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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

     

     

     

     

     

    IndexWeek OpenThurs. CloseChange% ChangeYTD
    DJIA16303.2816264.23-39.05-0.24%-1.18%
    NASDAQ4289.494151.23-138.26-3.22%0.22%
    RUSSELL 20001196.021151.44-44.58-3.73%-0.26%
    S&P 5001867.671849.04-18.63-1.00%0.83%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued21.24%
    Stocks Overvalued78.76%
    Stocks Undervalued by 20%6.14%
    Stocks Overvalued by 20%39.88%
    ValuEngine Sector Overview

     
















    SectorChangeMTDYTDValuationLast 12-MReturnP/E Ratio
    Medical-0.55%-2.45%8.46%25.54% overvalued45.36%29.17
    Computer and Technology-0.66%-2.19%3.23%25.16% overvalued33.00%30.77
    Auto-Tires-Trucks-0.53%-2.44%1.37%25.11% overvalued43.40%17.27
    Aerospace-0.45%0.25%4.09%24.29% overvalued46.50%20.92
    Transportation-0.28%0.20%-0.53%23.72% overvalued25.41%21.54
    Consumer Staples-0.06%-0.26%0.08%22.81% overvalued21.67%23.72
    Consumer Discretionary-0.76%-2.34%-0.76%21.30% overvalued31.14%26.52
    Business Services-0.41%0.33%0.69%19.09% overvalued27.70%26.65
    Industrial Products-0.23%-1.52%0.28%17.74% overvalued28.38%22.16
    Finance-0.30%-0.27%1.05%17.08% overvalued9.47%17.88
    Multi-Sector Conglomerates0.49%1.07%-1.15%16.69% overvalued13.10%18.46
    Utilities0.42%-0.39%-0.51%16.29% overvalued10.86%21.65
    Oils-Energy0.49%0.27%2.47%14.49% overvalued16.78%26.72
    Retail-Wholesale-0.18%-1.41%-4.11%14.38% overvalued22.27%25.10
    Construction-0.19%-1.30%0.90%10.08% overvalued23.24%24.87
    Basic Materials0.10%-2.02%4.01%9.41% overvalued-10.46%24.47

    ValuEngine Newsletters Latest Results

     

     

     

     

     

    VE NewsletterCurrent ResultsS&P 500Last Month TotalS&P 500Since InceptionS&P 500
    Forecast MNS-0.14-0.53-0.750.9896.76103.48
    Dividend Stock-0.17-0.890.972.1516.1820.18
    Small Cap Stock-4.55-0.451.15-1.2138.6133.93
    View-0.37-1.240.202.3898.1865.33

     

    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

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    BMABANCO MACRO-ADR26.12-15.3472.3
    GLREGREENLIGHT CAP32.77-3.0634.36
    PRUPRUDENTIAL FINL85.181.4242.94
    AFSIAMTRUST FIN SVC38.05-14.9420.34
    FIGFORTRESS INVEST7.35-22.6912.56

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

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    BMABANCO MACRO-ADR26.12-15.3472.3
    GLREGREENLIGHT CAP32.77-3.0634.36
    PRUPRUDENTIAL FINL85.181.4242.94
    AFSIAMTRUST FIN SVC38.05-14.9420.34
    FIGFORTRESS INVEST7.35-22.6912.56

    Top-Five Finance Stocks--Composite Score

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    BMABANCO MACRO-ADR26.12-15.3472.3
    PRUPRUDENTIAL FINL85.181.4242.94
    REEVEREST RE LTD149.95-10.4516.75
    FIGFORTRESS INVEST7.35-22.6912.56
    AFSIAMTRUST FIN SVC38.05-14.9420.34

    Top-Five Finance Stocks--Most Overvalued

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    STSASTERLING FIN WA32.9330050.3
    CPFCENTRAL PAC FIN20.0130025.22
    FBCFLAGSTAR BANCP21.75282.0257.27
    BXMTBLACKSTONE MRTG29.25221.453.72
    EHTHEHEALTH INC48.75102.45165.52

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

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