McKesson (MCK:NYS) Fundamental Valuation Report

Fundamental Valuation Report

McKesson(MCK:NYS)

Healthcare:Medical Distribution

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

Close Price/Date
$122.04 (USD) 10/01/2019

Weighted Valuation
$117.84 (USD)

Overall Rating
Fairly valued to slightly Overvalued by 3.4%

Valuation Models Analyst Consensus: $129.00 (USD)
(in order of importance) Comparables: $94.32 (USD)
Multiples: $131.39 (USD)
Valuation Methods This company is:
Cash Flow: Undervalued on a Cash Flow Valuation
Comparable Company: Overvalued on a Comparable Valuation
Asset: Undervalued on an Asset Valuation

Company Overview (MCK:NYS USD)

Price 122.04
Range 117.45 – 122.59
52 week 108.23 – 176.72
Open 118.08
Vol / Avg. 2.16M/2.05M
Mkt cap 23.84B
P/E 187.92
Div/yield 1.30/0.01
EPS 0.32
Shares 195.38M
Beta 1.06

Company Description

McKesson is a major distributor of pharmaceuticals and medical products in the United States. The firm plays a critical role along the pharmaceutical supply chain as it is able to procure and distribute drugs more efficiently than its pharmacy clients and pharma manufacturing suppliers.

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 MCK:NYS

Using a discounted cash flow model we generated an intrinsic value of $333.33 (USD) for MCK:NYS

Sensitivity Analysis

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

MCK:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $333.33 1% 5% 1% 5%
WACC (or Ke) 7.57 $428.29 $270.19
Terminal Growth Rate 2.60 $276.25 $419.16
Tax Rate 0.22 $354.11 $312.54
Cash Flow 4,663,990,800 $316.10 $350.55
Capital Expenditures -389,400,000 $331.98 $334.68
Long Term Debt 8,107,000,000 $335.40 $331.25

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

Comparables Model

Using similar companies and price based ratios we generated a valuation of $94.32 (USD) for MCK:NYS. We also generated a valuation of $124.18 (USD) using other metrics and comparables.
The comparable companies were AmerisourceBergen (ABC:NYS), Cardinal Health (CAH:NYS) and Henry Schein (HSIC:NAS).

Company MCK:NYS End Date Value
Earnings/Share $0.65 (USD)
Book Value/Share $47.73 (USD)
Sales/Share $1,033.96 (USD)
Cash Flow/Share $16.29 (USD)
EBITDA/Share $7.22 (USD)
Price Based on Comps Adjustment Factor (%)
$12.51 (USD) -19.4
$185.36 (USD) 12.6
$386.22 (USD) -69.8
$168.00 (USD) -48.3
$72.05 (USD) -12.6
MCK:NYS Ratios Used Average Values ABC:NYS CAH:NYS HSIC:NAS
175.35 PE Ratio 19.25 9.88 18.66 29.19
2.31 PB Ratio 3.88 5.38 2.25 4.03
0.11 PS Ratio 0.37 0.10 0.10 0.92
6.78 PCF Ratio 12.68 11.61 7.13 19.30
19.94 EV to EBITDA 9.98 9.37 7.09 13.47

Multiples

Using a multiples approach we generated a valuation of  $131.39 (USD) for MCK:NYS

Company MCK:NYS End Date Value
Earnings/Share $0.65 (USD)
Book Value/Share $47.73 (USD)
Sales/Share $1,033.96 (USD)
Cash Flow/Share $16.29 (USD)
EBITDA/Share $7.22 (USD)
Price Based on Comps Adjustment Factor
$12.07 (USD) 0
$193.87 (USD) 0
$195.98 (USD) 0
$176.32 (USD) 0
$78.73 (USD) 0
Ratios Ratio Average
PE Ratio 18.57
PB Ratio 4.06
PS Ratio 0.19
PCF Ratio 10.82
EV to EBITDA 10.90

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  MCK:NYS for the last 10 years was  3.85

We ran the Adjusted Book Value for  MCK:NYS and generated a book value of  $46.17 (USD)
By multiplying these we get an adjusted valuation of  $177.97 (USD)

Analyst Data

In the Stockcalc database there are 2 analysts that provide a valuation for MCK:NYS. The 2 analysts have a concensus valuation for MCK:NYS for 2020 of $129.00 (USD).

