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Looking for stocks with strong momentum with more potential upside to price in? We created a list with that sentiment in mind.

The 8 stocks listed below have met all of the following criteria:

- Rallying above their 20, 50, and 200 day moving averages.

The market has sent many stock prices soaring in the past couple months, so we wanted to make sure the stocks in our screen are, at the very least, taking part in this movement. Investors seem to think these names are worthy to ride the trend.

- Undervalued by EPS Trends:

Despite the rally, we wanted names that show potential to rise even higher and considered undervalued at current levels. We screened for stocks that may be undervalued, by comparing price trends to changes in EPS estimates over the last month.

Based on the assumption that P/E is equal to a constant k, increases in EPS should be matched by increases in price. When they don't match up, a mispricing may have occurred.

- Undervalued by Levered Free Cash Flow / Enterprise Value Ratio

We then screened for stocks that appear undervalued relative to their cash flows, indicated by high ratios of levered free cash flow/enterprise value.

Levered free cash flow is the free cash flow after deducting interest payments on outstanding debt. Enterprise value is the sum of the firm's value from all ownership sources: market cap, outstanding debt, and preferred shares. When companies have ratios of levered free cash flow/enterprise value in excess of 10%, it may indicate that the company as a whole is being undervalued.

- Market cap above $300 million.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

(click to enlarge)

Tool provided by Kapitall (www.kapitall.com).

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

1. Albany International Corp. (NYSE:AIN): Albany International Corp. manufactures and sells paper machine clothing and industrial doors worldwide. Market cap at $686.1M, most recent closing price at $21.92. Levered free cash flow at $145.24M vs. enterprise value at $763.16M (implies a LFCF/EV ratio at 19.03%). The EPS estimate for the company's current year increased from 0.91 to 1.28 over the last 30 days, an increase of 40.66%. This increase came during a time when the stock price changed by 11.65% (from 19.83 to 22.14 over the last 30 days).

The stock is rallying 6.53% above its 20-day moving average, 13.9% above its 50-day MA, and 3.54% above its 200-day MA.

2. Baldwin & Lyons Inc. (NASDAQ:BWINB): Engages in marketing and underwriting property and casualty insurance products primarily in the United States. Market cap at $347.36M, most recent closing price at $23.36. Levered free cash flow at $39.43M vs. enterprise value at $265.58M (implies a LFCF/EV ratio at 14.85%). The EPS estimate for the company's current year increased from 1.75 to 1.85 over the last 30 days, an increase of 5.71%. This increase came during a time when the stock price changed by 2.73% (from 22.69 to 23.31 over the last 30 days).

The stock is rallying 2.72% above its 20-day moving average, 2.13% above its 50-day MA, and 6.8% above its 200-day MA.

3. Global Partners LP (NYSE:GLP): Engages in the wholesale and commercial distribution of refined petroleum products and natural gas, and provides ancillary services in the United States and internationally. Market cap at $717.29M, most recent closing price at $26.15. Levered free cash flow at $241.39M vs. enterprise value at $1.53B (implies a LFCF/EV ratio at 15.78%). The EPS estimate for the company's current year increased from 1.27 to 1.6 over the last 30 days, an increase of 25.98%. This increase came during a time when the stock price changed by 10.84% (from 23.44 to 25.98 over the last 30 days).

The stock is rallying 4.37% above its 20-day moving average, 8.98% above its 50-day MA, and 17.48% above its 200-day MA.

4. HollyFrontier Corporation (NYSE:HFC): Operates as an independent petroleum refiner and marketer in the United States. Market cap at $8.05B, most recent closing price at $39.57. Levered free cash flow at $868.36M vs. enterprise value at $7.67B (implies a LFCF/EV ratio at 11.32%). The EPS estimate for the company's current year increased from 6.23 to 6.55 over the last 30 days, an increase of 5.14%. This increase came during a time when the stock price changed by 2.73% (from 38.48 to 39.53 over the last 30 days).

The stock is rallying 0.82% above its 20-day moving average, 5.54% above its 50-day MA, and 26.6% above its 200-day MA.

5. IntraLinks Holdings, Inc. (NYSE:IL): Provides software-as-a-service (NASDAQ:SAAS) solutions for securely managing content, exchanging critical business information, and collaborating within and among organizations worldwide. Market cap at $327.12M, most recent closing price at $5.94. Levered free cash flow at $46.96M vs. enterprise value at $323.56M (implies a LFCF/EV ratio at 14.51%). The EPS estimate for the company's current year increased from 0.06 to 0.07 over the last 30 days, an increase of 16.67%. This increase came during a time when the stock price changed by 8.99% (from 5.34 to 5.82 over the last 30 days).

The stock is rallying 8.05% above its 20-day moving average, 23.69% above its 50-day MA, and 12.21% above its 200-day MA.

6. Logitech International SA (NASDAQ:LOGI): Designs, manufactures, and markets hardware and software products that enable digital navigation, music and video entertainment, gaming, social networking, audio, and video communication over the Internet, video security, and home-entertainment control. Market cap at $1.85B, most recent closing price at $9.66. Levered free cash flow at $142.23M vs. enterprise value at $1.14B (implies a LFCF/EV ratio at 12.48%). The EPS estimate for the company's current year increased from 0.25 to 0.34 over the last 30 days, an increase of 36.%. This increase came during a time when the stock price changed by 9.35% (from 8.77 to 9.59 over the last 30 days).

The stock is rallying 10.9% above its 20-day moving average, 9.28% above its 50-day MA, and 14.78% above its 200-day MA.

7. Grupo Televisa, S.A.B. (NYSE:TV): Operates as a media company in Mexico and internationally. Market cap at $13.3B, most recent closing price at $23.29. Levered free cash flow at $1.78B vs. enterprise value at $15.87B (implies a LFCF/EV ratio at 11.22%). The EPS estimate for the company's current year increased from 0.8 to 0.87 over the last 30 days, an increase of 8.75%. This increase came during a time when the stock price changed by -1.85% (from 23.78 to 23.34 over the last 30 days).

The stock is rallying 0.93% above its 20-day moving average, 3.23% above its 50-day MA, and 11.82% above its 200-day MA.

8. United Fire & Casualty Company (NASDAQ:UFCS): Engages in the writing of property, casualty, and life insurances. Market cap at $575.45M, most recent closing price at $22.62. Levered free cash flow at $52.20M vs. enterprise value at $496.91M (implies a LFCF/EV ratio at 10.5%). The EPS estimate for the company's current year increased from 1.68 to 2.1 over the last 30 days, an increase of 25.%. This increase came during a time when the stock price changed by 4.92% (from 21.33 to 22.38 over the last 30 days).

The stock is rallying 1.69% above its 20-day moving average, 5.73% above its 50-day MA, and 14.43% above its 200-day MA.

*EPS and LFCF/EV data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 8 Rallying Stocks Undervalued To EPS Trends And Levered Cash Flow