The following is a list of companies trading near their 52-week lows that are undervalued, when comparing today's price to the average analyst target price (used as a proxy for fair value).

Yes, this is a crude way to find undervalued stocks. But this list is only meant to be a starting point for you to find undervalued stocks. We suspect there are quite a few falling knives here, but that's for you to decide.

Target price data sourced from Finviz.

The list has been sorted by discount to analyst target price. * 1. Heckmann Corporation (HEK)*: Diversified Investments Industry. Market cap of $436.69M. The stock is currently trading 9.09% above its 52-week low. Current price at $3.96 vs. target price of $7.75 (discount of -48.9%). Short float at 4.76%, which implies a short ratio of 5.72 days. The stock has lost -4.75% over the last year.

*Entertainment Industry. Market cap of $389.42M. The stock is currently trading 8.31% above its 52-week low. Current price at $4.15 vs. target price of $8.0 (discount of -48.13%). Short float at 2.62%, which implies a short ratio of 7.42 days. The stock has lost -34.18% over the last year.*

**2. CKX Inc. (NASDAQ:CKXE):***Farm Products Industry. Market cap of $550.47M. The stock is currently trading 5.83% above its 52-week low. Current price at $12.23 vs. target price of $22.0 (discount of -44.41%). Short float at 14.71%, which implies a short ratio of 13.83 days. The stock has lost -31.2% over the last year.*

**3. Chiquita Brands International Inc. (NYSE:CQB):***: Hospitals Industry. Market cap of $1.02B. The stock is currently trading 5.38% above its 52-week low. Current price at $6.24 vs. target price of $10.75 (discount of -41.95%). Short float at 1.26%, which implies a short ratio of 6 days. The stock has lost -34.36% over the last year.*

**4. Select Medical Holdings Corporation (NYSE:SEM)***Business Services Industry. Market cap of $480.57M. The stock is currently trading 6.47% above its 52-week low. Current price at $11.50 vs. target price of $19.0 (discount of -39.47%). Short float at 0.72%, which implies a short ratio of 0.93 days. The stock has lost -47.05% over the last year.*

**5. Net 1 Ueps Technologies Inc. (NASDAQ:UEPS):***Savings & Loans Industry. Market cap of $1.74B. The stock is currently trading 3.83% above its 52-week low. Current price at $23.83 vs. target price of $38.67 (discount of -38.38%). Short float at 13.58%, which implies a short ratio of 11.8 days. The stock has lost -17.4% over the last year.*

**6. Capitol Federal Financial (NASDAQ:CFFN):***Diversified Computer Systems Industry. Market cap of $731.36M. The stock is currently trading 4.97% above its 52-week low. Current price at $7.87 vs. target price of $12.2 (discount of -35.49%). Short float at 6.02%, which implies a short ratio of 5.08 days. The stock has lost -49.17% over the last year.*

**7. Scientific Games Corporation (NASDAQ:SGMS):***Savings & Loans Industry. Market cap of $906.33M. The stock is currently trading 8.43% above its 52-week low. Current price at $9.11 vs. target price of $14.0 (discount of -34.93%). Short float at 6.68%, which implies a short ratio of 7.36 days. The stock has lost -0.33% over the last year.*

**8. Ocwen Financial Corp. (NYSE:OCN):***Shipping Industry. Market cap of $462.22M. The stock is currently trading 2.83% above its 52-week low. Current price at $10.19 vs. target price of $15.61 (discount of -34.72%). Short float at 0.53%, which implies a short ratio of 0.67 days. The stock has lost -31.22% over the last year.*

**9. Tsakos Energy Navigation Ltd. (NYSE:TNP):***Regional Bank. Market cap of $2.75B. The stock is currently trading 3.71% above its 52-week low. Current price at $8.57 vs. target price of $13.0 (discount of -34.08%). Short float at 4.3%, which implies a short ratio of 4.93 days. The stock has lost -21.25% over the last year.*

**10. TFS Financial Corp (NASDAQ:TFSL):***Biotechnology Industry. Market cap of $522.86M. The stock is currently trading 1.91% above its 52-week low. Current price at $12.29 vs. target price of $18.57 (discount of -33.82%). Short float at 10.5%, which implies a short ratio of 16.57 days. The stock has lost -20.32% over the last year.*

**11. Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY):***Personal Products Industry. Market cap of $551.77M. The stock is currently trading 2.01% above its 52-week low. Current price at $10.84 vs. target price of $16.00 (discount of -32.25%). Short float at 4.43%, which implies a short ratio of 4.39 days. The stock has lost -22.7% over the last year.*

