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
  • Standard Pacific Report, And Industrial Products Sector Stocks 0 comments
    Aug 18, 2014 11:51 AM | about stocks: CAA

    VALUATION WARNING: Our Valuation WARNING is back ON. Overvalued stocks now make up 66% of our stocks assigned a valuation and 22.69% of those equities are calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued--four by double digits.

    ValuEngine Index Overview

     

     

     

     

     

    Index Week Open Friday AM Change % Change YTD
    DJIA 16557.27 16649.3 92.03 0.56% 0.44%
    NASDAQ 4387.38 4450 62.62 1.43% 6.55%
    RUSSELL 2000 1136.48 1148.83 12.35 1.09% -1.27%
    S&P 500 1933.43 1948.93 15.5 0.80% 5.44%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued 34%
    Stocks Overvalued 66%
    Stocks Undervalued by 20% 9.93%
    Stocks Overvalued by 20% 22.69%
    ValuEngine Sector Overview

     
















    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Consumer Staples 0.33% 1.70% 5.39% 13.33% overvalued 12.42% 24.62
    Computer and Technology -0.04% 0.52% 3.19% 12.88% overvalued 11.96% 32.50
    Multi-Sector Conglomerates 0.17% 0.81% 3.72% 11.85% overvalued 12.20% 23.23
    Transportation 0.46% 1.51% 6.17% 11.70% overvalued 26.63% 21.63
    Medical 0.54% 1.10% 8.08% 9.70% overvalued 23.19% 28.97
    Oils-Energy -0.20% 0.44% 13.13% 9.66% overvalued 17.96% 28.00
    Aerospace -0.14% 1.17% -1.56% 9.23% overvalued 26.31% 19.38
    Auto-Tires-Trucks 0.20% 1.06% 3.52% 8.53% overvalued 14.56% 16.97
    Consumer Discretionary 0.50% 1.48% -0.13% 8.37% overvalued 11.07% 26.66
    Finance 0.24% 1.20% 3.14% 8.27% overvalued 9.04% 18.00
    Industrial Products 0.12% 0.47% -0.54% 7.40% overvalued 12.09% 22.42
    Business Services -0.00% 1.04% 0.35% 6.95% overvalued 16.00% 25.17
    Retail-Wholesale 0.52% 1.31% -4.10% 5.75% overvalued 0.80% 24.41
    Basic Materials -0.36% 0.74% 8.69% 5.60% overvalued 8.45% 27.60
    Utilities 0.42% 0.10% 6.76% 5.55% overvalued 11.36% 20.92
    Construction 0.83% 2.96% 1.64% 3.42% overvalued 12.09% 25.60
    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

    STANDARD PACIFIC CORP. operates primarily as a geographically diversified builder of medium-priced single-family homes with a majority of its operations in California. In addition, Co. assists homebuyers in obtaining financing for home purchases through Standard Pacific Savings. Co. is also engaged in the manufacture and marketing of moveable and acoustical office partitions and office furniture. .

    ValuEngine updated its recommendation from BUY to STRONG BUY for STANDARD PAC on 2014-08-14. Based on the information we have gathered and our resulting research, we feel that STANDARD PAC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.

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

    Read our Complete Detailed Valuation Report on Standard Pacific HERE.

    Sector Talk--Industrial Products

    Below, we present the latest data on Industrial Products 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.

    Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

    Top-Five Industrial Products Stocks--Short-Term Forecast Returns

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    PKG PACKAGING CORP 65.59 -15.05 19.62
    ACCO ACCO BRANDS CP 7 -9.18 -1.82
    DE DEERE & CO 84.89 -4.12 3.1
    MNTX MANITEX INT INC 12.05 -2.96 15.98
    ENS ENERSYS INC 61.77 -1.5 16.39

    Top-Five Industrial Products Stocks--Long-Term Forecast Returns

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    PKG PACKAGING CORP 65.59 -15.05 19.62
    ACCO ACCO BRANDS CP 7 -9.18 -1.82
    DE DEERE & CO 84.89 -4.12 3.1
    MNTX MANITEX INT INC 12.05 -2.96 15.98
    ENS ENERSYS INC 61.77 -1.5 16.39

    Top-Five Industrial Products Stocks--Composite Score

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    PKG PACKAGING CORP 65.59 -15.05 19.62
    DE DEERE & CO 84.89 -4.12 3.1
    ENS ENERSYS INC 61.77 -1.5 16.39
    AOS SMITH (AO) CORP 48.35 -13.26 14.3
    TTEK TETRA TECH NEW 25.35 -4.27 11.23

    Top-Five Industrial Products Stocks--Most Overvalued

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    PLUG PLUG POWER INC 6.11 88.23 1426.25
    NOR NORANDA ALUMINM 4.6 60.97 46.03
    NPO ENPRO INDUS INC 66.36 60.69 12.74
    HOLI HOLLYSYS AUTOMT 22.92 48.34 67.79
    JBT JOHN BEAN TECH 28.55 39.17 27.28

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: CAA
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


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.