MCK:NYS McKesson

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
1 2 1 3.0000 Hold 2019-1-9

Current Price: 122.04 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 13.53 14.12 14.75
# EPS Analysts 4 3 1
Mean Revenue 214,825.40 221,526.40 228,560.60
# Revenue Analysts 2 2 1
Mean Target Price 129.00
Mean Cash Flow 15.44 13.78 23.82
Mean EBITDA 4,076.70 4,285.30 4,545.80
Mean Net Income 2,700.40 2,785.60 2,815.00
Mean Debt Outstanding 5,223.30 5,223.30 5,223.30
Mean Tax Rate
Mean Growth Rate 7.64
Mean Capital Expenditure 578.50 590.00

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.
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.


BHP Group (BHP:NYS) and Equity Residential (EQR: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
BHP BHP Group Ltd 1 0 3 1 0 0 3.2000 3.6000 Hold
EQR Equity Residential 1 0 1 1 0 0 3.3333 3.6667 Hold
SQ Square Inc 6 0 1 1 0 0 4.3750 4.5000 Outperform
BSMX Banco Santander Mexico SA 0 0 1 0 0 0 3.0000 5.0000 Hold
CHK Chesapeake Energy Corp 0 0 2 0 3 0 1.8000 2.0000 Underperform
NFX Newfield Exploration Co 3 0 2 0 0 0 4.2000 4.6000 Outperform
AUY Yamana Gold Inc 5 3 7 0 0 0 3.8667 4.0000 Outperform
HK Halcon Resources Corp 1 0 2 0 0 0 3.6667 4.3333 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CSU Constellation Software Inc 1 2 4 0 0 0 3.5714 3.6250 Outperform
CCA Cogeco Communications Inc 4 2 3 0 0 0 4.1111 4.3333 Outperform
YRI Yamana Gold Inc 5 3 7 0 0 0 3.8667 4.0000 Outperform
SMU.UN Summit Industrial Income REIT 1 0 2 0 0 0 3.6667 4.0000 Outperform
GSY goeasy Ltd 3 2 0 0 0 0 4.6000 4.6667 Buy
TDG Trinidad Drilling Ltd 1 1 5 0 2 0 2.8889 3.0000 Hold
DHX DHX Media Ltd 0 1 6 0 3 0 2.5000 2.7000 Underperform
BNE Bonterra Energy Corp 2 3 8 0 1 0 3.3571 3.5000 Hold
SWY Stornoway Diamond Corp 0 0 3 0 0 0 3.0000 3.2500 Hold
PPR Prairie Provident Resources Inc 2 2 0 0 0 0 4.5000 4.6667 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HSIC Henry Schein Inc 2 0 3 1 0 0 3.5000 3.7143 Hold
SINA SINA Corp 2 1 0 0 0 0 4.6667 5.0000 Buy
TSRO Tesaro Inc 1 0 4 0 0 0 3.4000 3.6667 Hold
BLKB Blackbaud Inc 0 1 2 0 0 0 3.3333 3.6667 Hold
IMPV Imperva Inc 0 0 3 0 0 0 3.0000 3.5000 Hold
CRZO Carrizo Oil & Gas Inc 2 0 2 0 0 0 4.0000 4.5000 Outperform
SCWX SecureWorks Corp 0 0 2 0 1 0 2.3333 3.0000 Underperform
DHXM DHX Media Ltd 0 1 6 0 3 0 2.5000 2.7000 Underperform

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.

BHP:NYS BHP Group

https://www.bhp.com
BHP Group has 27161 employees and is headquartered in Australia.
BHP Billiton Ltd is a natural resources company. It is engaged in producing commodities, including iron ore, metallurgical and energy coal, conventional and unconventional oil and gas, copper, aluminium, manganese, uranium, nickel and silver.

EQR:NYS Equity Residential

http://www.eqr.com
Equity Residential has 2700 employees and is headquartered in United States.
Equity Residential is a real estate investment trust which is focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets in the US.

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.

AmerisourceBergen (ABC:NYS) Fundamental Valuation Report

Fundamental Valuation Report

AmerisourceBergen(ABC:NYS)

Healthcare:Medical Distribution

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

Close Price/Date
$87.43 (USD) 21/11/2018

Weighted Valuation
$96.00 (USD)

Overall Rating
Undervalued by 9.8%

Valuation Models Analyst Consensus: $96.00 (USD)
(in order of importance)
Valuation Methods This company is:
Cash Flow: Undervalued on a Cash Flow Valuation
Comparable Company: Undervalued on a Comparable Valuation
Asset: Undervalued on an Asset Valuation

Company Overview (ABC:NYS USD)

Price 87.43
Range 87.10 – 89.30
52 week 78.98 – 105.48
Open 88.52
Vol / Avg. 1.12M/1.61M
Mkt cap 18.53B
P/E 11.61
Div/yield 1.52/0.02
EPS 7.53
Shares 211.93M
Beta 0.97

Company Description

AmerisourceBergen is one of three major pharmaceutical distributors in the U.S., with highly efficient distribution assets. The firm’s activities include procurement, inventory management, reimbursement consulting, sales forecasts, and logistics services. The firm is also a wholesale leader within the high-growth specialty distribution niche.