**12. Revlon, Inc. (NYSE:REV):***Business Services Industry. Market cap of $634.16M. The stock is currently trading 4.69% above its 52-week low. Current price at $26.59 vs. target price of $38.58 (discount of -31.08%). Short float at 15.96%, which implies a short ratio of 13.56 days. The stock has lost -14.9% over the last year.*

**13. EnerNOC, Inc. (NASDAQ:ENOC):***: Medical Appliances & Equipment Industry. Market cap of $499.1M. The stock is currently trading 8.18% above its 52-week low. Current price at $28.89 vs. target price of $40.88 (discount of -29.33%). Short float at 5.72%, which implies a short ratio of 7.8 days. The stock has lost -10.04% over the last year.*

**14. Orthofix International NV (NASDAQ:OFIX)***Diagnostic Substances Industry. Market cap of $321.85M. The stock is currently trading 0.93% above its 52-week low. Current price at $15.24 vs. target price of $21.56 (discount of -29.31%). Short float at 12.59%, which implies a short ratio of 4.44 days. The stock has lost -64.7% over the last year.*

**15. AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG):***Healthcare Information Services Industry. Market cap of $1.04B. The stock is currently trading 2.48% above its 52-week low. Current price at $18.06 vs. target price of $25.54 (discount of -29.29%). Short float at 10.29%, which implies a short ratio of 7.63 days. The stock has lost -20.5% over the last year.*

**16. MedAssets, Inc. (NASDAQ:MDAS):***Telecom Services Industry. Market cap of $597.87M. The stock is currently trading 0.05% above its 52-week low. Current price at $38.46 vs. target price of $54.0 (discount of -28.78%). Short float at 3.89%, which implies a short ratio of 4.68 days. The stock has lost -25.49% over the last year.*

**17. Atlantic Tele-Network, Inc. (NASDAQ:ATNI):***Management Services Industry. Market cap of $456.91M. The stock is currently trading 4.15% above its 52-week low. Current price at $9.06 vs. target price of $12.71 (discount of -28.72%). Short float at 3.58%, which implies a short ratio of 5.03 days. The stock has lost -37.62% over the last year.*

**18. Navigant Consulting Inc. (NYSE:NCI):***Regional Bank. Market cap of $2.98B. The stock is currently trading 7.76% above its 52-week low. Current price at $5.54 vs. target price of $7.61 (discount of -27.2%). Short float at 3.54%, which implies a short ratio of 2.05 days. The stock has gained 8.65% over the last year.*

**19. Marshall & Ilsley Corporation (NYSE:MI):***: Regional Bank. Market cap of $635.89M. The stock is currently trading 8.53% above its 52-week low. Current price at $7.69 vs. target price of $10.5 (discount of -26.76%). Short float at 3.82%, which implies a short ratio of 9.46 days. The stock has lost -16.47% over the last year.*

**20. Beneficial Mutual Bancorp Inc. (NASDAQ:BNCL)***Apparel Stores Industry. Market cap of $311.34M. The stock is currently trading 4.55% above its 52-week low. Current price at $21.11 vs. target price of $28.8 (discount of -26.7%). Short float at 10.96%, which implies a short ratio of 7.49 days. The stock has lost -25.47% over the last year.*

**21. Citi Trends (NASDAQ:CTRN):***Education & Training Services Industry. Market cap of $5.41B. The stock is currently trading 4.31% above its 52-week low. Current price at $36.90 vs. target price of $50.06 (discount of -26.29%). Short float at 6.52%, which implies a short ratio of 1.77 days. The stock has lost -32.8% over the last year.*

**22. Apollo Group Inc. (NASDAQ:APOL):***Real Estate Development Industry. Market cap of $1.82B. The stock is currently trading 5.99% above its 52-week low. Current price at $19.92 vs. target price of $26.75 (discount of -25.53%). Short float at 19.27%, which implies a short ratio of 14.27 days. The stock has lost -25.86% over the last year.*

**23. The St. Joe Company (NYSE:JOE):***Regional Bank. Market cap of $384.22M. The stock is currently trading 7.59% above its 52-week low. Current price at $4.32 vs. target price of $5.74 (discount of -24.74%). Short float at 13.1%, which implies a short ratio of 3.79 days. The stock has lost -67.57% over the last year.*

**24. Wilmington Trust Corporation (NYSE:WL):***Networking & Communication Devices Industry. Market cap of $136.78B. The stock is currently trading 4.44% above its 52-week low. Current price at $20.56 vs. target price of $27.17 (discount of -24.33%). Short float at 0.89%, which implies a short ratio of 0.87 days. The stock has gained 3.55% over the last year.*

25. Cisco Systems, Inc. (NASDAQ:CSCO):25. Cisco Systems, Inc. (NASDAQ:CSCO):

**Disclosure:**No positions