Long/Short Equity, Long Only
Contributor Since 2010
VALUATION WARNING: Overvalued stocks now make up 66.02% of our stocks assigned a valuation and 34.8% of those equities are calculated to be overvalued by 20% or more. Fifteen sectors are calculated to be overvalued.Fill The Tank --TeeKay LNG Partners Leads ValuEngine Upgrade List
ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.
We combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market. Two factors can lower these figures-- a market pullback, or a significant rise in EPS estimates.
We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.
For today's edition of our upgrade list, we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Teekay LNG Partners L.P. (TGP) is our top-rated upgrade this week and it is a STRONG BUY. The other components of our top-five this week are also rated STRONG BUY
|Ticker||Company Name||Market Price||Valuation||Last 12-M Return||1-M Forecast Return||1-Yr Forecast Return||P/E Ratio||Sector Name|
|TGP||TEEKAY LNG PTNR||14.85||-51.42%||46.02%||1.50%||18.18%||7.69||Transportation|
|YRD||YIRENDAI LTD||23.12||N/A||154.07%||1.50%||18.11%||9.78||Computer and Technology|
|ACTG||ACACIA RESEARCH||7.1||-1.59%||60.63%||1.21%||14.52%||14.11||Business Services|
Below is today's data on Teekay LNG Partners L.P. :
Teekay LNG Partners L.P. is a Marshall Islands partnership recently formed by Teekay Shipping Corporation as part of its strategy to expand its operations in the liquefied natural gas shipping sector. Teekay LNG Partners provides liquefied natural gas and crude oil marine transportation services under long-term, fixed-rate contracts with major energy and utility companies through its fleet of seven LNG carriers and five Suezmax class crude oil tankers.
VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for Teekay LNG Partners on 2016-12-19. Based on the information we have gathered and our resulting research, we feel that Teekay LNG Partners has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Book Market Ratio.
|Valuation & Rankings|
|Valuation||51.42% undervalued||Valuation Rank(?)||95|
|1-M Forecast Return||1.50%||1-M Forecast Return Rank||100|
|12-M Return||46.02%||Momentum Rank(?)||83|
|Sharpe Ratio||-0.39||Sharpe Ratio Rank(?)||24|
|5-Y Avg Annual Return||-14.81%||5-Y Avg Annual Rtn Rank||27|
|Expected EPS Growth||-12.61%||EPSGrowth Rank(?)||11|
|Market Cap (billions)||1.14||Size Rank||66|
|Trailing P/E Ratio||7.69||Trailing P/E Rank(?)||97|
|Forward P/E Ratio||8.80||Forward P/E Ratio Rank||89|
|PEG Ratio||n/a||PEG Ratio Rank||n/a|
|Summary of VE Stock Universe|
|Stocks Undervalued by 20%||15.65%|
|Stocks Overvalued by 20%||34.8%|
ValuEngine Sector Overview
|Sector||Change||MTD||YTD||Valuation||Last 12-MReturn||P/E Ratio|
|Multi-Sector Conglomerates||0.12%||2.54%||13.74%||22.66% overvalued||14.91%||19.27|
|Industrial Products||0.38%||2.67%||27.76%||21.82% overvalued||25.22%||24.52|
|Computer and Technology||0.37%||2.17%||22.83%||13.03% overvalued||12.86%||29.76|
|Business Services||0.29%||2.56%||26.14%||12.87% overvalued||7.63%||24.11|
|Basic Materials||-0.68%||-0.38%||50.90%||12.08% overvalued||63.59%||26.60|
|Consumer Staples||0.04%||2.49%||10.20%||6.73% overvalued||9.52%||24.08|
|Consumer Discretionary||-0.09%||2.25%||12.74%||6.73% overvalued||17.04%||24.04|
ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.