Anthem (ANTM:NYS) and FedEx (FDX:NYS) Are Undervalued

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Undervalued Stocks on NYSE

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NYSE

Today’s data is for companies listed on the New York Stock Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
BA Boeing Co 2019 319.550000 435.7143 USD 7
LMT Lockheed Martin Corp 2019 273.960000 365.2500 USD 4
ANTM Anthem Inc 2019 257.610000 328.5000 USD 4
GS Goldman Sachs Group Inc 2019 169.250000 273.0000 USD 6
BLK BlackRock Inc 2019 372.190000 500.3333 USD 3
AGN Allergan PLC 2019 136.560000 219.6000 USD 5
FDX FedEx Corp 2019 162.510000 250.8000 USD 5
HUM Humana Inc 2019 283.290000 351.5000 USD 4
STZ Constellation Brands Inc 2020 172.090000 261.1667 USD 6
STZ.B Constellation Brands Inc 2020 172.375800 261.1667 USD 6
PXD Pioneer Natural Resources Co 2019 132.570000 220.2857 USD 7
BAP Credicorp Ltd 2019 215.830000 568.1400 USD 2
TDG TransDigm Group Inc 2019 333.350000 413.3333 USD 3
ANET Arista Networks Inc 2019 202.050000 285.4000 USD 5
SHOP Shopify Inc 2019 133.190000 216.7166 CAD 9
MKL Markel Corp 2019 1009.980000 1300.0000 USD 1
WCG WellCare Health Plans Inc 2019 228.800000 330.0000 USD 1
MTN Vail Resorts Inc 2019 222.970000 297.0000 USD 1
ADS Alliance Data Systems Corp 2019 158.750000 236.7333 USD 6
URI United Rentals Inc 2019 100.900000 176.0000 USD 4
HII Huntington Ingalls Industries Inc 2019 188.750000 256.4000 USD 5
BIO.B Bio-Rad Laboratories Inc 2019 247.850000 350.0000 USD 1
BIO Bio-Rad Laboratories Inc 2019 234.930000 350.0000 USD 1
WEX WEX Inc 2019 136.980000 216.0000 USD 3
MED Medifast Inc 2019 126.840000 249.0000 USD 1

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

ANTM:NYS Anthem

http://www.antheminc.com
Anthem has 56000 employees and is headquartered in United States.
Anthem Inc is a health benefits company offering a network-based managed care plans to the large and small employer, individual, Medicaid and Medicare markets. Its business segments are Commercial and Specialty Business, Government Business and Other.

FDX:NYS FedEx

http://www.fedex.com
FedEx has 227000 employees and is headquartered in United States.
FedEx Corp is the world’s largest express courier delivery firm. The company provides courier services through various divisions which include express, ground, office, freight, cross border, trade networks and supply chain.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Alphabet (GOOGL:NAS) and TJX Companies (TJX:NYS) Downgraded

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Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TJX TJX Companies Inc 6 0 2 0 1 0 4.1111 4.2000 Outperform
SLB Schlumberger Ltd 6 1 1 0 0 0 4.6250 4.8750 Buy
WPM Wheaton Precious Metals Corp 7 5 1 0 0 0 4.4615 4.6154 Outperform
KGC Kinross Gold Corp 5 3 6 0 2 0 3.5625 3.6875 Outperform
CLB Core Laboratories NV 1 0 4 0 0 0 3.4000 3.8000 Hold
OAS Oasis Petroleum Inc 2 0 5 0 0 0 3.5714 3.8571 Outperform
RDC Rowan Companies PLC 3 0 3 0 0 0 4.0000 4.3333 Outperform
CJ C&J Energy Services Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
FTSI FTS International Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
LPI Laredo Petroleum Inc 1 0 1 0 1 0 3.0000 3.6667 Hold
SPN Superior Energy Services Inc 2 0 2 0 0 0 4.0000 4.5000 Outperform
HCLP Hi-Crush Partners LP 1 0 2 0 1 0 3.0000 3.5000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
WPM Wheaton Precious Metals Corp 7 5 1 0 0 0 4.4615 4.6154 Outperform
K Kinross Gold Corp 5 3 6 0 2 0 3.5625 3.6875 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GOOGL Alphabet Inc 9 1 2 0 0 0 4.5833 4.6154 Buy
GOOG Alphabet Inc 9 1 2 0 0 0 4.5833 4.6154 Buy
WB Weibo Corp 2 1 0 0 0 0 4.6667 4.7500 Buy
OKTA Okta Inc 4 0 1 0 0 0 4.6000 5.0000 Buy
SINA SINA Corp 1 1 0 0 0 0 4.5000 4.6667 Outperform
PTEN Patterson-UTI Energy Inc 6 0 2 1 0 0 4.2222 4.4444 Outperform
GHDX Genomic Health Inc 1 0 2 0 0 0 3.6667 4.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

GOOGL:NAS Alphabet

https://www.abc.xyz
Alphabet has 94372 employees and is headquartered in United States.
Alphabet Inc is a provider of internet content products and portals. Its suite of brands includes Search, Android, YouTube, Apps, Maps & Ads.

