Workday (WDAY:NAS) and Great-West Lifeco (GWO: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
RJF Raymond James Financial Inc 2 1 2 0 0 0 4.0000 3.7500 Outperform
BEP Brookfield Renewable Partners LP 2 0 7 0 1 0 3.2000 3.1818 Hold
FTCH Farfetch Ltd 3 0 0 1 0 0 4.2500 4.0000 Outperform
IGT International Game Technology PLC 3 0 1 0 0 0 4.5000 4.3333 Outperform
CCO Clear Channel Outdoor Holdings Inc 1 0 0 0 0 0 5.0000 3.0000 Buy
HBM Hudbay Minerals Inc 4 5 6 0 0 0 3.8667 3.7333 Outperform
HTZ Hertz Global Holdings Inc 1 0 0 0 0 0 5.0000 3.0000 Buy
TLYS Tilly’s Inc 2 0 0 0 0 0 5.0000 4.0000 Buy
APRN Blue Apron Holdings Inc 1 0 2 0 0 0 3.6667 3.4000 Outperform
HZN Horizon Global Corp 1 0 0 0 0 0 5.0000 4.0000 Buy
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GWO Great-West Lifeco Inc 1 0 7 0 0 0 3.2500 3.2222 Hold
PWF Power Financial Corp 1 1 2 0 0 0 3.7500 3.6667 Outperform
BEP.UN Brookfield Renewable Partners LP 2 0 7 0 1 0 3.2000 3.1818 Hold
POW Power Corporation of Canada 1 1 2 0 0 0 3.7500 3.6667 Outperform
WFT West Fraser Timber Co.Ltd 3 1 2 0 0 0 4.1667 3.8333 Outperform
OGC OceanaGold Corp 3 5 3 0 2 0 3.5385 3.4615 Outperform
BYD.UN Boyd Group Income Fund 5 6 1 0 0 0 4.3333 4.2727 Outperform
HBM Hudbay Minerals Inc 4 5 6 0 0 0 3.8667 3.7333 Outperform
CFP Canfor Corp 3 3 2 0 0 0 4.1250 3.8750 Outperform
IFP Interfor Corp 4 2 0 0 0 0 4.6667 4.3333 Buy
AFN Ag Growth International Inc 3 4 0 0 0 0 4.4286 4.3333 Outperform
MAL Magellan Aerospace Corp 2 0 0 0 0 0 5.0000 4.6667 Buy
III Imperial Metals Corp 1 0 3 0 1 0 3.0000 2.6000 Hold
AKT.B Akita Drilling Ltd 1 0 1 0 0 0 4.0000 3.0000 Outperform
AKT.A Akita Drilling Ltd 1 0 1 0 0 0 4.0000 3.0000 Outperform
PHO Photon Control Inc 1 1 0 0 0 0 4.5000 4.3333 Outperform
TOS TSO3 Inc 1 1 1 0 0 0 4.0000 3.7500 Outperform
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TVL Traverse Energy Ltd 0 0 2 0 0 0 3.0000 2.0000 Hold
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SDPI Superior Drilling Products Inc 1 0 0 0 0 0 5.0000 3.0000 Buy
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
WDAY Workday Inc 5 1 1 1 2 0 3.6000 3.5556 Outperform
TRHC Tabula Rasa HealthCare Inc 4 0 0 0 0 0 5.0000 4.7500 Buy
UROV Urovant Sciences Ltd 1 0 0 0 0 0 5.0000 0.0000 Buy
PCOM Points International Ltd 1 1 0 0 0 0 4.5000 4.0000 Outperform
IPIC IPic Entertainment Inc 1 0 0 0 0 0 5.0000 3.0000 Buy
CODX Co-Diagnostics 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.

WDAY:NAS Workday

http://www.workday.com
Workday has 10200 employees and is headquartered in United States.
Workday Inc is a SaaS provider offering enterprise resource planning, or ERP, software for medium and large enterprises. The company’s product portfolio is built around human capital and financial management software.

GWO:TSE Great-West Lifeco

http://www.greatwestlifeco.com
Great-West Lifeco has 24200 employees and is headquartered in Canada.
Great-West Lifeco Inc is a life insurance company that also offers health insurance, retirement and investment services, asset management and reinsurance businesses. It operates in Canada, U.S. and Europe.

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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.

Nutrien (NTR:TSE) and Power Corp of Canada (POW: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
NTR Nutrien Ltd 6 2 5 0 0 0 4.0769 4.0714 Outperform
WST West Pharmaceutical Services Inc 0 0 1 0 1 0 2.0000 1.0000 Underperform
NYT New York Times Co 0 0 1 0 0 0 3.0000 2.0000 Hold
HCC Warrior Met Coal Inc 1 0 2 0 0 0 3.6667 3.0000 Outperform
BANC Banc of California Inc 1 0 1 0 0 0 4.0000 3.0000 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NTR Nutrien Ltd 6 2 5 0 0 0 4.0769 4.0714 Outperform
POW Power Corporation of Canada 1 1 4 0 0 0 3.5000 3.3333 Hold
ARE Aecon Group Inc 4 2 3 0 1 0 3.8000 3.7000 Outperform
U Uranium Participation Corp 0 2 2 0 0 0 3.5000 3.3333 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
KBLT Cobalt 27 Capital Corp 5 2 0 0 1 0 4.2500 4.2222 Outperform
ALEF Aleafia Health Inc 1 0 0 0 0 0 5.0000 0.0000 Buy
XX Avante Logixx Inc 2 1 0 0 0 0 4.6667 4.5000 Buy
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AIRI Air Industries Group 1 0 0 0 0 0 5.0000 4.5000 Buy
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
MU Micron Technology Inc 7 0 2 1 1 0 4.0000 3.8182 Outperform
INNT Innovate Biopharmaceuticals 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.

