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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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  • Aerospace Stocks Ranked And Rated From ValuEngine.com 0 comments
    Jul 26, 2013 1:57 PM | about stocks: RTN, TDG, BA, NOC, LMT, LLL, EAC, GY, DCO, SPR, ERJ

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up almost 77% of our stocks assigned a valuation and 45% of those equities are calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued--13 of them by double digits.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    15543.97

    15555.61

    11.64

    0.07%

    17.64%

    NASDAQ

    3601.09

    3605.19

    4.1

    0.11%

    18.81%

    RUSSELL 2000

    1049.53

    1054.18

    4.65

    0.44%

    23.04%

    S&P 500

    1694.41

    1690.25

    -4.16

    -0.25%

    17.59%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    23.26%

    Stocks Overvalued

    76.74%

    Stocks Undervalued by 20%

    9.69%

    Stocks Overvalued by 20%

    45.10%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    1.07%

    5.94%

    27.48%

    23.01% overvalued

    36.79%

    18.16

    Auto-Tires-Trucks

    0.17%

    8.60%

    39.36%

    27.07% overvalued

    52.76%

    19.28

    Basic Materials

    0.92%

    7.96%

    3.81%

    6.19% undervalued

    -18.15%

    20.28

    Business Services

    0.97%

    6.33%

    73.10%

    17.61% overvalued

    26.58%

    23.76

    Computer and Technology

    0.62%

    8.16%

    27.37%

    23.25% overvalued

    27.17%

    30.4

    Construction

    -0.36%

    5.60%

    31.86%

    15.35% overvalued

    38.97%

    24.6

    Consumer Discretionary

    0.39%

    5.48%

    28.78%

    25.28% overvalued

    32.11%

    24.68

    Consumer Staples

    0.67%

    6.32%

    17.46%

    22.44% overvalued

    21.73%

    21.67

    Finance

    0.36%

    9.32%

    27.96%

    20.81% overvalued

    21.36%

    18.13

    Industrial Products

    0.68%

    6.71%

    28.01%

    18.91% overvalued

    30.44%

    20.68

    Medical

    0.76%

    8.51%

    204.06%

    19.51% overvalued

    22.43%

    26.1

    Multi-Sector Conglomerates

    0.10%

    4.85%

    6.57%

    13.58% overvalued

    21.33%

    17.39

    Oils-Energy

    0.54%

    6.48%

    14.72%

    5.98% overvalued

    9.65%

    27.33

    Retail-Wholesale

    0.92%

    5.86%

    33.08%

    25.31% overvalued

    41.05%

    23.25

    Transportation

    0.60%

    4.69%

    25.87%

    16.95% overvalued

    26.51%

    21.68

    Utilities

    0.86%

    8.56%

    18.67%

    10.03% overvalued

    13.09%

    20.96

    ValuEngine Newsletters Latest Results

    VE Newsletter

    Last Month Total

    S&P 500

    Last Twelve Months

    S&P 500

    Since Inception

    S&P 500

    Forecast MNS

    3.56

    2.62

    23.38

    15.17

    91.13

    84.17

    Dividend Stock

    8.47

    6.76

    N/A

    N/A

    8.47

    6.76

    Small Cap Stock

    13.82

    3.9

    N/A

    N/A

    39.26

    22.03

    View

    4.51

    1.48

    69.14

    24.25

    75.27

    48.02

    Sector Talk-Aerospace

    Below, we present the latest data on leading Aerospace Sector stocks from our Institutional software package (Pending:VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

    Top-Five Aerospace Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    RTN

    RAYTHEON CO

    69.75

    31.25

    26.63

    TDG

    TRANSDIGM GROUP

    141.7

    -3.53

    17.84

    BA

    BOEING CO

    106.7

    46.31

    44.13

    NOC

    NORTHROP GRUMMN

    90.41

    29.3

    41.46

    LMT

    LOCKHEED MARTIN

    119.5

    19.93

    36.29

    Top-Five Aerospace Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    RTN

    RAYTHEON CO

    69.75

    31.25

    26.63

    TDG

    TRANSDIGM GROUP

    141.7

    -3.53

    17.84

    BA

    BOEING CO

    106.7

    46.31

    44.13

    NOC

    NORTHROP GRUMMN

    90.41

    29.3

    41.46

    LLL

    L-3 COMM HLDGS

    92.04

    21.55

    32.2

    Top-Five Aerospace Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    EAC

    ERICKSON AIR-CR

    19.14

    -17.27

    193.11

    LMT

    LOCKHEED MARTIN

    119.5

    19.93

    36.29

    NOC

    NORTHROP GRUMMN

    90.41

    29.3

    41.46

    LLL

    L-3 COMM HLDGS

    92.04

    21.55

    32.2

    RTN

    RAYTHEON CO

    69.75

    31.25

    26.63

    Top-Five Aerospace Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    GY

    GENCORP INC

    17.35

    66.71

    113.93

    DCO

    DUCOMMUN INC DE

    24.38

    59.5

    147.01

    SPR

    SPIRIT AEROSYS

    25.45

    51.09

    13.41

    BA

    BOEING CO

    106.7

    46.31

    44.13

    ERJ

    EMBRAER AIR-ADR

    37.63

    39.88

    53.59

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: aerospace, defense Stocks: RTN, TDG, BA, NOC, LMT, LLL, EAC, GY, DCO, SPR, ERJ
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