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 ABC:NYS

Using a discounted cash flow model we generated an intrinsic value of $365.85 (USD) for ABC:NYS

Sensitivity Analysis

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

ABC:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $365.85 1% 5% 1% 5%
WACC (or Ke) 8.17 $458.58 $303.18
Terminal Growth Rate 3.00 $309.56 $449.15
Tax Rate -0.37 $377.18 $354.52
Cash Flow 2,715,400,067 $350.31 $381.39
Capital Expenditures 0 $365.85 $365.85
Long Term Debt 4,407,216,000 $366.89 $364.81

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

Comparables Model

Using similar companies and price based ratios we generated a valuation of $143.90 (USD) for ABC:NYS. We also generated a valuation of $86.29 (USD) using other metrics and comparables.
The comparable companies were Cardinal Health (CAH:NYS), Henry Schein (HSIC:NAS) and McKesson (MCK:NYS).

Company ABC:NYS End Date Value
Earnings/Share $7.53 (USD)
Book Value/Share $14.62 (USD)
Sales/Share $740.00 (USD)
Cash Flow/Share $9.61 (USD)
EBITDA/Share $8.52 (USD)
Price Based on Comps Adjustment Factor (%)
$348.03 (USD) 20.2
$46.02 (USD) 0.0
$303.15 (USD) -79.2
$93.99 (USD) -44.9
$122.50 (USD) 25.8
ABC:NYS Ratios Used Average Values CAH:NYS HSIC:NAS MCK:NYS
18.03 PE Ratio 96.82 62.47 29.97 198.03
6.02 PB Ratio 3.15 2.49 4.34 2.61
0.12 PS Ratio 0.41 0.12 0.99 0.12
9.16 PCF Ratio 11.82 5.76 22.04 7.66
13.20 EV to EBITDA 14.38 7.67 13.58 21.89

Multiples

Using a multiples approach we generated a valuation of  $135.37 (USD) for ABC:NYS

Company ABC:NYS End Date Value
Earnings/Share $7.53 (USD)
Book Value/Share $14.62 (USD)
Sales/Share $740.00 (USD)
Cash Flow/Share $9.61 (USD)
EBITDA/Share $8.52 (USD)
Price Based on Comps Adjustment Factor
$216.11 (USD) 0
$138.81 (USD) 0
$100.04 (USD) 0
$74.28 (USD) 0
$147.59 (USD) 0
Ratios Ratio Average
PE Ratio 28.70
PB Ratio 9.50
PS Ratio 0.14
PCF Ratio 7.73
EV to EBITDA 17.32

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  ABC:NYS for the last 10 years was  9.41

We ran the Adjusted Book Value for  ABC:NYS and generated a book value of  $13.76 (USD)
By multiplying these we get an adjusted valuation of  $129.50 (USD)

Analyst Data

In the Stockcalc database there are 3 analysts that provide a valuation for ABC:NYS. The 3 analysts have a concensus valuation for ABC:NYS for 2019 of $96.00 (USD).

ABC:NYS AmerisourceBergen

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
3 1 0 4.4000 Outperform 2018-11-20

Current Price: 87.43 USD

Analyst Consensus
USD Millions 2019 2020
Mean EPS 7.01 7.49
# EPS Analysts 3 2
Mean Revenue 178,314.30 188,754.80
# Revenue Analysts 2 1
Mean Target Price 96.00
Mean Cash Flow 11.61 11.78
Mean EBITDA 2,448.10 2,513.70
Mean Net Income 1,508.80 1,606.50
Mean Debt Outstanding
Mean Tax Rate
Mean Growth Rate 8.68
Mean Capital Expenditure 462.70 459.00

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.
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.


Cardinal Health (CAH:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Cardinal Health(CAH:NYS)

Healthcare:Medical Distribution

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

Close Price/Date
$53.65 (USD) 07/11/2018

Weighted Valuation
$59.67 (USD)

Overall Rating
Undervalued by 11.2%

Valuation Models Analyst Consensus: $59.67 (USD)
(in order of importance)
Valuation Methods This company is:
Cash Flow: Undervalued on a Cash Flow Valuation
Comparable Company: Undervalued on a Comparable Valuation
Asset: Undervalued on an Asset Valuation

Company Overview (CAH:NYS USD)

Price 53.65
Range 52.59 – 53.70
52 week 48.40 – 75.23
Open 52.80
Vol / Avg. 2.9M/3.78M
Mkt cap 16.09B
P/E 66.23
Div/yield 1.86/0.04
EPS 0.81
Shares 299.86M
Beta 0.95

Company Description

Cardinal Health is a major distributor of pharmaceuticals and medical supplies to pharmacies and hospitals. It is also a major logistical partner for many branded manufacturers, providing market forecasting, product production, inventory efficiency, and distribution services to these players. Its largest retail pharmacy customer is CVS Health retail pharmacy operations.

