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Steve Hach
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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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  • Checking The Top 5s Finance Sector 0 comments
    Mar 31, 2014 1:42 PM | about stocks: BMA, GLRE, PRU, AFSI, FIG, BRE, STSA, CPF, FBC, BXMT, EHTH

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 78.76% of our stocks assigned a valuation and almost 40% of those equities are calculated to be overvalued by 20% or more. ALL sectors are again calculated to be overvalued--15 by double digits.

    ValuEngine Index Overview

     

     

     

     

     

    Index Week Open Thurs. Close Change % Change YTD
    DJIA 16303.28 16264.23 -39.05 -0.24% -1.18%
    NASDAQ 4289.49 4151.23 -138.26 -3.22% 0.22%
    RUSSELL 2000 1196.02 1151.44 -44.58 -3.73% -0.26%
    S&P 500 1867.67 1849.04 -18.63 -1.00% 0.83%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued 21.24%
    Stocks Overvalued 78.76%
    Stocks Undervalued by 20% 6.14%
    Stocks Overvalued by 20% 39.88%
    ValuEngine Sector Overview

     
















    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Medical -0.55% -2.45% 8.46% 25.54% overvalued 45.36% 29.17
    Computer and Technology -0.66% -2.19% 3.23% 25.16% overvalued 33.00% 30.77
    Auto-Tires-Trucks -0.53% -2.44% 1.37% 25.11% overvalued 43.40% 17.27
    Aerospace -0.45% 0.25% 4.09% 24.29% overvalued 46.50% 20.92
    Transportation -0.28% 0.20% -0.53% 23.72% overvalued 25.41% 21.54
    Consumer Staples -0.06% -0.26% 0.08% 22.81% overvalued 21.67% 23.72
    Consumer Discretionary -0.76% -2.34% -0.76% 21.30% overvalued 31.14% 26.52
    Business Services -0.41% 0.33% 0.69% 19.09% overvalued 27.70% 26.65
    Industrial Products -0.23% -1.52% 0.28% 17.74% overvalued 28.38% 22.16
    Finance -0.30% -0.27% 1.05% 17.08% overvalued 9.47% 17.88
    Multi-Sector Conglomerates 0.49% 1.07% -1.15% 16.69% overvalued 13.10% 18.46
    Utilities 0.42% -0.39% -0.51% 16.29% overvalued 10.86% 21.65
    Oils-Energy 0.49% 0.27% 2.47% 14.49% overvalued 16.78% 26.72
    Retail-Wholesale -0.18% -1.41% -4.11% 14.38% overvalued 22.27% 25.10
    Construction -0.19% -1.30% 0.90% 10.08% overvalued 23.24% 24.87
    Basic Materials 0.10% -2.02% 4.01% 9.41% overvalued -10.46% 24.47
    ValuEngine Newsletters Latest Results

     

     

     

     

     

    VE Newsletter Current Results S&P 500 Last Month Total S&P 500 Since Inception S&P 500
    Forecast MNS -0.14 -0.53 -0.75 0.98 96.76 103.48
    Dividend Stock -0.17 -0.89 0.97 2.15 16.18 20.18
    Small Cap Stock -4.55 -0.45 1.15 -1.21 38.61 33.93
    View -0.37 -1.24 0.20 2.38 98.18 65.33

     

    Free Download for Readers

    As a bonus to our Free Weekly Newsletter subscribers,
    we are offering a FREE DOWNLOAD of one of our Stock Reports

    Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. The Company operates in two segments: Citicorp, consisting of the Company's Global Consumer Banking businesses and Institutional Clients Group, and Citi Holdings, consisting of Brokerage and Asset Management, Local Consumer Lending and Special Asset Pool. In February 2012, it sold its 9.85% interest in Housing Development Finance Corporation Ltd. In May 2012, it sold 10.1% interest in Akbank T.A.S. In September 2012, the Company sold EMI Group's recorded music division, EMI Music, to Vivendi and subsidiary, Universal Music Group. In August 2013, Pershing Square Capital Management sold 18% interest to Citigroup Inc.

    ValuEngine continues its HOLD recommendation on CITIGROUP INC for 2014-03-27. Based on the information we have gathered and our resulting research, we feel that CITIGROUP INC has the probability to ROUGHLY MATCH average market performance for the next year. The company exhibits ATTRACTIVE Company Size but UNATTRACTIVE Volatility.

    Read our Detailed Valuation Stock Report for Citigroup FREE HERE.

    Sector Talk--Finance

    Below, we present the latest data on Finance stocks from our Institutional software package (Pending:VEI). Top five lists are provided for each category. We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares.

    Top-Five Finance Stocks--Short-Term Forecast Returns

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    BMA BANCO MACRO-ADR 26.12 -15.34 72.3
    GLRE GREENLIGHT CAP 32.77 -3.06 34.36
    PRU PRUDENTIAL FINL 85.18 1.42 42.94
    AFSI AMTRUST FIN SVC 38.05 -14.94 20.34
    FIG FORTRESS INVEST 7.35 -22.69 12.56

    Top-Five Finance Stocks--Long-Term Forecast Returns

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    BMA BANCO MACRO-ADR 26.12 -15.34 72.3
    GLRE GREENLIGHT CAP 32.77 -3.06 34.36
    PRU PRUDENTIAL FINL 85.18 1.42 42.94
    AFSI AMTRUST FIN SVC 38.05 -14.94 20.34
    FIG FORTRESS INVEST 7.35 -22.69 12.56

    Top-Five Finance Stocks--Composite Score

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    BMA BANCO MACRO-ADR 26.12 -15.34 72.3
    PRU PRUDENTIAL FINL 85.18 1.42 42.94
    RE EVEREST RE LTD 149.95 -10.45 16.75
    FIG FORTRESS INVEST 7.35 -22.69 12.56
    AFSI AMTRUST FIN SVC 38.05 -14.94 20.34

    Top-Five Finance Stocks--Most Overvalued

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    STSA STERLING FIN WA 32.93 300 50.3
    CPF CENTRAL PAC FIN 20.01 300 25.22
    FBC FLAGSTAR BANCP 21.75 282.02 57.27
    BXMT BLACKSTONE MRTG 29.25 221.45 3.72
    EHTH EHEALTH INC 48.75 102.45 165.52

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

    Stocks: BMA, GLRE, PRU, AFSI, FIG, BRE, STSA, CPF, FBC, BXMT, EHTH
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