TJX:NYS TJX Companies

http://www.tjx.com
TJX Companies has 249000 employees and is headquartered in United States.
TJX Companies Inc is an off-price apparel and home fashions retailer in the United States and other countries. Its stores offer family apparel, including footwear and accessories, home fashions, such as home basics, accent furniture, lamps, among others.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Baker Hughes (BHGE:NYS) and CGI Group (GIB.A:TSE) Upgraded

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Upgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been upgraded by at least one analyst in the last few days.

Why Do Companies Get Upgraded?

Companies can get upgraded for a number of reasons, but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BHGE Baker Hughes, a GE Co 4 1 2 0 0 0 4.2857 4.0000 Outperform
MTB M&T Bank Corp 2 0 3 0 0 0 3.8000 3.3333 Outperform
GIB CGI Group Inc 5 5 2 1 0 0 4.0769 3.8571 Outperform
DXC DXC Technology Co 2 1 1 0 0 0 4.2500 4.0000 Outperform
HES Hess Corp 3 1 2 0 0 0 4.1667 4.0000 Outperform
TECK Teck Resources Ltd 8 3 1 0 0 0 4.5833 4.5000 Buy
CMG Chipotle Mexican Grill Inc 3 0 2 0 2 0 3.2857 3.0000 Hold
FMC FMC Corp 4 0 1 0 0 0 4.6000 4.3333 Buy
ALB Albemarle Corp 5 1 1 0 0 0 4.5714 4.3750 Buy
TOL Toll Brothers Inc 1 1 3 0 0 0 3.6000 3.5000 Outperform
KNX Knight-Swift Transportation Holdings Inc 2 1 3 0 0 0 3.8333 3.6667 Outperform
PSTG Pure Storage Inc 2 0 0 0 0 0 5.0000 4.3333 Buy
SOGO Sogou Inc 1 0 1 0 0 0 4.0000 3.0000 Outperform
IAG Iamgold Corp 6 4 5 0 0 0 4.0667 3.9333 Outperform
WGO Winnebago Industries Inc 0 1 2 0 0 0 3.3333 3.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GIB.A CGI Group Inc 5 5 2 1 0 0 4.0769 3.8571 Outperform
TECK.B Teck Resources Ltd 8 3 1 0 0 0 4.5833 4.5000 Buy
TECK.A Teck Resources Ltd 8 3 1 0 0 0 4.5833 4.5000 Buy
IMG Iamgold Corp 6 4 5 0 0 0 4.0667 3.9333 Outperform
PXT Parex Resources Inc 5 4 0 0 0 0 4.5556 4.5000 Buy
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NWSA News Corp 0 2 2 0 0 0 3.5000 3.2500 Hold
NWS News Corp 0 2 2 0 0 0 3.5000 3.2500 Hold
GLPG Galapagos NV 3 0 1 0 0 0 4.5000 4.3333 Outperform
LSTR Landstar System Inc 0 0 5 0 0 0 3.0000 2.8000 Hold
PINC Premier Inc 3 0 2 0 0 0 4.2000 4.0000 Outperform
WSBC Wesbanco Inc 1 0 1 0 0 0 4.0000 3.0000 Outperform
ABCB Ameris Bancorp 1 0 0 0 0 0 5.0000 3.0000 Buy
HUBG Hub Group Inc 1 0 3 0 0 0 3.5000 3.2500 Hold
SOHU Sohu.com Ltd 1 0 1 0 0 0 4.0000 3.6667 Outperform
MESO Mesoblast Ltd 5 1 0 0 0 0 4.8333 4.6667 Buy
RMNI Rimini Street Inc 1 0 0 0 0 0 5.0000 0.0000 Buy
NDLS Noodles & Co 1 0 0 0 1 0 3.0000 2.0000 Hold
ICBK County Bancorp Inc 1 0 1 0 0 0 4.0000 3.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

BHGE:NYS Baker Hughes

https://www.bhge.com
Baker Hughes has 65000 employees and is headquartered in United States.
Baker Hughes, a GE Co is a fullstream provider of integrated oilfield products, services, and digital solutions. The company offers the full spectrum of services to oil and gas companies, from upstream to downstream.

