{"id":1054,"date":"2018-01-02T10:15:01","date_gmt":"2018-01-02T10:15:01","guid":{"rendered":"http:\/\/blog.valuengine.com\/?p=1054"},"modified":"2017-12-31T17:21:12","modified_gmt":"2017-12-31T17:21:12","slug":"mi-homes-is-a-strong-buy-for-valuengine","status":"publish","type":"post","link":"http:\/\/blog.valuengine.com\/index.php\/mi-homes-is-a-strong-buy-for-valuengine\/","title":{"rendered":"M\/I HOMES Is A STRONG BUY For ValuEngine"},"content":{"rendered":"<p><span style=\"color: #000080;\"><strong>For today&#8217;s bulletin, we take a look at M\/I Homes $MHO. We also provide a link to download a FREE STOCK REPORT on the company. Because overvaluation has declined below 60%, we have rescinded our Valuation Watch.<\/strong><\/span><\/p>\n<p><span style=\"color: #000080;\"><strong> EDITOR&#8217;S NOTE: We will be publishing on an adjusted schedule for the 2017 holidays&#8211;T,TH,F, and then resume our regular M,W,F publication schedule beginning January 8, 2018<\/strong><\/span><\/p>\n<p><span style=\"color: #000080;\"><strong>VALUATION WATCH: Overvalued stocks now make up 58.29% of our stocks assigned a valuation and 23.73% of those equities are calculated to be overvalued by 20% or more. Because overvaluation has declined below 60%, we have rescinded our latest Valuation Watch. Fourteen sectors are calculated to be overvalued.<\/strong><\/span><\/p>\n<h1><strong>\u00a0<\/strong><\/h1>\n<p>For today&#8217;s bulletin, the first of 2018&#8211;HAPPY NEW YEAR TO ALL OF OUR READERS&#8211;we take a look at one of our STRONG BUY stocks that is yet another big home builder. Like Pulte Homes&#8211;which we covered a few weeks ago, MI Homes (MHO) has recovered nicely from teh housing crisis and the Bush economic b low up of 2007-2008.<\/p>\n<p>PM\/I Homes is one of nation&#8217;s leading builders of single family homes. M\/I Homes have established an exemplary reputation based on a strong commitment to superior customer service, innovative design, quality construction and premium locations. M\/I Homes serve a broad segment of the housing market including first-time, move-up, luxury and empty nester buyers. M\/I Homes design, market, construct and sell single-family homes and attached townhomes to first-time, moveup, empty-nester and luxury buyers. The company have homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Tampa, Orlando and Palm Beach County, Florida; Charlotte and Raleigh, North Carolina; Virginia and Maryland. .<\/p>\n<p>ValuEngine continues its STRONG BUY recommendation on MI Homes for 2017-12-29. Based on the information we have gathered and our resulting research, we feel that MI Homes INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P\/E Ratio and Price Sales Ratio.<\/p>\n<p>You can download a free copy of detailed report on MI Homes (MHO) from the link below.<\/p>\n<p><img class=\"aligncenter\" src=\"http:\/\/www.valuengine.com\/charts\/pricerating_jpg\/MHO.jpg\" border=\"0\" \/><\/p>\n<table width=\"45%\">\n<tbody>\n<tr>\n<td colspan=\"3\"><strong>ValuEngine Forecast<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"90\"><\/td>\n<th width=\"122\">Target<br \/>\nPrice*<\/th>\n<th width=\"113\">Expected<br \/>\nReturn<\/th>\n<\/tr>\n<tr>\n<td><strong>1-Month<\/strong><\/td>\n<td>34.80<\/td>\n<td>1.17%<\/td>\n<\/tr>\n<tr>\n<td><strong>3-Month<\/strong><\/td>\n<td>35.18<\/td>\n<td>2.26%<\/td>\n<\/tr>\n<tr>\n<td><strong>6-Month<\/strong><\/td>\n<td>36.19<\/td>\n<td>5.19%<\/td>\n<\/tr>\n<tr>\n<td><strong>1-Year<\/strong><\/td>\n<td>39.23<\/td>\n<td>14.06%<\/td>\n<\/tr>\n<tr>\n<td><strong>2-Year<\/strong><\/td>\n<td>43.50<\/td>\n<td>26.44%<\/td>\n<\/tr>\n<tr>\n<td><strong>3-Year<\/strong><\/td>\n<td>47.04<\/td>\n<td>36.73%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"65%\">\n<tbody>\n<tr>\n<td colspan=\"4\"><strong>Valuation &amp; Rankings<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"29%\"><strong>Valuation<\/strong><\/td>\n<td width=\"21%\">22.18% overvalued<\/td>\n<td width=\"29%\"><strong>Valuation Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td width=\"25%\">21<\/td>\n<\/tr>\n<tr>\n<td><strong>1-M Forecast Return<\/strong><\/td>\n<td>1.17%<\/td>\n<td><strong>1-M Forecast Return Rank<\/strong><\/td>\n<td>99<\/td>\n<\/tr>\n<tr>\n<td><strong>12-M Return<\/strong><\/td>\n<td>34.48%<\/td>\n<td><strong>Momentum Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>79<\/td>\n<\/tr>\n<tr>\n<td><strong>Sharpe