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 CAH:NYS

Using a discounted cash flow model we generated an intrinsic value of $191.45 (USD) for CAH:NYS

Sensitivity Analysis

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

CAH:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $191.45 1% 5% 1% 5%
WACC (or Ke) 6.16 $244.61 $156.13
Terminal Growth Rate 1.20 $159.41 $239.68
Tax Rate 0.02 $201.44 $181.53
Cash Flow 3,203,722,175 $181.33 $201.58
Capital Expenditures -170,800,000 $190.98 $191.92
Long Term Debt 5,532,000,000 $192.38 $190.53

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

Comparables Model

Using similar companies and price based ratios we generated a valuation of $70.42 (USD) for CAH:NYS. We also generated a valuation of $97.20 (USD) using other metrics and comparables.
The comparable companies were AmerisourceBergen (ABC:NYS), Henry Schein (HSIC:NAS) and McKesson (MCK:NYS).

Company CAH:NYS End Date Value
Earnings/Share $0.81 (USD)
Book Value/Share $20.21 (USD)
Sales/Share $434.31 (USD)
Cash Flow/Share $8.79 (USD)
EBITDA/Share $9.24 (USD)
Price Based on Comps Adjustment Factor (%)
$66.43 (USD) -10.2
$88.25 (USD) -0.5
$178.27 (USD) -72.3
$85.19 (USD) -50.4
$150.61 (USD) -19.0
CAH:NYS Ratios Used Average Values ABC:NYS HSIC:NAS MCK:NYS
62.47 PE Ratio 82.01 18.03 29.97 198.03
2.50 PB Ratio 4.37 6.15 4.34 2.61
0.12 PS Ratio 0.41 0.12 0.99 0.12
5.76 PCF Ratio 12.95 9.16 22.04 7.66
7.71 EV to EBITDA 16.30 13.45 13.58 21.89

Multiples

Using a multiples approach we generated a valuation of  $73.33 (USD) for CAH:NYS

Company CAH:NYS End Date Value
Earnings/Share $0.81 (USD)
Book Value/Share $20.21 (USD)
Sales/Share $434.31 (USD)
Cash Flow/Share $8.79 (USD)
EBITDA/Share $9.24 (USD)
Price Based on Comps Adjustment Factor
$16.32 (USD) 0
$76.75 (USD) 0
$92.52 (USD) 0
$89.10 (USD) 0
$91.97 (USD) 0
Ratios Ratio Average
PE Ratio 20.15
PB Ratio 3.80
PS Ratio 0.21
PCF Ratio 10.14
EV to EBITDA 9.96

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  CAH:NYS for the last 10 years was  3.73

We ran the Adjusted Book Value for  CAH:NYS and generated a book value of  $19.61 (USD)
By multiplying these we get an adjusted valuation of  $73.14 (USD)

Analyst Data

In the Stockcalc database there are 3 analysts that provide a valuation for CAH:NYS. The 3 analysts have a concensus valuation for CAH:NYS for 2019 of $59.67 (USD).

CAH:NYS Cardinal Health

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
3 2 0 4.2000 Outperform 2018-11-6

Current Price: 53.65 USD

Analyst Consensus
USD Millions 2019 2020
Mean EPS 4.89 5.38
# EPS Analysts 4 3
Mean Revenue 140,572.30 145,159.80
# Revenue Analysts 2 2
Mean Target Price 59.67
Mean Cash Flow 6.21 8.17
Mean EBITDA 2,951.40 3,018.50
Mean Net Income 1,467.10 1,625.80
Mean Debt Outstanding 4,026.00 4,026.00
Mean Tax Rate
Mean Growth Rate 59.29
Mean Capital Expenditure 538.10 577.90

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.


BHP Billiton (BHP:NYS) and Gilead Sciences (GILD:NAS) Upgraded

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.