GIB.A:TSE CGI Group

http://www.cgi.com
CGI Group has 73000 employees and is headquartered in Canada.
CGI Group Inc manages information technology services. The Company’s services include the management of IT and business functions, systems integration and consulting as well as the sale of software solutions.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

GobiMin (GMN:TSX) and Batero Gold (BAT:TSX) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on TSX

Today’s data is for companies listed on the TSX Venture Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
BOE GrowMax Resources Corp 0.080000 213925645 None 0.2208 0.15 0.26
GMN GobiMin Inc 0.300000 49992482 None 0.1480 0.33 0.34
DMGI DMG Blockchain Solutions Inc 0.140000 100922558 None 0.3485 0.18 0.05
FORT Fortress Blockchain Corp 0.140000 71177984 None 0.4854 0.15 None
BAT Batero Gold Corp 0.070000 115182383 None 0.4272 0.08 None
NIR Noble Iron Inc 0.270000 27267479 None 0.8056 0.29 0.42
ACE.H ACE Aviation Holdings Inc 0.180000 32475000 None None 0.35 2.19
LBY Liberty One Lithium Corp 0.075000 66628333 None 0.5598 0.12 0.06
LND Inspira Financial Inc 0.105000 45841454 None 0.4251 0.19 0.19
GLW Galway Gold Inc 0.110000 41627979 None 0.5089 0.16 None
CZQ.H Continental Precious Minerals Inc 0.345000 11706896 None 0.7710 0.45 None
ICL Itasca Capital Ltd 0.185000 21810626 0.6607 0.1699 0.63 None
AET Aethon Minerals Corp 0.130000 27633333 None 0.2945 0.19 None
NOL.H Knol Resources Corp 0.060000 55696470 None 0.9684 0.06 1.43
TLK Frankly Inc 1.010000 2656917 None None 1.09 -6.70
RRR.UN R&R Real Estate Investment Trust 0.080000 32394304 None 0.1076 0.21 -1.00
HOC Hunter Oil Corp 0.185000 13260871 None 0.8663 0.30 0.28
CBV Cobra Venture Corp 0.085000 15903748 None 0.4177 0.14 -0.01
ITG Intact Gold Corp 0.070000 18182651 None 0.5956 0.10 0.10
BFF Nevada Energy Metals Inc 0.100000 5739153 1.1236 0.4680 0.22 None
POC Pacific Iron Ore Corp 0.065000 6737858 None 0.1991 0.08 0.13
FCO Fabled Copper Corp 0.085000 1435331 None 1.2303 0.12 None
FAU.H Fire River Gold Corp. 0.090000 3161570 None None 0.10 0.00
BCO.H British Controlled Oilfields Ltd 0.650000 4068563 None None 0.85 None
AIMB.P.DL AIM2 Ventures Inc 0.155000 361382 None None 2.08 None

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

GMN:TSX GobiMin

http://www.gobimin.com
GobiMin has None employees and is headquartered in Canada.
GobiMin Inc together with its subsidiaries is engaged in the development and exploration of mineral properties, mainly in the Xinjiang Uygur Autonomous Region of the People’s Republic of China.

BAT:TSX Batero Gold

http://www.baterogold.com
Batero Gold has 82 employees and is headquartered in Canada.
Batero Gold Corp is engaged in the process of exploring and evaluating its exploration and evaluation assets. It focuses on the exploration and development of Batero-Quinchia Project.

Free Valuation

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Synopsys (SNPS:NAS) Fundamental Valuation Report

Fundamental Valuation Report

Synopsys(SNPS:NAS)

Technology:Software-Application

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$84.12 (USD) 19/12/2018

Weighted Valuation
$94.43 (USD)

Overall Rating
Undervalued by 12.3%

Valuation Models Analyst Consensus: $111.75 (USD)
(in order of importance) Discounted Cash Flow: $82.17 (USD)
Comparables: $66.99 (USD)
Valuation Methods This company is:
Cash Flow: Fairly valued on a Cash Flow Valuation
Comparable Company: Overvalued on a Comparable Valuation
Asset: Overvalued on an Asset Valuation

Company Overview (SNPS:NAS USD)

Price 84.12
Range 83.18 – 86.50
52 week 80.77 – 102.81
Open 85.36
Vol / Avg. 1.7M/1.5M
Mkt cap 12.58B
P/E 261.11
Div/yield 0.00/0.00
EPS 2.82
Shares 149.52M
Beta 1.28

Company Description

Synopsys Inc is a provider of electronic design automation software and intellectual property products to designers, engineers, and developers. The software enables designers to automate the integrated circuit design process and reduce errors, and verify that the design behaves as intended. Its intellectual property products include solutions for wired and wireless interfaces, logic libraries and embedded memories, and configurable processor cores. The firm derives revenue from the sale of software licenses, as well as from maintenance and professional fees. Roughly half of the firm’s revenue is generated in the United States, with the rest coming from Europe, Japan, and the Asia-Pacific region.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for SNPS:NAS

Using a discounted cash flow model we generated an intrinsic value of $82.17 (USD) for SNPS:NAS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

