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ValuEngine Upgrades Qihoo 360 Technology To Strong Buy

|Includes:QIHOO 360 Technology Co. Ltd. (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-Month 117.07 1.39%
3-Month 120.36 4.24%
6-Month 125.37 8.58%
1-Year 134.75 16.70%
2-Year 162.30 40.56%
3-Year 117.01 1.34%
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Valuation & Rankings
Valuation 13.62% undervalued Valuation Rank 92
1-M Forecast Return 1.39% 1-M Forecast Return Rank 100
12-M Return 262.97% Momentum Rank 99
Sharpe Ratio 0.75 Sharpe Ratio Rank 80
5-Y Avg Annual Return 44.90% 5-Y Avg Annual Rtn Rank 96
Volatility 59.59% Volatility Rank 35
Expected EPS Growth 141.94% EPS Growth Rank 90
Market Cap (billions) 9.50 Size Rank 90
Trailing P/E Ratio 124.15 Trailing P/E Rank 26
Forward P/E Ratio 51.32 Forward P/E Ratio Rank 8
PEG Ratio 0.87 PEG Ratio Rank 49
Price/Sales 14.16 Price/Sales Rank 9
Market/Book 17.90 Market/Book Rank 7
Beta 1.92 Beta Rank 16
Alpha 0.88 Alpha Rank 97
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ValuEngine Market Overview

 

 

 

 

 

Summary of VE Stock Universe
Stocks Undervalued 16.72%
Stocks Overvalued 83.28%
Stocks Undervalued by 20% 4.64%
Stocks Overvalued by 20% 47.32%
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ValuEngine Sector Overview

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Medical -0.52% 0.66% 12.51% 34.39% overvalued 49.18% 30.88
Computer and Technology -1.16% 0.31% 6.06% 32.55% overvalued 36.54% 31.98
Transportation -0.66% 2.28% 1.61% 32.53% overvalued 34.59% 22.19
Auto-Tires-Trucks -0.73% 0.61% 4.76% 31.36% overvalued 39.07% 18.89
Aerospace -1.18% 0.87% 4.71% 30.12% overvalued 54.65% 22.05
Consumer Discretionary -0.86% 0.33% 2.48% 29.47% overvalued 37.63% 26.34
Business Services -1.14% 1.03% 1.51% 24.91% overvalued 31.43% 27.25
Consumer Staples -0.82% 0.63% 1.21% 24.48% overvalued 23.53% 23.76
Industrial Products -1.33% 0.70% 2.54% 24.47% overvalued 35.74% 22.78
Multi-Sector Conglomerates -0.35% 1.98% -0.18% 20.41% overvalued 14.36% 18.34
Finance -0.72% 0.72% 2.06% 20.31% overvalued 10.65% 18.03
Retail-Wholesale -0.79% 1.20% -1.57% 19.07% overvalued 28.32% 26.26
Oils-Energy -1.34% 0.09% 2.43% 16.02% overvalued 18.82% 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% overvalued 9.56% 21.45
Construction -0.83% 0.49% 2.81% 15.04% overvalued 25.68% 25.38
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: QIHU