Do you consider yourself a value investor? If so, here's a list you might like.
We ran a screen on stocks seeing significant net institutional purchases over the current quarter. We then screened these names for those that appear undervalued by two measures: PEG below 1 and P/FCF below 15.
Finally we screened for stocks with positive performance over the last quarter, as a screen to avoid potential value traps.
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.
Do you think these stocks should be trading higher? Use this list as a starting point for your own analysis.
1. Booz Allen Hamilton Inc. (BAH): Provides professional services primarily to US government agencies in the defense, security, and civil sectors, as well as to corporations, institutions, and not-for-profit organizations. PEG at 0.79. P/FCF at 13.56. The stock has risen 13.58% over the past quarter. Net institutional purchases in the current quarter at 3.5M shares, which represents about 13.% of the company's float of 26.93M shares.
2. CACI International Inc. (CACI): Provides information technology and professional services to the U. PEG at 0.82. P/FCF at 6.92. The stock has risen 3.78% over the past quarter. Net institutional purchases in the current quarter at 2.1M shares, which represents about 8.47% of the company's float of 24.79M shares.
3. Caribou Coffee Company, Inc. (CBOU): Operates coffeehouses primarily in the United States. PEG at 0.46. P/FCF at 12.37. The stock has risen 32.15% over the past quarter. Net institutional purchases in the current quarter at 3.1M shares, which represents about 17.04% of the company's float of 18.19M shares.
4. Coinstar Inc. (CSTR): Provides automated retail solutions primarily in the United States, Canada, Puerto Rico, the United Kingdom, and Ireland. PEG at 0.86. P/FCF at 7.48. The stock has risen 24.59% over the past quarter. Net institutional purchases in the current quarter at 1.3M shares, which represents about 4.57% of the company's float of 28.44M shares.
5. CVR Energy, Inc. (CVI): Refines and markets transportation fuels in the United States. PEG at 0.12. P/FCF at 6.56. The stock has risen 21.19% over the past quarter. Net institutional purchases in the current quarter at 7.8M shares, which represents about 11.82% of the company's float of 65.99M shares.
6. Famous Dave's of America Inc. (DAVE): Engages in the development, ownership, operation, and franchising of restaurants under the Famous Dave's name in the United States. PEG at 0.95. P/FCF at 10.04. The stock has risen 25.43% over the past quarter. Net institutional purchases in the current quarter at 273.0K shares, which represents about 4.85% of the company's float of 5.63M shares.
7. Medicines Co. (MDCO): Provides various medicines to hospitals for advancing the treatment of critical care patients primarily in the United States and Europe. PEG at 0.67. P/FCF at 14.32. The stock has risen 7.81% over the past quarter. Net institutional purchases in the current quarter at 1.8M shares, which represents about 4.11% of the company's float of 43.75M shares.
8. Nelnet Inc. (NNI): Focuses on providing fee-based processing services, and education-related products and services in the areas of loan financing, loan servicing, payment processing, and enrollment services. PEG at 0.43. P/FCF at 3.61. The stock has risen 16.12% over the past quarter. Net institutional purchases in the current quarter at 829.1K shares, which represents about 4.% of the company's float of 20.72M shares.
9. Ocwen Financial Corp. (OCN): Provides residential and commercial mortgage loan servicing, special servicing, and asset management services. PEG at 0.91. P/FCF at 1.83. The stock has risen 17.03% over the past quarter. Net institutional purchases in the current quarter at 6.0M shares, which represents about 7.31% of the company's float of 82.10M shares.
10. Saratoga Investment Corp. (SAR): A business development company specializing in buyout, acquisition, growth, recapitalization, and note financing transactions of private middle market companies. PEG at 0.11. P/FCF at 3.04. The stock has risen 1.21% over the past quarter. Net institutional purchases in the current quarter at 449.9K shares, which represents about 16.79% of the company's float of 2.68M shares.
11. Shuffle Master Inc. (SHFL): Develops, manufactures, and markets technology and entertainment-based products for the gaming industry worldwide. PEG at 0.99. P/FCF at 14.34. The stock has risen 30.13% over the past quarter. Net institutional purchases in the current quarter at 5.4M shares, which represents about 10.12% of the company's float of 53.37M shares.
12. Standard Motor Products Inc. (SMP): Distributes replacement parts for motor vehicles in the automotive aftermarket industry primarily in the United States, Canada, and Latin America. PEG at 0.69. P/FCF at 8.17. The stock has risen 26.24% over the past quarter. Net institutional purchases in the current quarter at 833.0K shares, which represents about 4.12% of the company's float of 20.22M shares.
13. Symetra Financial Corporation (SYA): Operates as a financial services company in the life insurance industry in the United States. PEG at 0.71. P/FCF at 1.3. The stock has risen 9.76% over the past quarter. Net institutional purchases in the current quarter at 18.1M shares, which represents about 15.13% of the company's float of 119.61M shares.
14. TGC Industries Inc. (TGE): Provides geophysical services in the U. PEG at 0.48. P/FCF at 13.48. The stock has risen 21.54% over the past quarter. Net institutional purchases in the current quarter at 1.6M shares, which represents about 11.64% of the company's float of 13.74M shares.
15. Vistaprint N.V. (VPRT): Operates as an online provider of marketing products and services to micro businesses worldwide. PEG at 0.98. P/FCF at 10.48. The stock has risen 15.85% over the past quarter. Net institutional purchases in the current quarter at 4.3M shares, which represents about 14.06% of the company's float of 30.59M shares.
*Institutional data sourced from Fidelity, all other data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