SNPS:NAS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $82.17 1% 5% 1% 5%
WACC (or Ke) 9.70 $97.08 $71.14
Terminal Growth Rate 3.00 $72.35 $95.44
Tax Rate -0.19 $85.94 $78.40
Cash Flow 875,945,248 $77.49 $86.86
Capital Expenditures -84,958,200 $81.81 $82.53
Long Term Debt 277,500,000 $82.27 $82.08

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $66.99 (USD) for SNPS:NAS. We also generated a valuation of $102.09 (USD) using other metrics and comparables.
The comparable companies were Akamai Technologies (AKAM:NAS), Ansys (ANSS:NAS), Aspen Technology (AZPN:NAS), Cadence Design Systems (CDNS:NAS) and National Instruments (NATI:NAS).

Company SNPS:NAS End Date Value
Earnings/Share $2.82 (USD)
Book Value/Share $21.16 (USD)
Sales/Share $19.68 (USD)
Cash Flow/Share $3.11 (USD)
EBITDA/Share $3.84 (USD)
Price Based on Comps Adjustment Factor (%)
$158.83 (USD) -52.1
$157.81 (USD) -62.6
$157.52 (USD) -20.6
$71.87 (USD) -69.6
$95.86 (USD) -44.0
SNPS:NAS Ratios Used Average Values AKAM:NAS ANSS:NAS AZPN:NAS CDNS:NAS NATI:NAS
241.95 PE Ratio 56.32 51.69 43.91 42.72 54.27 89.02
4.35 PB Ratio 7.46 3.55 5.31 12.91 10.11 5.42
4.67 PS Ratio 8.01 4.39 11.83 12.85 6.13 4.82
29.54 PCF Ratio 24.08 12.76 30.57 31.29 21.15 24.62
21.95 EV to EBITDA 24.99 15.30 27.70 31.35 25.61 25.01

Multiples

Using a multiples approach we generated a valuation of  $69.13 (USD) for SNPS:NAS

Company SNPS:NAS End Date Value
Earnings/Share $2.82 (USD)
Book Value/Share $21.16 (USD)
Sales/Share $19.68 (USD)
Cash Flow/Share $3.11 (USD)
EBITDA/Share $3.84 (USD)
Price Based on Comps Adjustment Factor
$96.15 (USD) 0
$59.73 (USD) 0
$78.25 (USD) 0
$50.46 (USD) 0
$61.04 (USD) 0
Ratios Ratio Average
PE Ratio 34.10
PB Ratio 2.82
PS Ratio 3.98
PCF Ratio 16.21
EV to EBITDA 15.91

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  SNPS:NAS for the last 10 years was  2.78

We ran the Adjusted Book Value for  SNPS:NAS and generated a book value of  $23.31 (USD)
By multiplying these we get an adjusted valuation of  $64.90 (USD)

Analyst Data

In the Stockcalc database there are 4 analysts that provide a valuation for SNPS:NAS. The 4 analysts have a concensus valuation for SNPS:NAS for 2019 of $111.75 (USD).

SNPS:NAS Synopsys

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
4 0 0 5.0000 Buy 2018-12-18

Current Price: 84.12 USD

Analyst Consensus
USD Millions 2019 2020
Mean EPS 4.24 4.89
# EPS Analysts 3 2
Mean Revenue 3,310.00 3,517.00
# Revenue Analysts 3 2
Mean Target Price 111.75
Mean Cash Flow 4.64
Mean EBITDA 687.20
Mean Net Income 590.90 393.80
Mean Debt Outstanding 12.90
Mean Tax Rate 18.50 18.00
Mean Growth Rate 10.00
Mean Capital Expenditure 270.00

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
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Deere (DE:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Deere(DE:NYS)

Industrials:Farm & Construction Machinery

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$146.08 (USD) 19/12/2018

Weighted Valuation
$158.99 (USD)

Overall Rating
Undervalued by 8.8%

Valuation Models Analyst Consensus: $183.25 (USD)
(in order of importance) Comparables: $129.65 (USD)
Adjusted Book Value: $144.90 (USD)
Valuation Methods This company is:
Cash Flow: Overvalued on a Cash Flow Valuation
Comparable Company: Overvalued on a Comparable Valuation
Asset: Fairly valued on an Asset Valuation

Company Overview (DE:NYS USD)

Price 146.08
Range 144.31 – 151.99
52 week 130.56 – 171.49
Open 149.27
Vol / Avg. 3.15M/2.81M
Mkt cap 46.54B
P/E 23.91
Div/yield 2.58/0.02
EPS 7.24
Shares 318.57M
Beta 1.00