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
BHP BHP Billiton Ltd 1 0 1 1 0 0 3.3333 3.2500 Hold
ECA Encana Corp 11 2 5 1 0 0 4.2105 4.1053 Outperform
PII Polaris Industries Inc 1 0 5 0 2 0 2.7500 2.7143 Hold
TRQ Turquoise Hill Resources Ltd 3 1 3 0 0 0 4.0000 3.8333 Outperform
TAHO Tahoe Resources Inc 4 1 6 0 0 0 3.8182 3.6364 Outperform
HSC Harsco Corp 1 0 0 0 0 0 5.0000 3.0000 Buy
APRN Blue Apron Holdings Inc 2 0 1 0 1 0 3.5000 3.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ECA Encana Corp 11 2 5 1 0 0 4.2105 4.1053 Outperform
TRQ Turquoise Hill Resources Ltd 3 1 3 0 0 0 4.0000 3.8333 Outperform
LUN Lundin Mining Corp 9 3 1 0 0 0 4.6154 4.5833 Buy
EMP.A Empire Co Ltd 3 1 3 0 0 0 4.0000 3.4286 Outperform
CG Centerra Gold Inc 2 2 5 0 0 0 3.6667 3.4444 Outperform
THO Tahoe Resources Inc 4 1 6 0 0 0 3.8182 3.6364 Outperform
SUM Solium Capital Inc 3 2 2 0 0 0 4.1429 4.0000 Outperform
CS Capstone Mining Corp 5 3 3 0 0 0 4.1818 4.1000 Outperform
ER Eastmain Resources Inc 1 4 0 0 0 0 4.2000 4.0000 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
EMAN eMagin Corp 2 0 1 0 0 0 4.3333 4.0000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GILD Gilead Sciences Inc 4 1 2 0 0 0 4.2857 4.1667 Outperform
AABA Altaba Inc 2 0 2 0 0 0 4.0000 3.8000 Outperform
VRTX Vertex Pharmaceuticals Inc 4 0 3 0 0 0 4.1429 4.0000 Outperform
HSIC Henry Schein Inc 4 0 1 0 0 0 4.6000 4.3333 Buy
KITE Kite Pharma Inc 1 0 2 1 0 0 3.2500 2.8000 Hold
EXEL Exelixis Inc 1 0 2 1 0 0 3.2500 2.6667 Hold
SSNC SS&C Technologies Holdings Inc 4 0 1 0 0 0 4.6000 4.5000 Buy
DISCK Discovery Communications Inc 2 1 4 0 1 0 3.3750 3.1111 Hold
DISCB Discovery Communications Inc 2 1 4 0 1 0 3.3750 3.1111 Hold
DISCA Discovery Communications Inc 2 1 4 0 1 0 3.3750 3.1111 Hold
SGEN Seattle Genetics Inc 2 0 3 0 0 0 3.8000 3.5000 Outperform
GLPG Galapagos NV 0 0 1 0 0 0 3.0000 0.0000 Hold
FSLR First Solar Inc 3 0 4 0 0 0 3.8571 3.5714 Outperform
JUNO Juno Therapeutics Inc 1 0 0 0 0 0 5.0000 4.0000 Buy
PDCO Patterson Companies Inc 2 1 1 0 1 0 3.6000 3.5000 Outperform
ICPT Intercept Pharmaceuticals Inc 4 1 0 0 1 0 4.1667 4.0000 Outperform
SAGE Sage Therapeutics Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform
MNRO Monro Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform
DVAX Dynavax Technologies Corp 2 0 0 0 0 0 5.0000 3.0000 Buy
WEB Web.com Group Inc 2 1 1 0 0 0 4.2500 4.0000 Outperform
IMGN Immunogen Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform
ALDR Alder BioPharmaceuticals Inc 2 0 0 0 1 0 3.6667 3.0000 Outperform
RARX Ra Pharmaceuticals Inc 1 0 0 0 0 0 5.0000 0.0000 Buy
IMDZ Immune Design Corp 1 0 0 0 0 0 5.0000 0.0000 Buy
ESDI Eastside Distilling Inc 1 0 0 0 0 0 5.0000 0.0000 Buy

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.

BHP:NYS BHP Billiton

http://www.bhpbilliton.com
BHP Billiton has 65000 employees and is headquartered in Australia.
BHP Billiton Ltd is a natural resources company. It is engaged in producing commodities, including iron ore, metallurgical and energy coal, conventional and unconventional oil and gas, copper, aluminium, manganese, uranium, nickel and silver.

GILD:NAS Gilead Sciences

http://www.gilead.com
Gilead Sciences has 9000 employees and is headquartered in United States.
Gilead Sciences Inc is a biopharmaceutical company that discovers, develops and commercializes new medicines in areas of unmet medical need. Its products target a number of areas, such as HIV, liver diseases, cardiovascular and other diseases.

