Home Builder Giant M/I Homes Is The Top Upgrade For This Week

For today's edition of our upgrade list, we searched for upgrades to "buy" or "strong buy" with complete forecast and valuation data. They are presented by one-month forecast return. Home-building giant M/I Homes (MHO) Redwood Trust (RWT ) is our top-rated upgrade this week and it is a "strong buy". Magnachip Semiconductor, the number two upgrade this week, is also a "strong buy". The other components in our list are BUY-rated companies.

Ticker

Company Name

Market Price

Valuation

Last 12-M Return

1-M Forecast Return

1-Yr Forecast Return

P/E Ratio

Sector Name

MHO

M/I HOMES INC

26

2.92%

47.48%

1.10%

13.17%

10.04

Construction

MX

MAGNACHIP SEMI

8.65

17.74%

97.49%

1.08%

13.03%

14.66

Computer and Technology

CNOB

CONNECTONE BCP

25.85

22.05%

58.88%

0.77%

9.20%

16.79

Finance

TUP

TUPPERWARE BRND

58

3.72%

31.91%

0.71%

8.48%

13.46

Consumer Staples

GCAP

GAIN CAP HLDGS

7.58

16.80%

16.26%

0.58%

7.01%

10.11

Finance

Below is today's data on M/I Homes, Inc. (MHO):

M/I Homes, Inc. is one of the nation's leading builders of single-family homes. Their homes are marketed and sold under the trade names M/I Homes and Showcase Homes. They have homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Tampa, Orlando and Palm Beach County, Florida; Charlotte and Raleigh, North Carolina; Virginia and Maryland.

Recommendation: We updated our recommendation from BUY to STRONG BUY for M/I Homes on 2017-01-27. Based on the information we have gathered and our resulting research, we feel that M/I Homes has the probability to outperform an average market performance for the next year. The company exhibits attractive P/E Ratio and Price Sales Ratio.
 

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

26.28 1.10%

3-Month

26.44 1.69%

6-Month

26.77 2.95%

1-Year

29.42 13.17%

2-Year

26.21 0.82%

3-Year

25.12 -3.39%

 

Valuation & Rankings

Valuation

2.92% overvalued

Valuation Rank

63

1-M Forecast Return

1.10%

1-M Forecast Return Rank

98

12-M Return

47.48%

Momentum Rank

74

Sharpe Ratio

0.63

Sharpe Ratio Rank

83

5-Y Avg Annual Return

19.29%

5-Y Avg Annual Rtn Rank

88

Volatility

30.82%

Volatility Rank

53

Expected EPS Growth

16.22%

EPS Growth Rank

51

Market Cap (billions)

0.64

Size Rank

57

Trailing P/E Ratio

10.04

Trailing P/E Rank

93

Forward P/E Ratio

8.64

Forward P/E Ratio Rank

91

PEG Ratio

0.62

PEG Ratio Rank

56

Price/Sales

0.39

Price/Sales Rank

88

Market/Book

1.01

Market/Book Rank

79

Beta

1.06

Beta Rank

38

Alpha

0.04

Alpha Rank

58

Market Overview

Summary of VE Stock Universe

Stocks Undervalued

33.31%

Stocks Overvalued

66.69%

Stocks Undervalued by 20%

14.43%

Stocks Overvalued by 20%

34.21%

Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Industrial Products

0.07% 3.80% 3.80% 23.02% overvalued 38.56% 25.31

Multi-Sector Conglomerates

-0.51% 3.36% 3.36% 19.89% overvalued 29.90% 20.30

Transportation

-0.26% 5.79% 5.79% 18.93% overvalued 34.23% 19.05

Oils-Energy

-0.64% 4.07% 4.07% 17.57% overvalued 51.48% 28.61

Basic Materials

0.55% 8.70% 8.68% 17.35% overvalued 93.54% 29.61

Aerospace

0.44% 2.23% 2.23% 16.82% overvalued 29.32% 20.78

Finance

-0.35% 1.45% 1.45% 16.35% overvalued 26.02% 18.13

Construction

-0.39% 2.94% 2.94% 15.57% overvalued 43.55% 21.16

Business Services

-0.20% 1.78% 1.78% 13.06% overvalued 20.41% 24.49

Computer and Technology

0.15% 4.40% 4.98% 12.65% overvalued 26.59% 30.94

Utilities

0.01% 2.66% 2.66% 11.85% overvalued 26.08% 22.25

Auto-Tires-Trucks

-0.28% 2.87% 2.87% 9.34% overvalued 40.59% 15.02

Consumer Staples

-0.08% 1.80% 1.80% 7.18% overvalued 15.92% 23.87

Consumer Discretionary

-0.13% 1.50% 1.50% 6.91% overvalued 26.55% 24.04

Retail-Wholesale

-0.80% -1.40% -1.40% 0.18% undervalued 11.64% 22.82

Medical

0.12% 4.05% 4.05% 4.30% undervalued 7.33% 28.15

 

Disclaimer: ValuEngine.com is an independent research ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.