NTR:TSE Nutrien

https://www.nutrien.com
Nutrien has 5104 employees and is headquartered in Canada.
Nutrien Ltd is a provider of crop nutrients, inputs and services. The company produces and sells potash, nitrogen and phosphate products for agricultural, industrial and feed customers. The company’s main focus is of potash sales.

POW:TSE Power Corp of Canada

http://www.powercorporation.com
Power Corp of Canada has 30484 employees and is headquartered in Canada.
Power Corporation of Canada is a holding company with interests in financial services, communications, and other business sectors. It operates through its subsidiaries and has a business presence worldwide.

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.

Fundamentally Undervalued using Stockcalc’s 6 Models

The following table contains TSE and TSX listed Stocks that are fundamentally undervalued using the 6 valuation models or data points found on the Stockcalc website as of September 11, 2017 (Models are explained at bottom of this post)

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Undervalued List

If you want to stay on top of this list as it changes please have a look at https://www.stockcalc.com/Undervalued .

List of Undervalued Stocks on the TSE and TSX:

Symbol ShortName Exchange ShortDescription Close Analyst DCF Multiples O_comps P_comps ABV Average
AD Alaris Royalty TSE Provides financing to private businesses 20.63 24.23 29.27 30.28 23.25 28 26.52 27.47
AKT.A Akita Drilling TSE Provides contract drilling services 7.2 10 28 15.33 8.05 9.29 8.03 13.74
ALA AltaGas TSE A diversified energy infrastructure business 27.58 34.21 91.96 40.14 33.26 41.42 34.12 48.18
BDT Bird Construction TSE General contractor providing construction service 8.98 10.4 8.57 9.11 9.02 11.46 10.79 9.79
BNP Bonavista Energy TSE An oil and natural gas company 2.72 3.89 3.76 4.96 4.82 4.63 3.42 4.32
CFF Conifex Timber TSE A forest product company 4.29 4.69 63.39 9.77 3.33 4.91 5.67 17.41
CFX Canfor Pulp Products TSE Produces & supplies pulp and paper products 13.13 13 15.9 12.78 14.92 13.74 12.1 13.89
CG Centerra Gold TSE A gold mining and exploration company 8.78 10.35 15.62 8.87 7.7 10.03 6.87 9.82
CPG Crescent Point Energy TSE An oil and gas exploration company 8.25 15.57 14.26 15.56 19.09 12.25 17.52 15.73
CRH CRH Medical TSE Provides treatment of gastrointestinal diseases 2.68 9.43 9.68 11.13 5.23 15.08 6.49 9.52
CWX CanWel Building Materials TSE Distributor of building materials 6.1 7.25 14.14 7.46 6.17 8.04 6.77 8.52
ENGH Enghouse Systems TSE Develops enterprise software solutions 50.46 64.75 61.61 61.87 57.41 76.27 56.69 62.77
FCR First Capital Realty TSE Owns and manages retail-centered properties 19.95 23.25 23.99 29.93 23.19 24.09 20.75 24.39
GBT BMTC Group TSE Operates retail stores 12.25 13.5 23.46 16.59 16.19 13.62 16.45 17.26
GGD GoGold Resources TSE A mineral exploration company 0.58 1.01 1.56 0.99 1.17 1.15 0.96 1.17
GIL Gildan Activewear TSE A supplier of basic family apparel 38.13 51.75 49.26 60 38.31 141.9 38.86 65.67
IPO InPlay Oil TSE An oil & gas development & production company 1.38 2.38 4.17 1.63 2.38 2.13 3.61 2.78
PMT Perpetual Energy TSE An oil and gas producer 1.3 1.8 11.51 7.36 1.95 2.29 2.43 5.11
POW Power Corp of Canada TSE Offers financial products and services 29.74 33.5 155.29 34.16 56.4 31.03 31.64 61.7
PRW Petrowest TSE Provides exploration and drilling services 0.09 0.36 0.11 0.26 0.39 0.12 0.16 0.21
PTS Points International TSE Provides technology solutions to loyalty industry 12.19 24.01 18.7 13.02 12.1 13.08 11.94 13.77
PWF Power Financial TSE A financial service company 33.47 36.67 80.07 38.07 38.15 38.71 35.33 46.07
QTRH Quarterhill TSE Acquires technology companies 1.59 3.56 12.66 1.96 2.38 4.07 2.6 4.74
RDL Redline Communications TSE Develops broadband fixed wireless base stations 1.45 3.52 2.37 1.59 1.97 2.01 1.8 1.95
RFP Resolute Forest Products TSE A paper and paper products manufacturing company 6.12 8.01 10.28 9.24 8.4 10.26 7.44 9.12
VRX Valeant Pharmaceuticals TSE A specialty pharmaceutical company 16.52 28.49 205.87 85.98 29.08 43.27 37.45 80.33
DLS DealNet Capital TSX A finance company 0.16 0.65 0.46 0.57 0.54 0.56 0.66 0.56
HEO H2O Innovation TSX Develops water treatment solutions 1.4 2 1.58 1.54 1.67 2.12 1.59 1.7
INP Input Capital TSX An agriculture streaming company 1.7 2.8 7.41 2.88 2.14 2.88 2.3 3.52
TTR Titanium Transportation TSX A transportation and logistics company 1.17 2.56 4.79 27.05 1.75 1.53 1.77 7.38

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx .

Column Descriptions

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 (p_comps) 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 (o_comps) 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 (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 (Analyst) for the company we use the consensus target price here.

Disclaimer

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.