Company Description

Deere & Co is the world’s leading manufacturer of agricultural equipment with approximately $35 billion in annual revenue. The company is divided into two reportable segments 1) agriculture and turf and 2) construction and forestry. Approximately 55% of Deere equipment is sold in North America and Canada. The principle products harvested by Deere equipment include grain, oilseeds, cotton, sugar, and biomass. In 2018, agriculture and turf made up approximately 70% of total revenue while construction and forestry generated 30%.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for DE:NYS

Using a discounted cash flow model we generated an intrinsic value of $5.19 (USD) for DE:NYS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

DE:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $5.19 1% 5% 1% 5%
WACC (or Ke) 6.12 $36.53 ($15.70)
Terminal Growth Rate 1.10 ($14.23) $34.26
Tax Rate 0.27 $19.58 ($9.20)
Cash Flow 5,932,244,700 ($7.92) $18.29
Capital Expenditures -1,532,460,000 $2.01 $8.37
Long Term Debt 37,219,400,000 $11.03 ($0.65)

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $129.65 (USD) for DE:NYS. We also generated a valuation of $156.62 (USD) using other metrics and comparables.
The comparable companies were and Caterpillar (CAT:NYS).

Company DE:NYS End Date Value
Earnings/Share $7.24 (USD)
Book Value/Share $32.51 (USD)
Sales/Share $107.88 (USD)
Cash Flow/Share $2.43 (USD)
EBITDA/Share $18.28 (USD)
Price Based on Comps Adjustment Factor (%)
$156.66 (USD) -44.6
$164.20 (USD) 84.9
$166.14 (USD) 12.0
($89.34) (USD) -94.7
$182.03 (USD) 31.9
DE:NYS Ratios Used Average Values CAT:NYS
24.24 PE Ratio 21.64 21.64
4.76 PB Ratio 5.05 5.05
1.44 PS Ratio 1.54 1.54
63.75 PCF Ratio 16.37 16.37
16.42 EV to EBITDA 9.96 9.96

Multiples

Using a multiples approach we generated a valuation of  $141.47 (USD) for DE:NYS

Company DE:NYS End Date Value
Earnings/Share $7.24 (USD)
Book Value/Share $32.51 (USD)
Sales/Share $107.88 (USD)
Cash Flow/Share $2.43 (USD)
EBITDA/Share $18.28 (USD)
Price Based on Comps Adjustment Factor
$137.96 (USD) 0
$131.53 (USD) 0
$122.63 (USD) 0
$25.19 (USD) 0
$290.02 (USD) 0
Ratios Ratio Average
PE Ratio 19.06
PB Ratio 4.05
PS Ratio 1.14
PCF Ratio 10.37
EV to EBITDA 15.86

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  DE:NYS for the last 10 years was  4.09

We ran the Adjusted Book Value for  DE:NYS and generated a book value of  $35.45 (USD)
By multiplying these we get an adjusted valuation of  $144.90 (USD)

Analyst Data

In the Stockcalc database there are 4 analysts that provide a valuation for DE:NYS. The 4 analysts have a concensus valuation for DE:NYS for 2019 of $183.25 (USD).

DE:NYS Deere

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
4 1 0 4.5000 Outperform 2018-12-18

Current Price: 146.08 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 11.46 12.65 13.56
# EPS Analysts 6 5 2
Mean Revenue 36,994.30 38,463.00 39,980.50
# Revenue Analysts 4 4 2
Mean Target Price 183.25
Mean Cash Flow 14.45 15.92 15.83
Mean EBITDA 5,654.80 5,983.70 5,867.70
Mean Net Income 3,684.40 3,969.50 4,177.60
Mean Debt Outstanding 23,302.80 24,230.00 49,811.70
Mean Tax Rate 25.80 25.80 25.80
Mean Growth Rate 12.56
Mean Capital Expenditure 979.90 1,078.70 1,110.90

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
To access all of the tools on Stockcalc, including more detailed valuation reports and the models used to generate these valuations, please subscribe for a free 30 day trial of Stockcalc here.


Navistar International (NAV:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Navistar International(NAV:NYS)

Industrials:Truck Manufacturing

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$25.67 (USD) 19/12/2018

Weighted Valuation
$40.18 (USD)

Overall Rating
Undervalued by 56.5%

Valuation Models Analyst Consensus: $42.67 (USD)
(in order of importance) Comparables: $36.45 (USD)
Valuation Methods This company is:
Cash Flow: Overvalued on a Cash Flow Valuation
Comparable Company: Undervalued on a Comparable Valuation
Asset: Overvalued on an Asset Valuation

Company Overview (NAV:NYS USD)

Price 25.67
Range 25.41 – 27.94
52 week 23.84 – 47.45
Open 27.65
Vol / Avg. 1.27M/792144
Mkt cap 2.54B
P/E 13.85
Div/yield 0.00/0.00
EPS 3.41
Shares 98.9M
Beta 2.32