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.

Raytheon (RTN:NYS) and Canadian Pacific Railway (CP:TSE) Upgraded

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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.

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
RTN Raytheon Co 4 0 2 0 0 0 4.3333 4.2000 Outperform
CP Canadian Pacific Railway Ltd 11 5 2 0 0 0 4.5000 4.4444 Outperform
IP International Paper Co 3 0 1 1 0 0 4.0000 3.6000 Outperform
FE FirstEnergy Corp 1 0 5 0 0 0 3.3333 3.0000 Hold
IPG The Interpublic Group of Companies Inc 5 1 1 0 0 0 4.5714 4.2857 Buy
PE Parsley Energy Inc 5 0 0 0 0 0 5.0000 4.6000 Buy
ANDX Andeavor Logistics LP 2 1 0 0 0 0 4.6667 4.3333 Buy
PVG Pretium Resources Inc 6 3 2 0 0 0 4.3636 4.3000 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CP Canadian Pacific Railway Ltd 11 5 2 0 0 0 4.5000 4.4444 Outperform
PVG Pretium Resources Inc 6 3 2 0 0 0 4.3636 4.3000 Outperform
CHE.UN Chemtrade Logistics Income Fund 4 2 1 0 0 0 4.4286 4.1429 Outperform
PSI Pason Systems Inc 2 1 1 0 1 0 3.6000 3.4000 Outperform
FSZ Fiera Capital Corp 5 1 0 0 0 0 4.8333 4.5000 Buy
RSI Rogers Sugar Inc 2 1 1 0 0 0 4.2500 3.7500 Outperform
ACQ AutoCanada Inc 1 1 4 0 0 0 3.5000 3.1667 Hold
DIR.UN Dream Industrial Real Estate Investment Trust 3 1 3 0 0 0 4.0000 3.8571 Outperform
TGL TransGlobe Energy Corp 0 1 3 0 0 0 3.2500 3.2000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
INP Input Capital Corp 2 0 0 0 0 0 5.0000 4.7500 Buy
NTS Nanotech Security Corp 2 1 0 0 0 0 4.6667 4.3333 Buy
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HSIC Henry Schein Inc 4 0 3 0 0 0 4.1429 4.0000 Outperform
SSYS Stratasys Ltd 1 0 3 0 0 0 3.5000 3.2500 Hold
MBCN Middlefield Banc Corp 1 0 0 0 0 0 5.0000 0.0000 Buy
TGA TransGlobe Energy Corp 0 1 3 0 0 0 3.2500 3.2000 Hold
ATEC Alphatec Holdings Inc 1 0 0 0 0 0 5.0000 3.0000 Buy
UNXL Uni-Pixel Inc 1 0 0 0 0 0 5.0000 4.0000 Buy

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.

RTN:NYS Raytheon

http://www.raytheon.com
Raytheon has 63000 employees and is headquartered in United States.
Raytheon Co offers contractual services to the US defense sector. It operates through five segments: Integrated Defense Systems, Intelligence and Information, Missile Systems, Space and Airborne Systems, and a Cybersecurity business branded Forcepoint.

CP:TSE Canadian Pacific Railway

http://www.cpr.ca
Canadian Pacific Railway has 12184 employees and is headquartered in Canada.
Canadian Pacific Railway Ltd is engaged in rail transportation. It provides freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States.

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.

Capital One Financial (COF:NYS) and Air Products & Chemicals (APD:NYS) Downgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

