ValuEngine Weekly: Utilities Stocks, Bank of America, Valuation Watch, and More

This week, we provide top-five ranked VE data for our Utilities Sector stocks. We take a look at our latest data on Bank of America $BAC and provide a free download link for our stock report on the company. Overvaluation has declined below 60% and therefore we have ended our latest Valuation Watch.

VALUATION WATCH: Overvalued stocks now make up 60.08% of our stocks assigned a valuation and 26.61% of those equities are calculated to be overvalued by 20% or more. Eleven sectors are calculated to be overvalued.

ValuEngine Index Overview

Index Week Open Friday PM Change % Change YTD
DJIA 25337.87 23841.78 -301.76 -1.14% -3.55%
NASDAQ 7165.96 6776.69 -55.74 -0.74% -1.84%
RUSSELL 2000 1544.94 1467.78 -29.45 -1.83% -4.41%
S&P 500 2741.06 2578.76 -34.23 -1.19% -3.55%

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued 52.2%
Stocks Overvalued 47.8%
Stocks Undervalued by 20% 21.1%
Stocks Overvalued by 20% 16.7%

ValuEngine Sector Overview

Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Aerospace -2.34% -5.85% -1.15% 19.50% overvalued 17.49% 22.28
Computer and Technology -3.18% -6.90% -3.24% 11.17% overvalued 24.51% 30.96
Consumer Discretionary -2.01% -4.75% -2.10% 10.69% overvalued 20.60% 24.00
Multi-Sector Conglomerates -1.83% -6.14% -1.58% 7.63% overvalued 12.56% 24.43
Transportation -2.41% -6.23% -3.31% 5.96% overvalued 18.39% 21.91
Construction -2.13% -4.40% -1.46% 4.82% overvalued 20.96% 21.53
Business Services -2.27% -5.77% -1.53% 3.40% overvalued 13.91% 25.09
Industrial Products -2.11% -5.66% -3.44% 3.34% overvalued 17.48% 24.47
Medical -2.17% -5.21% 0.32% 2.71% overvalued 41.21% 28.65
Consumer Staples -1.41% -4.97% -3.90% 2.27% overvalued 15.97% 24.95
Auto-Tires-Trucks -2.58% -5.60% -2.29% 0.58% overvalued 21.84% 14.43
Finance -2.06% -5.22% -3.32% 1.16% undervalued 7.13% 17.86
Retail-Wholesale -1.91% -5.48% -4.43% 2.53% undervalued 12.13% 23.77
Utilities -1.94% -7.50% -8.23% 2.93% undervalued 3.23% 21.08
Basic Materials -1.98% -5.69% -2.23% 5.57% undervalued -0.69% 23.10
Oils-Energy -2.70% -7.55% -3.28% 18.61% undervalued -6.81% 28.37

Sector Talk–Utilities

Below, we present the latest data on Utilities 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 Utilities Stocks–Short-Term Forecast Returns

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
EOCC ENDESA-CHILE 27.58 N/A 46.55%
TEF TELEFONICA S.A. 9.23 N/A -2.84%
SBS SABESP -ADR 10.14 1.16% -2.41%
EONGY E.ON AG-ADR 9.8 N/A 30.67%
ENIA ENERSIS S A ADR 11.09 N/A 15.76%

Top-Five Utilities Stocks–Momentum

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
VG VONAGE HOLDINGS 10.37 66.22% 55.47%
NRG NRG ENERGY INC 24 -28.66% 46.70%
EOCC ENDESA-CHILE 27.58 N/A 46.55%
ENLAY ENEL SOCIETA PR 5.66 N/A 34.44%
PAM PAMPA ENERGIA 61.14 N/A 33.58%

Top-Five Utilities Stocks–Composite Score

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
FE FIRSTENERGY CP 30.64 -10.02% 2.00%
BIP BROOKFIELD INFR 40.4 -4.33% 13.20%
ETR ENTERGY CORP 72.02 -4.78% 0.87%
VZ VERIZON COMM 49.04 -1.78% 1.39%
EXC EXELON CORP 35.98 -1.69% 2.13%

Top-Five Utilities Stocks–Most Overvalued

Ticker Name Mkt Price Valuation (%) Last 12-M Return (%)
VG VONAGE HOLDINGS 10.37 66.22% 55.47%
SHEN SHENANDOAH TELE 30.5 49.82% 15.97%
WGL WGL HLDGS INC 84.29 26.69% 1.21%
AWR AMER STATES WTR 50.34 21.21% 14.72%
AY ATLANTICA YIELD 19.69 17.16% -7.47%

 

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

Bank of America (BAC) is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including approximately 24 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on Bank of America for 2018-02-08. Based on the information we have gathered and our resulting research, we feel that Bank of America has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

You can download a free copy of detailed report on Bank of America (BAC) from the link below.

Read our Complete Rating and Forecast Report HERE.

ValuEngine Forecast
Target
Price*
Expected
Return
1-Month 167.93 0.30%
3-Month 166.05 -0.83%
6-Month 166.86 -0.34%
1-Year 173.45 3.60%
2-Year 166.19 -0.74%
3-Year 162.38 -3.02%
Valuation & Rankings
Valuation 2.97% overvalued Valuation Rank(?) 56
1-M Forecast Return 0.30% 1-M Forecast Return Rank 74
12-M Return 37.97% Momentum Rank(?) 79
Sharpe Ratio 0.67 Sharpe Ratio Rank(?) 80
5-Y Avg Annual Return 16.00% 5-Y Avg Annual Rtn Rank 80
Volatility 23.84% Volatility Rank(?) 63
Expected EPS Growth 15.84% EPS Growth Rank(?) 43
Market Cap (billions) 975.24 Size Rank 100
Trailing P/E Ratio 17.33 Trailing P/E Rank(?) 75
Forward P/E Ratio 14.96 Forward P/E Ratio Rank 60
PEG Ratio 1.09 PEG Ratio Rank 37
Price/Sales 4.25 Price/Sales Rank(?) 27
Market/Book 7.74 Market/Book Rank(?) 20
Beta 1.18 Beta Rank 30
Alpha 0.17 Alpha Rank 79

 

 

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