Company Description

Navistar International Corp is one of the leading manufacturer of commercial trucks, buses, diesel engines, chassis, and military vehicles. In addition, the firm provides service parts for trucks and trailers while offering retail, wholesale, and lease financing for the majority of its dealerships.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for NAV:NYS

Using a discounted cash flow model we generated an intrinsic value of $18.63 (USD) for NAV:NYS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

NAV:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $18.63 1% 5% 1% 5%
WACC (or Ke) 9.76 $30.94 $9.51
Terminal Growth Rate 3.00 $10.31 $29.85
Tax Rate 0.12 $24.61 $12.66
Cash Flow 960,990,000 $12.88 $24.39
Capital Expenditures -127,600,000 $17.97 $19.30
Long Term Debt 5,065,000,000 $21.20 $16.07

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $36.45 (USD) for NAV:NYS. We also generated a valuation of $47.32 (USD) using other metrics and comparables.
The comparable companies were Hyster-Yale Materials (HY:NYS), Oshkosh (OSK:NYS) and Wabash National (WNC:NYS).

Company NAV:NYS End Date Value
Earnings/Share $3.41 (USD)
Book Value/Share ($43.89) (USD)
Sales/Share $95.43 (USD)
Cash Flow/Share $0.97 (USD)
EBITDA/Share $9.62 (USD)
Price Based on Comps Adjustment Factor (%)
$59.89 (USD) 45.5
$0.00 (USD) 0.0
$46.54 (USD) -63.6
($45.25) (USD) -0.7
$75.69 (USD) 54.8
NAV:NYS Ratios Used Average Values HY:NYS OSK:NYS WNC:NYS
10.68 PE Ratio 17.56 32.57 11.34 8.78
0.00 PB Ratio 1.93 1.94 2.04 1.81
0.34 PS Ratio 0.49 0.35 0.69 0.42
32.99 PCF Ratio 9.93 10.89 12.26 6.64
8.68 EV to EBITDA 7.87 9.40 6.99 7.22

Multiples

Using a multiples approach we generated a valuation of  $96.86 (USD) for NAV:NYS

Company NAV:NYS End Date Value
Earnings/Share $3.41 (USD)
Book Value/Share ($43.89) (USD)
Sales/Share $95.43 (USD)
Cash Flow/Share $0.97 (USD)
EBITDA/Share $9.62 (USD)
Price Based on Comps Adjustment Factor
$233.78 (USD) 0
$0.00 (USD) 0
$24.88 (USD) 0
$19.71 (USD) 0
$109.05 (USD) 0
Ratios Ratio Average
PE Ratio 68.56
PB Ratio 0.00
PS Ratio 0.26
PCF Ratio 20.30
EV to EBITDA 11.34

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  NAV:NYS for the last 0 years was  3.77

We ran the Adjusted Book Value for  NAV:NYS and generated a book value of  ($39.75) (USD)
By multiplying these we get an adjusted valuation of  ($149.77) (USD)

Analyst Data

In the Stockcalc database there are 3 analysts that provide a valuation for NAV:NYS. The 3 analysts have a concensus valuation for NAV:NYS for 2019 of $42.67 (USD).

NAV:NYS Navistar International

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
1 2 0 3.6667 Outperform 2018-12-18

Current Price: 25.67 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 3.42 2.85 4.00
# EPS Analysts 2 1 1
Mean Revenue 10,676.00 10,281.10 11,098.90
# Revenue Analysts 2 1 1
Mean Target Price 42.67
Mean Cash Flow 5.63 5.01 6.29
Mean EBITDA 926.50 823.20 933.00
Mean Net Income 341.80 284.00 399.00
Mean Debt Outstanding 3,985.90 3,283.70
Mean Tax Rate 25.00
Mean Growth Rate
Mean Capital Expenditure 236.00 232.60 241.60

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
To access all of the tools on Stockcalc, including more detailed valuation reports and the models used to generate these valuations, please subscribe for a free 30 day trial of Stockcalc here.


Keysight Technologies (KEYS:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Keysight Technologies(KEYS:NYS)

Technology:Scientific & Technical Instruments

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$60.07 (USD) 19/12/2018

Weighted Valuation
$67.47 (USD)

Overall Rating
Undervalued by 12.3%

Valuation Models Analyst Consensus: $77.50 (USD)
(in order of importance) Adjusted Book Value: $52.41 (USD)
Valuation Methods This company is:
Cash Flow: Fairly valued on a Cash Flow Valuation
Comparable Company: Undervalued on a Comparable Valuation
Asset: Overvalued on an Asset Valuation

Company Overview (KEYS:NYS USD)

Price 60.07
Range 59.41 – 61.92
52 week 41.54 – 66.50
Open 60.94
Vol / Avg. 2.15M/1.81M
Mkt cap 11.27B
P/E 52.12
Div/yield 0.00/0.00
EPS 0.86
Shares 187.64M
Beta 0.00

