Activision-Blizzard (ATVI) is up 54% since we initiated our bullish coverage on the video game giant back in March 17th 2017. ATVI is currently trading at a P/E of 42 by GAAP standards while the S&P 500 index is trading at an P/E of 26. This leads many investors to believe that ATVI is overvalued. However, GAAP P/E is a deceitful measurement of ATVI's profitability due to the company's heavy non-cash depreciation and amortization expenses.
In this article, we'll look at more valuable metrics of profitability such as operating cash flow and free cash flow to show that ATVI is actually undervalued relative to its peers and the market as a whole. Furthermore, we will update our free cash flow-based DCF model to show that ATVI has a 33% upside from its current price.
Top 5 Undervalued Stocks To Invest In Right Now: Aaron's, Inc.(AAN)
Advisors' Opinion:- [By Shane Hupp]
Get a free copy of the Zacks research report on Aaron’s (AAN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Mutual of America Capital Management LLC lifted its stake in shares of Aaron’s, Inc. (NYSE:AAN) by 4.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 53,230 shares of the company’s stock after purchasing an additional 2,213 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Aaron’s were worth $2,313,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Los Angeles Capital Management & Equity Research Inc. reduced its position in shares of Aaron’s, Inc. (NYSE:AAN) by 17.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,145 shares of the company’s stock after selling 9,300 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned 0.06% of Aaron’s worth $1,918,000 at the end of the most recent quarter.
- [By Joseph Griffin]
Aaron’s (NYSE:AAN) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Friday.
- [By Logan Wallace]
Wall Street analysts predict that Aaron’s, Inc. (NYSE:AAN) will announce $948.59 million in sales for the current fiscal quarter, Zacks reports. Seven analysts have made estimates for Aaron’s’ earnings, with the lowest sales estimate coming in at $937.80 million and the highest estimate coming in at $953.43 million. Aaron’s reported sales of $838.88 million during the same quarter last year, which would suggest a positive year over year growth rate of 13.1%. The company is expected to announce its next earnings results on Friday, October 26th.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Aaron’s (AAN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Undervalued Stocks To Invest In Right Now: GlycoMimetics, Inc.(GLYC)
Advisors' Opinion:- [By Logan Wallace]
Allianz Asset Management GmbH purchased a new stake in GlycoMimetics Inc (NASDAQ:GLYC) during the 1st quarter, Holdings Channel reports. The firm purchased 73,433 shares of the biotechnology company’s stock, valued at approximately $1,192,000.
- [By Joseph Griffin]
GlycoMimetics (NASDAQ:GLYC)‘s stock had its “buy” rating reiterated by equities research analysts at Stifel Nicolaus in a research report issued to clients and investors on Sunday. They presently have a $24.00 price target on the biotechnology company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 64.16% from the company’s previous close.
- [By Max Byerly]
BidaskClub downgraded shares of GlycoMimetics (NASDAQ:GLYC) from a sell rating to a strong sell rating in a research report sent to investors on Saturday morning.
- [By Motley Fool Transcribing]
GlycoMimetics (NASDAQ:GLYC) Q2 2018 Earnings Conference CallAug. 10, 2018 8:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Top 5 Undervalued Stocks To Invest In Right Now: Eaton Vance Enhanced Equity Income Fund II(EOS)
Advisors' Opinion:- [By Ethan Ryder]
EOS (CURRENCY:EOS) traded 2.8% lower against the dollar during the 24-hour period ending at 23:00 PM E.T. on August 25th. In the last week, EOS has traded down 4% against the dollar. EOS has a total market capitalization of $4.43 billion and approximately $344.84 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be bought for about $4.89 or 0.00073541 BTC on popular exchanges including Kucoin, Mercatox, ChaoEX and Bitfinex.
- [By Shane Hupp]
EOS (CURRENCY:EOS) traded up 9.3% against the US dollar during the 1 day period ending at 20:00 PM E.T. on July 2nd. During the last week, EOS has traded up 8.5% against the US dollar. One EOS token can now be purchased for $8.89 or 0.00135160 BTC on exchanges including Zebpay, CoinEx Market, ChaoEX and Tidex. EOS has a market cap of $7.96 billion and $1.02 billion worth of EOS was traded on exchanges in the last day.
- [By Joseph Griffin]
EOS (CURRENCY:EOS) traded 0.7% higher against the U.S. dollar during the 1 day period ending at 16:00 PM ET on July 4th. In the last seven days, EOS has traded 13.1% higher against the U.S. dollar. One EOS token can now be purchased for approximately $9.05 or 0.00135304 BTC on major cryptocurrency exchanges including DragonEX, ChaoEX, Hotbit and HitBTC. EOS has a market cap of $8.11 billion and approximately $912.71 million worth of EOS was traded on exchanges in the last 24 hours.
Top 5 Undervalued Stocks To Invest In Right Now: Plantronics Inc.(PLT)
Advisors' Opinion:- [By Logan Wallace]
Plantronics (NYSE: PLT) and Ciena (NYSE:CIEN) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, earnings, institutional ownership and dividends.
- [By Stephan Byrd]
Lapides Asset Management LLC reduced its position in shares of Plantronics Inc (NYSE:PLT) by 36.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,200 shares of the technology company’s stock after selling 24,100 shares during the quarter. Lapides Asset Management LLC’s holdings in Plantronics were worth $3,218,000 at the end of the most recent quarter.
- [By Joseph Griffin]
TRADEMARK VIOLATION NOTICE: “Brian S. Dexheimer Sells 500 Shares of Plantronics (PLT) Stock” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3355123/brian-s-dexheimer-sells-500-shares-of-plantronics-plt-stock.html.
Top 5 Undervalued Stocks To Invest In Right Now: Rex Energy Corporation(REXX)
Advisors' Opinion:- [By Stephan Byrd]
News stories about Rex Energy (NASDAQ:REXX) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rex Energy earned a news impact score of 0.07 on Accern’s scale. Accern also gave news articles about the oil and gas exploration company an impact score of 45.4610840717308 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
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