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Food Additive Manufacturer Senomyx (SNMX,$SNMX) Leads Forecast Screen

|Includes: Senomyx, Inc. (SNMX)

Food Additive Manufacturer Senomyx (SNMX,$SNMX) Leads Forecast Screen

Flavoring manufacturer Senomyx uses proprietary taste receptor technologies to discover and develop novel flavor ingredients in the savory, sweet, salt, bitter, and cooling areas. Senomyx has entered into flavoring manufacturer product discovery and development collaborations with seven of the world's leading food, beverage, and ingredient supply companies: Ajinomoto Co., Inc., Cadbury plc, Campbell Soup Company, The Coca-Cola Company, Firmenich SA, Nestle SA, and Solae. Nestle is currently marketing products that contain one of Senomyx's flavor ingredients.

A screen for undervalued/top-ranked one-month forecast stocks with market prices in excess of $3.00 and average volume in excess of 100k shares/day performed with our Institutional software package (VEI) found Senomyx near the top of the list.

ValuEngine has issued a STRONG BUY recommendation for Senomyx on Apr. 07, 2011. Based on the information we have gathered and our resulting research, we feel that Senomyx has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE momentum, market valuation and expected EPS growth.

Based on available data as of Apr. 07, 2011, we believe that SNMX should be trading at $8.82. This makes SNMX 29.73% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For SNMX, we base this on actual earnings per share (NYSEARCA:EPS) for the previous four quarters of -$0.29, forecasted EPS for the next four quarters of -$0.14, and correlations to the 30-year Treasury bond yield of 4.59%.