ValuEngine Weekly: Tech Stocks, Macy’s, Valuations, and More

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

As a bonus to our Free Weekly Newsletter subscribers,
we are offering a FREE DOWNLOAD of one of our Stock Reports

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