Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message| ()  

Do you consider yourself a value investor? We ran a screen with that perspective.

We began by screening the industrial goods sector for stocks that appear undervalued relative to earnings growth, with PEG below 1.

We then screened for stocks with bullish sentiment from institutional investors, with significant net institutional purchases over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to outperform in the future.

Analyst ratings sourced from Zacks Investment Research.‬

Tool provided by Kapitall (www.kapitall.com). More investing ideas on Kapitall Wire (wire.kapitall.com).

Do you think these stocks should be trading higher? Use this list as a starting point for your own analysis.

List sorted by net institutional purchases as a percent of share float.

1. Skullcandy, Inc. (SKUL): Develops and distributes headphones and other audio accessories to retailers in the United States and to distributors in various countries worldwide. Market cap at $448.49M, most recent closing price at $16.41. PEG at 0.99. Net institutional purchases in the current quarter at 4.3M shares, which represents about 28.53% of the company's float of 15.07M shares.

2. Twin Disc Inc. (TWIN): Designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment. Market cap at $238.89M, most recent closing price at $20.90. PEG at 0.69. Net institutional purchases in the current quarter at 1.2M shares, which represents about 14.41% of the company's float of 8.33M shares.

3. Hollysys Automation Technologies, Ltd (HOLI): Provides automation and control technology and applications in the People's Republic of China. Market cap at $467.86M, most recent closing price at $8.38. PEG at 0.63. Net institutional purchases in the current quarter at 2.1M shares, which represents about 6.43% of the company's float of 32.66M shares.

4. ADA-ES, Inc. (ADES): Provides environmental technologies and specialty chemicals to the coal-burning electric power generation industry primarily in the United States. Market cap at $224.62M, most recent closing price at $22.44. PEG at 0.7. Net institutional purchases in the current quarter at 580.2K shares, which represents about 6.42% of the company's float of 9.04M shares.

5. Gardner Denver Inc. (GDI): Designs, manufactures, and markets engineered industrial machinery and related parts and services primarily in North America, Europe, Asia, South America, Africa, and Australia. Market cap at $3.08B, most recent closing price at $62.98. PEG at 0.74. Net institutional purchases in the current quarter at 2.9M shares, which represents about 6.26% of the company's float of 46.29M shares.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: Hedge Funds Love These 5 Undervalued Industrial Goods Stocks