If you're looking for ways to trade next week's earnings releases, the following list might be interesting to you.
The following is a list of companies releasing earnings next week that are undervalued when compared to analysts’ estimates.
Yes, this is a crude way to find undervalued companies, but our goal here is to give you a starting point for your own analysis. See full details below.
All data sourced from Finviz.
List sorted by discount to analyst target price.
1. Houston American Energy Corp. (HUSA): Independent Oil & Gas Industry. Market cap of $452.34M. Earnings release date scheduled for Mar-28. This stock has a target price of $20.0, which implies a 39.76% upside from its current price of $14.31. The stock is a short squeeze candidate, with a short float at 18.11% (equivalent to 24.89 days of average volume). The stock has lost 18.08% over the last year.
2. Phillips-Van Heusen Corp. (PVH): Apparel Clothing Industry. Market cap of $3.84B. Earnings release date scheduled for Mar-28. This stock has a target price of $77.6, which implies a 31.59% upside from its current price of $58.97. The stock has gained 1.43% over the last year.
3. Companhia Paranaense de Energia (ELP): Electric Utilities Industry. Market cap of $7.38B. Earnings release date scheduled for Mar-28. This stock has a target price of $33.75, which implies a 26.93% upside from its current price of $26.59. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 3.47%, current ratio at 2.06, and quick ratio at 1.99. The stock has gained 30.4% over the last year.
4. A. Schulman, Inc. (SHLM): Rubber & Plastics Industry. Market cap of $725.53M. Earnings release date scheduled for Mar-28. This stock has a target price of $28.33, which implies a 23.28% upside from its current price of $22.98. The stock has lost 8.5% over the last year.
5. China Petroleum & Chemical Corp. (SNP): Independent Oil & Gas Industry. Market cap of $86.78B. Earnings release date scheduled for Mar-28. This stock has a target price of $119.52, which implies a 18.76% upside from its current price of $100.64. The stock has gained 28.75% over the last year.
6. Ameron International Corporation (AMN): General Building Materials Industry. Market cap of $707.35M. Earnings release date scheduled for Mar-28. This stock has a target price of $87.5, which implies a 14.16% upside from its current price of $76.65. The stock has had a couple of great days, gaining 7.51% over the last week.
7. Immucor Inc. (BLUD): Diagnostic Substances Industry. Market cap of $1.33B. Earnings release date scheduled for Mar-28. This stock has a target price of $21.44, which implies a 12.9% upside from its current price of $18.99. The stock has lost 13.82% over the last year.
8. Gafisa S.A. (GFA): Residential Construction Industry. Market cap of $2.80B. Earnings release date scheduled for Mar-28. This stock has a target price of $14.19, which implies a 11.91% upside from its current price of $12.68. This is a risky stock that is significantly more volatile than the overall market (beta = 2.47). The stock has lost 8.2% over the last year.
9. Cia Energetica de Minas Gerais (CIG): Electric Utilities Industry. Market cap of $12.36B. Earnings release date scheduled for Mar-28. This stock has a target price of $20.27, which implies a 11.5% upside from its current price of $18.18. Relatively low correlation to the market (beta = 0.7), which may be appealing to risk averse investors. The stock has had a couple of great days, gaining 5.41% over the last week.
10. Oxford Industries Inc. (OXM): Apparel Clothing Industry. Market cap of $365.74M. Earnings release date scheduled for Mar-29. This stock has a target price of $31.33, which implies a 31.92% upside from its current price of $23.75. The stock is a short squeeze candidate, with a short float at 11.03% (equivalent to 11.54 days of average volume). The stock has gained 11.33% over the last year.
11. VirnetX Holding Corp (VHC): Internet Software & Services Industry. Market cap of $712.53M. Earnings release date scheduled for Mar-29. This stock has a target price of $18.5, which implies a 26.97% upside from its current price of $14.57. The stock is a short squeeze candidate, with a short float at 12.24% (equivalent to 7.52 days of average volume). Exhibiting strong upside momentum--currently trading 15.21% above its SMA20, 10.68% above its SMA50, and 25.76% above its SMA200. The stock has had a couple of great days, gaining 13.23% over the last week.
12. Stonemor Partners LP (STON): Personal Services Industry. Market cap of $405.60M. Earnings release date scheduled for Mar-29. This stock has a target price of $31.0, which implies a 22.82% upside from its current price of $25.24. The stock has gained 51.63% over the last year.
13. Lennar Corp. (LEN): Residential Construction Industry. Market cap of $3.69B. Earnings release date scheduled for Mar-29. This stock has a target price of $23.09, which implies a 16.03% upside from its current price of $19.9. The stock is a short squeeze candidate, with a short float at 16.32% (equivalent to 6.18 days of average volume). The stock has gained 12.66% over the last year.
14. Apollo Group Inc. (APOL): Education & Training Services Industry. Market cap of $6.06B. Earnings release date scheduled for Mar-29. This stock has a target price of $49.36, which implies a 13.89% upside from its current price of $43.34. The stock has lost 33.11% over the last year.
15. EnergySolutions, Inc (ES): Waste Management Industry. Market cap of $614.14M. Earnings release date scheduled for Mar-29. This stock has a target price of $7.64, which implies a 11.53% upside from its current price of $6.85. The stock is a short squeeze candidate, with a short float at 9.29% (equivalent to 6.26 days of average volume). The stock has gained 9.48% over the last year.
16. UniFirst Corp. (UNF): Consumer Services Industry. Market cap of $1.08B. Earnings release date scheduled for Mar-30. This stock has a target price of $62.0, which implies a 14.6% upside from its current price of $54.1. The stock has gained 0.63% over the last year.
17. Team Inc. (TISI): Business Services Industry. Market cap of $502.58M. Earnings release date scheduled for Mar-30. This stock has a target price of $29.2, which implies a 12.83% upside from its current price of $25.88. The stock has gained 56.16% over the last year.
18. Krispy Kreme Doughnuts Inc. (KKD): Restaurants Industry. Market cap of $412.49M. Earnings release date scheduled for Mar-31. This stock has a target price of $7.4, which implies a 17.83% upside from its current price of $6.28. The stock has gained 55.08% over the last year.
19. CarMax Inc. (KMX): Auto Dealerships Industry. Market cap of $7.28B. Earnings release date scheduled for Mar-31. This stock has a target price of $37.5, which implies a 15.78% upside from its current price of $32.39. After a solid performance over the last year, KMX has pulled back during recent sessions. The stock is -4.57% below its SMA20 and -4.09% below its SMA50, but remains 14.92% above its SMA200. The stock has gained 32.02% over the last year.
20. Resources Connection Inc. (RECN): Management Services Industry. Market cap of $851.19M. Earnings release date scheduled for Mar-31. This stock has a target price of $20.85, which implies a 13.69% upside from its current price of $18.34. After a solid performance over the last year, RECN has pulled back during recent sessions. The stock is -3.76% below its SMA20 and -7.18% below its SMA50, but remains 14.88% above its SMA200. The stock has gained 3.3% over the last year.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
