTD | 92.9 | 137.04% | 16.93% |
Free Download for Readers
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Macy’s (M) is one of the nation’s premier retailers, operating about 885 stores in 45 states, the District of Columbia, Guam and Puerto Rico, under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Prior to June 1, 2007, Macy’s was known as Federated Department Stores.
VALUENGINE RECOMMENDATION: ValuEngine continues its HOLD recommendation on MACYS INC for 2018-06-07. Based on the information we have gathered and our resulting research, we feel that MACYS INC has the probability to ROUGHLY MATCH average market performance for the next year. The company exhibits ATTRACTIVE Momentum but UNATTRACTIVE Book Market Ratio.
You can download a free copy of detailed report on Macy’s (M) from the link below.
Read our Complete Rating and Forecast Report HERE.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 40.32 | 0.27% |
| 3-Month | 38.68 | -3.80% |
| 6-Month | 38.35 | -4.62% |
| 1-Year | 41.51 | 3.23% |
| 2-Year | 36.80 | -8.48% |
| 3-Year | 35.71 | -11.18% |
| Valuation & Rankings | |||
| Valuation | 10.98% undervalued | Valuation Rank(?) | 75 |
| 1-M Forecast Return | 0.27% | 1-M Forecast Return Rank | 71 |
| 12-M Return | 84.36% | Momentum Rank(?) | 95 |
| Sharpe Ratio | -0.19 | Sharpe Ratio Rank(?) | 33 |
| 5-Y Avg Annual Return | -6.51% | 5-Y Avg Annual Rtn Rank | 32 |
| Volatility | 33.92% | Volatility Rank(?) | 46 |
| Expected EPS Growth | -1.25% | EPS Growth Rank(?) | 18 |
| Market Cap (billions) | 13.70 | Size Rank | 91 |
| Trailing P/E Ratio | 10.02 | Trailing P/E Rank(?) | 92 |
| Forward P/E Ratio | 10.15 | Forward P/E Ratio Rank | 81 |
| PEG Ratio | n/a | PEG Ratio Rank | n/a |
| Price/Sales | 0.54 | Price/Sales Rank(?) | 83 |
| Market/Book | 9.73 | Market/Book Rank(?) | 16 |
| Beta | 0.77 | Beta Rank | 50 |
| Alpha | 0.31 | Alpha Rank | 88 |
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Steve Hach
Senior Editor
ValuEngine.com