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
COF Capital One Financial Corp 4 1 2 0 2 0 3.5556 3.8750 Outperform
APD Air Products & Chemicals Inc 4 0 4 0 0 0 4.0000 4.1429 Outperform
MRO Marathon Oil Corp 2 0 5 0 0 0 3.5714 3.8571 Outperform
UNM Unum Group 0 0 2 0 1 0 2.3333 2.5000 Underperform
BIP Brookfield Infrastructure Partners LP 3 3 1 0 0 0 4.2857 5.0000 Outperform
AJG Arthur J. Gallagher & Co 1 0 1 0 0 0 4.0000 4.3333 Outperform
SQM Sociedad Quimica Y Minera De Chile SA 0 0 2 0 0 0 3.0000 4.0000 Hold
WRB WR Berkley Corp 0 0 3 1 1 0 2.4000 2.5000 Underperform
BPY Brookfield Property Partners LP 3 2 0 0 0 0 4.6000 5.0000 Buy
GWRE Guidewire Software Inc 2 0 1 0 0 0 4.3333 4.6667 Outperform
FHN First Horizon National Corp 0 0 3 0 0 0 3.0000 3.5000 Hold
NCS NCI Building Systems Inc 2 0 2 0 0 0 4.0000 4.3333 Outperform
RFP Resolute Forest Products Inc 0 0 2 0 3 0 1.8000 3.0000 Underperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BIP.UN Brookfield Infrastructure Partners LP 3 3 1 0 0 0 4.2857 5.0000 Outperform
CU.X Canadian Utilities Ltd 1 0 5 0 0 0 3.3333 3.5000 Hold
CU Canadian Utilities Ltd 1 0 5 0 0 0 3.3333 3.5000 Hold
BPY.UN Brookfield Property Partners LP 3 2 0 0 0 0 4.6000 5.0000 Buy
GEI Gibson Energy Inc 3 1 8 0 0 0 3.5833 3.6154 Outperform
CPX Capital Power Corp 1 1 1 0 1 0 3.2500 3.2857 Hold
TCL.B Transcontinental Inc 2 0 5 0 0 0 3.5714 3.7143 Outperform
TCL.A Transcontinental Inc 2 0 5 0 0 0 3.5714 3.7143 Outperform
NWC The North West Co Inc 1 0 4 0 0 0 3.4000 3.6000 Hold
BLX Boralex Inc 5 3 0 0 0 0 4.6250 4.7500 Buy
RFP Resolute Forest Products Inc 0 0 2 0 3 0 1.8000 3.0000 Underperform
ORL Orocobre Ltd 3 1 0 0 0 0 4.7500 5.0000 Buy
PRU Perseus Mining Ltd 2 1 1 0 0 0 4.2500 5.0000 Outperform
DNA Dalradian Resources Inc 2 3 0 0 0 0 4.4000 4.5000 Outperform
PMTS CPI Card Group Inc 1 0 1 0 1 0 3.0000 5.0000 Hold
YGR Yangarra Resources Ltd 3 4 0 0 0 0 4.4286 4.5000 Outperform
BDI Black Diamond Group Ltd 4 2 1 0 2 0 3.6667 3.8889 Outperform
NAL Newalta Corp 1 1 2 0 0 0 3.7500 4.0000 Outperform
MM Mood Media Corp 0 0 0 0 1 0 1.0000 4.0000 Sell
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HSIC Henry Schein Inc 3 0 3 1 0 0 3.7143 3.8571 Outperform
AMD Advanced Micro Devices Inc 1 0 4 0 2 0 2.7143 2.8571 Hold
VRSN VeriSign Inc 0 0 0 1 0 0 2.0000 3.0000 Underperform
HAWK Blackhawk Network Holdings Inc 4 0 1 0 0 0 4.6000 5.0000 Buy
PMTS CPI Card Group Inc 1 0 1 0 1 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.

COF:NYS Capital One Financial

http://www.capitalone.com
Capital One Financial has 47300 employees and is headquartered in United States.
Capital One Financial Corp is a financial services holding company. The Company with its banking and non-banking subsidiaries markets financial products and services.

APD:NYS Air Products & Chemicals

http://www.airproducts.com
Air Products & Chemicals has 18600 employees and is headquartered in United States.
Air Products & Chemicals Inc is a supplier of hydrogen and helium. It also provides semiconductor materials, refinery hydrogen, natural gas liquefaction and coatings and adhesives.

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.

Nokia (NOK:NYS) and Sun Life Financial (SLF:TSE) Downgraded

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
NOK Nokia Oyj 2 0 2 1 0 0 3.6000 3.8000 Outperform
TGT Target Corp 1 0 5 0 0 0 3.3333 3.4000 Hold
SLF Sun Life Financial Inc 4 0 6 1 0 0 3.6364 3.7500 Outperform
CSLT Castlight Health Inc 0 0 2 0 0 0 3.0000 3.6667 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SLF Sun Life Financial Inc 4 0 6 1 0 0 3.6364 3.7500 Outperform
IVN Ivanhoe Mines Ltd 3 3 0 0 0 0 4.5000 4.6000 Outperform
HCG Home Capital Group Inc 0 1 5 0 2 0 2.6250 2.7500 Hold
TGZ Teranga Gold Corp 1 1 4 0 0 0 3.5000 3.5714 Hold
SVY Savanna Energy Services Corp 2 1 2 0 1 0 3.5000 3.7143 Hold
BDI Black Diamond Group Ltd 0 1 2 0 1 0 2.7500 3.0000 Hold
EGL Eagle Energy Inc 0 0 1 0 0 0 3.0000 4.0000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BBI Blackbird Energy Inc 1 1 0 0 0 0 4.5000 5.0000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HSIC Henry Schein Inc 3 0 4 0 0 0 3.8571 4.0000 Outperform
PDCO Patterson Companies Inc 2 0 4 0 0 0 3.6667 3.8000 Outperform
SCWX SecureWorks Corp 1 0 1 0 0 0 4.0000 5.0000 Outperform
BNFT Benefitfocus Inc 2 0 1 0 0 0 4.3333 4.5000 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.

