10 Stocks Approaching Lows, With Improving Analyst Sentiment

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 |  Includes: CRA, FMER, JOE, NAT, ONB, PBCT, PHM, RYL, TFSL, TNP
by: Kapitall

The following is a list of stocks approaching 52-week lows. All of these stocks have seen improving analyst sentiment over the last three months.

To create the list, we started with a universe of stocks approaching 52-week lows. We then narrowed down the list by only focusing on stocks that have seen improving analyst ratings over the last three months.

Analyst ratings are presented on a linear scale, where 1 = "Strong Buy" and 5 = "Strong Sell". All of the stocks in our list have seen their ratings move closer to 1, i.e. improving analyst sentiment.

Although analysts still remain cautious on most of these names, the improving sentiment seems to suggest that at least some of the bad news is being priced in by the market. How long before the negative factors are fully priced in? You decide.

Analyst ratings sourced from Reuters, short float data sourced from Finviz.



The list has been sorted by change in analyst rating over the last three months.

1. The St. Joe Company (NYSE:JOE): Real Estate Development Industry. Market cap of $1.87B. Current analyst rating at 2.00 versus 2.33 three months ago. Short float at 19.25%, which implies a short ratio of 16.2 days. The stock has lost -20.82% over the last year.

2. TFS Financial Corp (NASDAQ:TFSL): Regional Bank. Market cap of $2.69B. Current analyst rating at 2.00 versus 2.33 three months ago. The stock has lost -24.22% over the last year. Short float at 4.30%, which implies a short ratio of 4.01 days. The stock has lost -24.22% over the last year.

3. Old National Bancorp. (NASDAQ:ONB): Regional Banks Industry. Market cap of $824.63M. Current analyst rating at 2.67 versus 3.0 three months ago. Short float at 7.16%, which implies a short ratio of 10.91 days. The stock has lost -8.86% over the last year.

4. Celera Corporation (NASDAQ:CRA): Diagnostic Substances Industry. Market cap of $468.16M. Current analyst rating at 2.33 versus 2.57 three months ago. Short float at 4.67%, which implies a short ratio of 6.64 days. The stock has lost -6.39% over the last year.

5. Tsakos Energy Navigation Ltd. (NYSE:TNP): Shipping Industry. Market cap of $388.58M. Current analyst rating at 2.64 versus 2.89 three months ago. Short float at 0.49%, which implies a short ratio of 0.92 days. The stock has lost -33.12% over the last year.

6. Nordic American Tanker Shipping Ltd. (NYSE:NAT): Shipping Industry. Market cap of $1.22B. Current analyst rating at 2.75 versus 3.00 three months ago. Short float at 8.79%, which implies a short ratio of 8.12 days. The stock has lost -5.93% over the last year.

7. PulteGroup, Inc. (NYSE:PHM):
Residential Construction Industry. Market cap of $3.B. Current analyst rating at 2.71 versus 2.88 three months ago. Short float at 12.51%, which implies a short ratio of 6.17 days. The stock has lost -15.86% over the last year.

8. People's United Financial Inc. (NASDAQ:PBCT): Savings & Loans Industry. Market cap of $4.5B. Current analyst rating at 2.21 versus 2.33 three months ago. Short float at 5.32%, which implies a short ratio of 5.51 days. The stock has lost -21.62% over the last year.

9. Ryland Group Inc. (NYSE:RYL): Residential Construction Industry. Market cap of $660.77M. Current analyst rating at 2.53 versus 2.64 three months ago. Short float at 13.99%, which implies a short ratio of 6.39 days. The stock has lost -22.58% over the last year.

10. FirstMerit Corporation (NASDAQ:FMER): Regional Bank. Market cap of $1.87B. Current analyst rating at 2.62 versus 2.67 three months ago. Short float at 6.58%, which implies a short ratio of 9.98 days. The stock has lost -8.82% over the last year.

Disclosure: No positions