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Steve Hach is the Senior Editor at ValuEngine.com, a Newtown, Pennsylvania-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 7000 US, Japanese, and Canadian, and other foreign stocks. Hach utilizes... More
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  • Chemtura (CHMT, $CHMT) Leads ValuEngine.com Short-Term Forecast Screen 0 comments
    Apr 21, 2011 3:07 PM | about stocks: CHMT
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    April 21, 2011 Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

    Short-Term Leader

     Chemtura (CHMT, $CHMT) Leads ValuEngine.com Short-Term Forecast Screen

     Chemtura Corporation is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products.

      A screen for undervalued/top-ranked one-month forecast stocks with market prices in excess of $3.00 and average volume in excess of 100k shares/day performed with our Institutional software package (Pending:VEI) found Chemtura Corporation near the top of the list. Chemtura Corporation  reports Q1 2011 earnings on May 5th after the close.

    Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

     ValuEngine has issued a STRONG BUY recommendation for Chemtura Corporation on Apr. 21, 2011. Based on the information we have gathered and our resulting research, we feel that Chemtura Corporation has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E ratio, price/sales ratio and market valuation.

     Based on available data as of Apr. 21, 2011, we believe that CHMT should be trading at $70.08. This makes CHMT 75.00% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For CHMT, we base this on actual earnings per share (NYSEARCA:EPS) for the previous four quarters of $18.17, forecasted EPS for the next four quarters of $1.20, and correlations to the 30- year Treasury bond yield of 4.45%.

     Subscribers can check out the latest figures on Chemtura Corporation from our models HERE.  

     

     

    Market Indices Data
      Latest Change YTD
    Dow Jones
    12,485.80 32.24 7.85%
    NASDAQ Composite
    2,818.99 16.48 6.26%
    Russell 2000
    843.11 3.66 7.59%
    S&P 500
    1,336.49 6.13 6.27%

     

    ValuEngine Market Overview
    Summary of VE Stock Universe
    Stocks Undervalued
    40.97%
    Stocks Overvalued
    59.03%
    Stocks Undervalued by 20%
    17.24%
    Stocks Overvalued by 20%
    27.09%
    ValuEngine Sector Overview
    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Oils-Energy 1.43% -2.92% 10.32% 19.56% overvalued 36.10% 47.54
    Multi-Sector Conglomerates 1.53% -0.23% 4.55% 14.60% overvalued 23.60% 30.26
    Transportation 0.92% -2.39% -1.00% 11.39% overvalued 11.92% 21.66
    Utilities 1.25% 0.10% 5.08% 10.84% overvalued 16.12% 21.54
    Basic Materials 1.78% -0.81% 0.23% 9.45% overvalued 45.56% 25.71
    Consumer Staples 0.13% -0.50% -0.97% 9.22% overvalued 12.21% 19.27
    Industrial Products 1.75% -1.45% 5.94% 8.56% overvalued 20.29% 30.24
    Business Services 1.40% -0.24% 5.53% 8.35% overvalued 10.26% 50.96
    Aerospace 1.54% -2.14% 13.48% 7.79% overvalued 16.46% 19.18
    Computer and Technology 1.68% -0.25% 11.63% 7.64% overvalued 24.21% 45.62
    Retail-Wholesale 1.57% 0.81% 6.27% 7.18% overvalued 16.03% 29.35
    Finance 0.90% -1.43% 2.00% 6.10% overvalued 3.70% 25.83
    Auto-Tires-Trucks 2.90% -1.94% -4.24% 5.80% overvalued 28.84% 20.22
    Construction 1.33% -1.62% 0.74% 4.96% overvalued 0.19% 34.19
    Consumer Discretionary 1.53% 1.09% 6.63% 4.84% overvalued 10.38% 33.21
    Medical 1.14% 1.13% 13.52% 2.83% overvalued 10.36% 38.10

     

    Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE    

     
     
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    Stocks: CHMT
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