Seeking Alpha

Steve Hach's  Instablog

Steve Hach
Send Message
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
My company:
ValuEngine
  • ValuEngine Upgrades Qihoo 360 Technology To Strong Buy 0 comments
    Mar 12, 2014 1:48 PM | about stocks: QIHU

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks assigned a valuation now make up 83% of our universe and 47% of the stocks assigned a valuation are calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued by double digits.

    Woo-Hoo

    --ValuEngine upgrades Qihoo 360 Technology to Strong Buy

    Qihoo 360 Technology Co Ltd. (NYSE:QIHU) offers Internet and mobile security products. Its core Internet and mobile security products include 360 Safe Guard and 360 Anti-virus 360 Mobile Safe, 360 Safe Browser, 360 Personal Start-up Page, 360 Application Store and 360 Safebox. The Company also provides advertising services by providing marketing opportunities on our websites and offers web games developed by third parties, provide Internet security services such as remote technical support to paying customers and provide other Internet value-added services. Qihoo 360 Technology Co Ltd. is headquartered in Santa Fe, New Mexico, USA.

    The stock was a 5-Engine upgrade STRONG BUY today. Qihoo reported decent Q1 guidance last week, and projected revenue of @ $227 million--which beat the consensus of $203 million.

    ValuEngine updated its recommendation from BUY to STRONG BUY for QIHOO 360 TECH on 2014-03-11. Based on the information we have gathered and our resulting research, we feel that QIHOO 360 TECH has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Company Size.

    As a bonus to our Daily Bulletin readers,
    we are offering a FREE DOWNLOAD of one of our Stock Reports

    Read our Complete Detailed Valuation Report on Qihoo 360 HERE.

    Below is today's data on QIHU:


     






    ValuEngine Forecast
     Target
    Price*
    Expected
    Return
    1-Month117.071.39%
    3-Month120.364.24%
    6-Month125.378.58%
    1-Year134.7516.70%
    2-Year162.3040.56%
    3-Year117.011.34%

     















    Valuation & Rankings
    Valuation13.62% undervaluedValuation Rank 92
    1-M Forecast Return1.39%1-M Forecast Return Rank 100
    12-M Return262.97%Momentum Rank 99
    Sharpe Ratio0.75Sharpe Ratio Rank 80
    5-Y Avg Annual Return44.90%5-Y Avg Annual Rtn Rank 96
    Volatility59.59%Volatility Rank 35
    Expected EPS Growth141.94%EPS Growth Rank 90
    Market Cap (billions)9.50Size Rank 90
    Trailing P/E Ratio124.15Trailing P/E Rank 26
    Forward P/E Ratio51.32Forward P/E Ratio Rank 8
    PEG Ratio0.87PEG Ratio Rank 49
    Price/Sales14.16Price/Sales Rank 9
    Market/Book17.90Market/Book Rank 7
    Beta1.92Beta Rank 16
    Alpha0.88Alpha Rank 97

    ValuEngine Market Overview

     

     

     

     

     

    Summary of VE Stock Universe
    Stocks Undervalued16.72%
    Stocks Overvalued83.28%
    Stocks Undervalued by 20%4.64%
    Stocks Overvalued by 20%47.32%

     

    ValuEngine Sector Overview

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    SectorChangeMTDYTDValuationLast 12-MReturnP/E Ratio
    Medical-0.52%0.66%12.51%34.39% overvalued49.18%30.88
    Computer and Technology-1.16%0.31%6.06%32.55% overvalued36.54%31.98
    Transportation-0.66%2.28%1.61%32.53% overvalued34.59%22.19
    Auto-Tires-Trucks-0.73%0.61%4.76%31.36% overvalued39.07%18.89
    Aerospace-1.18%0.87%4.71%30.12% overvalued54.65%22.05
    Consumer Discretionary-0.86%0.33%2.48%29.47% overvalued37.63%26.34
    Business Services-1.14%1.03%1.51%24.91% overvalued31.43%27.25
    Consumer Staples-0.82%0.63%1.21%24.48% overvalued23.53%23.76
    Industrial Products-1.33%0.70%2.54%24.47% overvalued35.74%22.78
    Multi-Sector Conglomerates-0.35%1.98%-0.18%20.41% overvalued14.36%18.34
    Finance-0.72%0.72%2.06%20.31% overvalued10.65%18.03
    Retail-Wholesale-0.79%1.20%-1.57%19.07% overvalued28.32%26.26
    Oils-Energy-1.34%0.09%2.43%16.02% overvalued18.82%26.99
    Basic Materials-1.06%-0.74%5.94%15.58% overvalued-8.50%24.93
    Utilities-0.76%-0.50%-0.45%15.48% overvalued9.56%21.45
    Construction-0.83%0.49%2.81%15.04% overvalued25.68%25.38

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

    Stocks: QIHU
Back To Steve Hach's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.