Ratio<\/strong><\/td>\n<td>0.33<\/td>\n<td><strong>Sharpe Ratio Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>65<\/td>\n<\/tr>\n<tr>\n<td width=\"29%\"><strong>5-Y Avg Annual Return<\/strong><\/td>\n<td>9.96%<\/td>\n<td><strong>5-Y Avg Annual Rtn Rank<\/strong><\/td>\n<td>67<\/td>\n<\/tr>\n<tr>\n<td><strong>Volatility<\/strong><\/td>\n<td>30.37%<\/td>\n<td><strong>Volatility Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>51<\/td>\n<\/tr>\n<tr>\n<td><strong>Expected EPS Growth<\/strong><\/td>\n<td>18.81%<\/td>\n<td><strong>EPS Growth Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>53<\/td>\n<\/tr>\n<tr>\n<td><strong>Market Cap (billions)<\/strong><\/td>\n<td>0.84<\/td>\n<td><strong>Size Rank<\/strong><\/td>\n<td>59<\/td>\n<\/tr>\n<tr>\n<td><strong>Trailing P\/E Ratio<\/strong><\/td>\n<td>11.83<\/td>\n<td><strong>Trailing P\/E Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>89<\/td>\n<\/tr>\n<tr>\n<td><strong>Forward P\/E Ratio<\/strong><\/td>\n<td>9.96<\/td>\n<td><strong>Forward P\/E Ratio Rank<\/strong><\/td>\n<td>86<\/td>\n<\/tr>\n<tr>\n<td><strong>PEG Ratio<\/strong><\/td>\n<td>0.63<\/td>\n<td><strong>PEG Ratio Rank<\/strong><\/td>\n<td>57<\/td>\n<\/tr>\n<tr>\n<td><strong>Price\/Sales<\/strong><\/td>\n<td>0.45<\/td>\n<td><strong>Price\/Sales Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>87<\/td>\n<\/tr>\n<tr>\n<td><strong>Market\/Book<\/strong><\/td>\n<td>1.16<\/td>\n<td><strong>Market\/Book Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>76<\/td>\n<\/tr>\n<tr>\n<td><strong>Beta<\/strong><\/td>\n<td>1.34<\/td>\n<td><strong>Beta Rank<\/strong><\/td>\n<td>24<\/td>\n<\/tr>\n<tr>\n<td><strong>Alpha<\/strong><\/td>\n<td>0.19<\/td>\n<td><strong>Alpha Rank<\/strong><\/td>\n<td>82<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><em><strong><a href=\"http:\/\/www.valuengine.com\/download\/report\/TMP_VE_MHO_20171231028606.pdf\">DOWNLOAD A FREE SAMPLE OF OUR MI HOMES (MHO) REPORT BY CLICKING HERE <\/a><\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #000080;\"><strong>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.<\/strong><\/span><br \/>\n<span style=\"color: #000080;\"><strong> Contact ValuEngine at (800) 381-5576 or support@valuengine.com \u00a0<\/strong><\/span><br \/>\n<span style=\"color: #000080;\"><strong> <a style=\"color: #000080;\" href=\"http:\/\/www.valuengine.com\/pub\/VeSubscribeInfo\">Visit www.ValuEngine.com for more information<\/a><\/strong><\/span><\/p>\n<h1 style=\"text-align: center;\"><span style=\"color: #000080;\"><strong>\u00a0<\/strong><\/span><\/h1>\n<p style=\"text-align: center;\"><span style=\"color: #000080;\"><strong>ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine&#8217;s award-winning stock research. <\/strong><\/span><br \/>\n<span style=\"color: #000080;\"><strong> Contact ValuEngine Capital at info@valuenginecapital.com<\/strong><\/span><br \/>\n<span style=\"color: #000080;\"><strong> <a style=\"color: #000080;\" href=\"http:\/\/valuenginecapital.com\/\">Visit www.ValuEngineCapital.com for more information<\/a><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For today&#8217;s bulletin, we take a look at M\/I Homes $MHO. We also provide a link to download a FREE STOCK REPORT on the company. Because overvaluation has declined below 60%, we have rescinded our Valuation Watch. EDITOR&#8217;S NOTE: We will be publishing on an adjusted schedule for the 2017 holidays&#8211;T,TH,F, and then resume our &#8230; <a title=\"M\/I HOMES Is A STRONG BUY For ValuEngine\" class=\"read-more\" href=\"http:\/\/blog.valuengine.com\/index.php\/mi-homes-is-a-strong-buy-for-valuengine\/\" aria-label=\"More on M\/I HOMES Is A STRONG BUY For ValuEngine\">Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[11,8,131,136,9,6,7,413,562,67],"_links":{"self":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/1054"}],"collection":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/comments?post=1054"}],"version-history":[{"count":3,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/1054\/revisions"}],"predecessor-version":[{"id":1057,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/1054\/revisions\/1057"}],"wp:attachment":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/media?parent=1054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/categories?post=1054"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/tags?post=1054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}