This week, we provide top-five ranked VE data for our Utilities stocks. We take a look at our latest data on Apple $AAPL. We have re-instituted our Valuation Watch.
VALUATION: Overvalued stocks now make up 60.8% of our stocks assigned a valuation and 23.21% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued. Overvaluation has creeped back up and is now above–barely–60%. We have re-implemented our Valuation Watch.
ValuEngine Index Overview
| Index | Week Open | Friday AM | Change | % Change | YTD |
| DJIA | 21434.68 | 21389.08 | -45.6 | -0.21% | 8.23% |
| NASDAQ | 6292.73 | 6166.85 | -125.88 | -2.00% | 14.56% |
| RUSSELL 2000 | 1415.12 | 1416.73 | 1.61 | 0.11% | 4.39% |
| S&P 500 | 2443.32 | 2429.61 | -13.71 | -0.56% | 8.52% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 39.92% |
| Stocks Overvalued | 60.08% |
| Stocks Undervalued by 20% | 18.39% |
| Stocks Overvalued by 20% | 23.21% |
ValuEngine Sector Overview
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Multi-Sector Conglomerates | -0.24% | 1.50% | 8.75% | 17.03% overvalued | 15.04% | 20.56 |
| Computer and Technology | -1.28% | -0.63% | 16.94% | 13.01% overvalued | 25.97% | 31.18 |
| Aerospace | -0.71% | -1.72% | 3.70% | 12.59% overvalued | 30.16% | 21.13 |
| Finance | -0.05% | 2.68% | 5.51% | 9.50% overvalued | 18.37% | 18.11 |
| Industrial Products | -0.68% | 1.90% | 7.07% | 9.10% overvalued | 22.96% | 24.05 |
| Consumer Discretionary | -0.36% | 1.89% | 9.60% | 6.80% overvalued | 23.76% | 26.03 |
| Utilities | -0.44% | 0.06% | 7.94% | 6.74% overvalued | 11.08% | 23.07 |
| Construction | -0.34% | 4.00% | 9.25% | 6.70% overvalued | 22.51% | 22.26 |
| Transportation | -0.19% | 5.28% | 8.71% | 4.35% overvalued | 23.63% | 22.51 |
| Consumer Staples | -0.63% | 0.16% | 4.55% | 3.56% overvalued | 12.44% | 25.58 |
| Business Services | -0.92% | -0.20% | 5.98% | 3.53% overvalued | 10.78% | 25.16 |
| Auto-Tires-Trucks | -0.47% | 3.60% | 15.69% | 3.34% overvalued | 35.13% | 14.75 |
| Medical | -0.65% | 5.62% | 17.22% | 2.51% overvalued | 13.80% | 28.66 |
| Basic Materials | -0.37% | 0.81% | 5.14% | 2.92% undervalued | 14.43% | 25.31 |
| Retail-Wholesale | -0.55% | -1.17% | 0.53% | 5.74% undervalued | 7.10% | 23.20 |
| Oils-Energy | 0.15% | -1.20% | -6.56% | 13.42% undervalued | -2.65% | 29.40 |
Sector Talk–Utilities
Below, we present the latest data on Utilities stocks from our Professional Stock Analysis Service. 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 Utilities Stocks–Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| TEF | TELEFONICA S.A. | 10.55 | -9.80666 | 20.57143 |
| BIP | BROOKFIELD INFR | 41.12 | 15.05417 | 46.29807 |
| NRG | NRG ENERGY INC | 17.32 | -36.8183 | 22.05779 |
| TEO | TELECOM ARGENTI | 24.36 | 36.50827 | 31.67568 |
| SBS | SABESP -ADR | 9.28 | -17.6546 | 6.666666 |
Top-Five Utilities Stocks–Momentum
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| TEF | TELEFONICA S.A. | 10.55 | -9.80666 | 20.57143 |
| NRG | NRG ENERGY INC | 17.32 | -36.8183 | 22.05779 |
| SBS | SABESP -ADR | 9.28 | -17.6546 | 6.666666 |
| BIP | BROOKFIELD INFR | 41.12 | 15.05417 | 46.29807 |
| EXC | EXELON CORP | 36.19 | -6.27348 | 3.755727 |
Top-Five Utilities Stocks–Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| POLA | POLAR POWER INC | 5.01 | n/a | n/a |
| FTS | FORTIS INC | 35.63 | n/a | n/a |
| SPKE | SPARK ENERGY | 22 | n/a | n/a |
| WAAS | AQUAVENTURE HLD | 16.18 | n/a | n/a |
| PAM | PAMPA ENERGIA | 59.16 | n/a | 120.4173 |
Top-Five Utilities Stocks–Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| SHEN | SHENANDOAH TELE | 30.45 | 110.4811 | -16.5982 |
| VG | VONAGE HOLDINGS | 6.81 | 39.57531 | 17.2117 |
| TEO | TELECOM ARGENTI | 24.36 | 36.50827 | 31.67568 |
| CWT | CALIF WATER SVC | 36.05 | 35.06397 | 5.780509 |
| S | SPRINT CORP | 8.28 | 30.78452 | 91.22401 |
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Apple Inc. (AAPL) is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.
VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on APPLE INC for 2017-06-29. Based on the information we have gathered and our resulting research, we feel that APPLE INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum. .
You can download a free copy of detailed report on Apple Inc. (AAPL) from the link below.
Read our Complete Rating and Forecast Report HERE.
| ValuEngine Forecast | ||
| Target Price* | Expected Return | |
|---|---|---|
| 1-Month | 144.82 | 0.79% |
| 3-Month | 145.53 | 1.29% |
| 6-Month | 151.59 | 5.50% |
| 1-Year | 157.36 | 9.52% |
| 2-Year | 169.96 | 18.29% |
| 3-Year | 181.60 | 26.39% |
| Valuation & Rankings | |||
| Valuation | 18.71% overvalued | Valuation Rank(?) | 25 |
| 1-M Forecast Return | 0.79% | 1-M Forecast Return Rank | 94 |
| 12-M Return | 52.20% | Momentum Rank(?) | 85 |
| Sharpe Ratio | 0.51 | Sharpe Ratio Rank(?) | 74 |
| 5-Y Avg Annual Return | 12.31% | 5-Y Avg Annual Rtn Rank | 75 |
| Volatility | 24.23% | Volatility Rank(?) | 62 |
| Expected EPS Growth | 12.76% | EPS Growth Rank(?) | 47 |
| Market Cap (billions) | 836.90 | Size Rank | 100 |
| Trailing P/E Ratio | 16.61 | Trailing P/E Rank(?) | 75 |
| Forward P/E Ratio | 14.73 | Forward P/E Ratio Rank | 62 |
| PEG Ratio | 1.30 | PEG Ratio Rank | 37 |
| Price/Sales | 3.80 | Price/Sales Rank(?) | 29 |
| Market/Book | 6.64 | Market/Book Rank(?) | 21 |
| Beta | 1.26 | Beta Rank | 26 |
| Alpha | 0.25 | Alpha Rank | 84 |
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