Company Description

Keysight Technologies Inc provides electronic design and test solutions to the communications and electronics industries. The firm operates in two segments: measurement solutions and customer support and services. The measurement solutions segment generates the vast majority of revenue and sells hardware and software products, including radio frequency, microwave, and digital solutions. The customer support and services segment provides repair and calibration services to customers who have purchased Keysight products and helps resell refurbished equipment. Over half of Keysight’s sales are generated in the United States, China, and Japan.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for KEYS:NYS

Using a discounted cash flow model we generated an intrinsic value of $58.25 (USD) for KEYS:NYS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

KEYS:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $58.25 1% 5% 1% 5%
WACC (or Ke) 9.07 $71.16 $49.00
Terminal Growth Rate 3.00 $49.96 $69.81
Tax Rate 0.27 $63.03 $53.47
Cash Flow 1,269,349,733 $54.58 $61.92
Capital Expenditures -87,600,000 $58.01 $58.49
Long Term Debt 1,100,000,000 $58.54 $57.96

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $44.28 (USD) for KEYS:NYS. We also generated a valuation of $86.10 (USD) using other metrics and comparables.
The comparable companies were FLIR Systems (FLIR:NAS), Fortive (FTV:NYS), MKS Instruments (MKSI:NAS), Teledyne Technologies (TDY:NYS) and Trimble (TRMB:NAS).

Company KEYS:NYS End Date Value
Earnings/Share $0.86 (USD)
Book Value/Share $14.00 (USD)
Sales/Share $19.50 (USD)
Cash Flow/Share $1.93 (USD)
EBITDA/Share ($0.09) (USD)
Price Based on Comps Adjustment Factor (%)
$28.97 (USD) -24.4
$48.25 (USD) 67.2
$60.01 (USD) -13.0
$24.65 (USD) -34.5
($1.48) (USD) -2.3
KEYS:NYS Ratios Used Average Values FLIR:NAS FTV:NYS MKSI:NAS TDY:NYS TRMB:NAS
49.85 PE Ratio 33.68 48.27 24.07 10.85 26.70 58.51
4.41 PB Ratio 3.45 3.27 4.36 2.34 3.66 3.61
3.17 PS Ratio 3.08 3.55 3.72 2.04 2.90 3.18
31.96 PCF Ratio 17.59 17.25 19.79 12.06 18.51 20.35
21.22 EV to EBITDA 15.75 16.18 17.84 6.59 16.85 21.27

Multiples

Using a multiples approach we generated a valuation of  $34.45 (USD) for KEYS:NYS

Company KEYS:NYS End Date Value
Earnings/Share $0.86 (USD)
Book Value/Share $14.00 (USD)
Sales/Share $19.50 (USD)
Cash Flow/Share $1.93 (USD)
EBITDA/Share ($0.09) (USD)
Price Based on Comps Adjustment Factor
$13.57 (USD) 0
$56.23 (USD) 0
$40.68 (USD) 0
$27.32 (USD) 0
$0.00 (USD) 0
Ratios Ratio Average
PE Ratio 15.77
PB Ratio 4.02
PS Ratio 2.09
PCF Ratio 14.13
EV to EBITDA 12.34

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  KEYS:NYS for the last 4 years was  4.02

We ran the Adjusted Book Value for  KEYS:NYS and generated a book value of  $13.04 (USD)
By multiplying these we get an adjusted valuation of  $52.41 (USD)

Analyst Data

In the Stockcalc database there are 2 analysts that provide a valuation for KEYS:NYS. The 2 analysts have a concensus valuation for KEYS:NYS for 2019 of $77.50 (USD).

KEYS:NYS Keysight Technologies

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
2 0 0 5.0000 Buy 2018-12-18

Current Price: 60.07 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 3.62 4.15 4.45
# EPS Analysts 2 2 1
Mean Revenue 4,206.40 4,758.70
# Revenue Analysts 2 1
Mean Target Price 77.50
Mean Cash Flow 3.88 4.52
Mean EBITDA 917.50 1,137.00
Mean Net Income 657.20 761.50
Mean Debt Outstanding 999.40 221.30
Mean Tax Rate
Mean Growth Rate
Mean Capital Expenditure 90.00 94.50

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
To access all of the tools on Stockcalc, including more detailed valuation reports and the models used to generate these valuations, please subscribe for a free 30 day trial of Stockcalc here.