NOK:NYS Nokia

http://www.nokia.com
Nokia has 55718 employees and is headquartered in Finland.
Nokia Oyj is a mobile communications company. Its main businesses (Nokia Networks & Nokia Technologies) following the Sale of the HERE Business. Its reportable segments are: Mobile Broadband & Global Services and Nokia Technologies.

SLF:TSE Sun Life Financial

http://www.sunlife.com
Sun Life Financial has 20980 employees and is headquartered in Canada.
Sun Life Financial Inc provides diversified financial services. It offers savings, life and health insurance, and retirement and pension products to individuals and groups through its operations in Canada, United States, United Kingdom and Asia.

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.

The Toronto-Dominion Bank (TD:TSE) and American International Gr (AIG:NYS) Downgraded

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
TD The Toronto-Dominion Bank 4 1 7 0 0 0 3.7500 4.0000 Outperform
AIG American International Group Inc 4 1 1 0 1 0 4.0000 4.2857 Outperform
COF Capital One Financial Corp 4 0 3 0 2 0 3.4444 3.6667 Hold
VET Vermilion Energy Inc 6 1 3 0 0 0 4.3000 4.4444 Outperform
FIG Fortress Investment Group LLC 0 0 1 0 0 0 3.0000 4.0000 Hold
SSNI Silver Spring Networks Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
HZN Horizon Global Corp 2 0 1 0 0 0 4.3333 5.0000 Outperform
PPP Primero Mining Corp 3 0 7 0 1 0 3.3636 3.4167 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TD The Toronto-Dominion Bank 4 1 7 0 0 0 3.7500 4.0000 Outperform
VET Vermilion Energy Inc 6 1 3 0 0 0 4.3000 4.4444 Outperform
EFN Element Fleet Management Corp 4 2 4 0 0 0 4.0000 4.1000 Outperform
DH DH Corp 0 1 4 0 2 0 2.5714 3.4286 Hold
NGD New Gold Inc 2 1 8 0 1 0 3.2500 3.3000 Hold
WEED Canopy Growth Corp 3 1 1 0 0 0 4.4000 4.7500 Outperform
SOT.UN Slate Office REIT 2 0 1 0 0 0 4.3333 4.5000 Outperform
NBZ Northern Blizzard Resources Inc 1 0 4 0 1 0 3.0000 3.3333 Hold
CERV Cervus Equipment Corp 1 2 3 0 0 0 3.6667 4.0000 Outperform
BDI Black Diamond Group Ltd 0 2 2 0 1 0 3.0000 3.3333 Hold
P Primero Mining Corp 3 0 7 0 1 0 3.3636 3.4167 Hold
CMMC Copper Mountain Mining Corp 0 2 2 0 1 0 3.0000 3.8000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
APH Aphria Inc 1 2 1 0 0 0 4.0000 4.3333 Outperform
OGI OrganiGram Holdings Inc 1 2 1 0 0 0 4.0000 4.2500 Outperform
WZR WesternZagros Resources Ltd 0 0 1 0 0 0 3.0000 3.5000 Hold
EMC Emblem Corp 1 2 0 0 0 0 4.3333 4.5000 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NGD New Gold Inc 2 1 8 0 1 0 3.2500 3.3000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
QCOM Qualcomm Inc 2 0 6 0 0 0 3.5000 3.6250 Hold
HSIC Henry Schein Inc 3 0 3 0 0 0 4.0000 4.2000 Outperform
PDCO Patterson Companies Inc 2 0 3 0 0 0 3.8000 4.0000 Outperform
PNK Pinnacle Entertainment Inc 0 0 1 0 0 0 3.0000 4.0000 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.

TD:TSE The Toronto-Dominion Bank

http://www.td.com
The Toronto-Dominion Bank has 81233 employees and is headquartered in Canada.
The Toronto-Dominion Bank and its subsidiaries provide financial products & services. Its segments are Canadian Retail, U.S. Retail,a nd Wholesale Banking. It offers asset management, insurance, personal banking and commercial banking services.

AIG:NYS American International Gr

http://www.aig.com
American International Gr has 56400 employees and is headquartered in United States.
American International Group Inc is an insurance organization. The company through its subsidiaries provides property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services in the United States & abroad.

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.