TeeKay LNG Partners Leads 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

DAN

DANA INC

18.98

23.68%

44.77%

1.11%

13.28%

10.99

Auto-Tires-Trucks

LNC

LINCOLN NATL-IN

66.67

16.35%

36.98%

1.09%

13.13%

10.63

Finance


Below is today's data on Teekay LNG Partners L.P. (TGP):

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.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

15.07 1.50%

3-Month

14.99 0.96%

6-Month

15.00 1.01%

1-Year

17.55 18.18%

2-Year

12.64 -14.88%

3-Year

9.01 -39.30%

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

Volatility

38.32%

Volatility Rank(?)

44

Expected EPS Growth

-12.61%

EPS Growth 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

Price/Sales

2.86

Price/Sales Rank(?)

36

Market/Book

0.79

Market/Book Rank(?)

85

Beta

1.21

Beta Rank

30

Alpha

-0.46

Alpha Rank

10

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

33.98%

Stocks Overvalued

66.02%

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

Oils-Energy

0.04%

3.65%

33.52%

19.73% overvalued

32.23%

25.30

Finance

0.29%

2.82%

17.27%

17.60% overvalued

14.36%

18.08

Transportation

-0.22%

1.83%

19.37%

16.97% overvalued

9.90%

18.47

Aerospace

-0.19%

-1.02%

11.77%

16.27% overvalued

13.20%

19.71

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

Construction

0.15%

2.53%

37.83%

12.04% overvalued

24.94%

20.61

Utilities

0.43%

2.47%

15.61%

10.30% overvalued

18.64%

22.09

Retail-Wholesale

0.67%

2.24%

5.27%

9.48% overvalued

8.18%

23.81

Auto-Tires-Trucks

-0.15%

1.90%

12.62%

8.57% overvalued

22.92%

14.85

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

Medical

-0.19%

0.16%

0.15%

3.97% undervalued

-9.78%

27.81

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

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