Mastercard (MA:NYS) and McDonald’s (MCD:NYS) Downgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
MA Mastercard Inc 7 0 1 1 0 0 4.4444 4.5000 Outperform
MCD McDonald’s Corp 4 0 4 0 0 0 4.0000 4.2500 Outperform
PM Philip Morris International Inc 3 1 2 0 1 0 3.7143 4.0000 Outperform
TJX TJX Companies Inc 7 0 2 0 1 0 4.2000 4.2727 Outperform
EL The Estee Lauder Companies Inc 7 0 3 0 0 0 4.4000 4.4545 Outperform
ZBH Zimmer Biomet Holdings Inc 4 0 5 0 2 0 3.3636 3.6000 Hold
TPR Tapestry Inc 7 0 2 0 0 0 4.5556 4.6000 Buy
LB L Brands Inc 2 1 5 0 1 0 3.3333 3.5556 Hold
AEO American Eagle Outfitters Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform
CHS Chico’s FAS Inc 0 0 1 0 0 0 3.0000 4.0000 Hold
WFT Weatherford International PLC 6 0 1 0 0 0 4.7143 4.7500 Buy
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CAR.UN Canadian Apartment Properties Real Estate Investment Trust 0 2 6 0 0 0 3.2500 3.4000 Hold
TFII TFI International Inc 5 5 3 0 0 0 4.1538 4.3077 Outperform
ITP Intertape Polymer Group Inc 2 3 2 0 0 0 4.0000 4.1667 Outperform
PONY Painted Pony Energy Ltd 2 2 10 0 0 0 3.4286 3.5000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ADXS Advaxis Inc 0 0 1 0 0 0 3.0000 5.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

MA:NYS Mastercard

http://www.mastercard.com
Mastercard has 13400 employees and is headquartered in United States.
Mastercard Inc is a technology company that generates revenue by charging fees to its customers based on both the dollar volume of card activity and the number of transactions processed through the network.

MCD:NYS McDonald’s

http://www.aboutmcdonalds.com
McDonald’s has 235000 employees and is headquartered in United States.
McDonald’s Corp operates a chain of restaurants with approximately 37,200 restaurants in 120 countries. It also receives franchise royalties, and licensing pacts. The company offers a uniform value-priced menu with special additions based on regions.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Alphabet (GOOG:NAS) and Booking Holdings (BKNG:NAS) Are Undervalued

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

Undervalued Stocks on NASDAQ

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
AMZN Amazon.com Inc 2019 1551.480000 2189.5000 USD 10
GOOG Alphabet Inc 2019 1028.710000 1333.6360 USD 11
GOOGL Alphabet Inc 2019 1043.410000 1333.6360 USD 11
NFLX Netflix Inc 2019 270.940000 396.1000 USD 10
NVDA NVIDIA Corp 2020 146.940000 254.5000 USD 10
BKNG Booking Holdings Inc 2019 1769.420000 2213.0000 USD 5
BIIB Biogen Inc 2019 294.750000 368.2857 USD 7
ISRG Intuitive Surgical Inc 2019 482.360000 581.6667 USD 6
EQIX Equinix Inc 2019 370.970000 508.3333 USD 3
LRCX Lam Research Corp 2019 137.930000 214.7143 USD 7
ALGN Align Technology Inc 2019 209.500000 341.0000 USD 2
ULTA Ulta Beauty Inc 2020 240.910000 314.7500 USD 4
MELI MercadoLibre Inc 2019 310.830000 387.0000 USD 1
SIVB SVB Financial Group 2019 189.640000 308.3333 USD 3
ULTI The Ultimate Software Group Inc 2019 235.500000 326.6667 USD 3
SRPT Sarepta Therapeutics Inc 2019 108.020000 206.0000 USD 5
TLRY Tilray Inc 2019 76.500000 200.0000 USD 1
BLUE bluebird bio Inc 2019 103.430000 185.2500 USD 4
SAGE Sage Therapeutics Inc 2019 98.550000 217.0000 USD 3
LGND Ligand Pharmaceuticals Inc 2019 133.560000 238.0000 USD 2
STMP Stamps.com Inc 2019 151.500000 260.0000 USD 1
COHR Coherent Inc 2019 106.690000 214.6667 USD 3
ANAB AnaptysBio Inc 2019 62.210000 141.5000 USD 2
MDGL Madrigal Pharmaceuticals Inc 2019 105.130000 301.6667 USD 3
AMWD American Woodmark Corp 2019 57.960000 156.0000 USD 1

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

GOOG:NAS Alphabet

https://www.abc.xyz
Alphabet has 94372 employees and is headquartered in United States.
Alphabet Inc is a provider of internet content products and portals. Its suite of brands includes Search, Android, YouTube, Apps, Maps & Ads.

BKNG:NAS Booking Holdings

http://www.bookingholdings.com
Booking Holdings has 24000 employees and is headquartered in United States.
Booking Holdings Inc is an online travel agency. The firm through its branded sites offer booking services for hotel rooms, airline tickets, rental restaurant reservations, cruises, and other vacation packages.

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