Undervalued Large-Cap Stocks on NAS February 2024

February 20, 2024

Large-Cap

Mid-Cap stocks have a market capitalization between $2 billion and $10 billion.

NASDAQ

The National Association of Securities Dealers Automated Quotations (Nasdaq) located in New York City, is the most active stock exchange by volume in the United States.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued stocks on the NAS

Stocks in this category are held primarily for potential income and capital appreciation.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
COO Cooper Companies 93.00 227.10 134.10 (144.2%) 243941 4631.5 0.0 62.9
SNEX StoneX Group 66.62 131.20 64.58 (96.9%) 116702 2083.5 0.0 8.4
ZLAB Zai Lab 20.65 39.65 19.00 (92.0%) 870290 2000.5 0.0 0.0
HTZ Hertz Global Holdings 7.73 14.00 6.27 (81.1%) 6654554 2520.0 0.0 5.6
QDEL QuidelOrtho 41.76 75.50 33.74 (80.8%) 1123421 2789.6 0.0 0.0
VSAT Viasat 20.58 35.02 14.44 (70.2%) 1164728 2574.5 0.0 0.0
MLCO Melco Resorts and Enter 8.83 15.00 6.17 (69.9%) 2637585 3859.5 0.0 0.0
DNLI Denali Therapeutics 17.02 28.63 11.62 (68.3%) 1080168 2342.0 0.0 0.0
BILI Bilibili 10.36 17.29 6.93 (66.9%) 7371707 4288.9 0.0 0.0
CALM Cal-Maine Foods 57.31 94.31 37.00 (64.6%) 463903 2800.5 5.4 6.2
All data provided as at market close February 15, 2024.

Company Details

Cooper Companies

COO:NAS

Close Price

93.00

Our Valuation

227.10

% Difference

144.19

Market Cap ($M)

4632

P/E Ratio

62.9

The Cooper Companies is one of the largest eye care companies in the U.S. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business and is composed of a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and clariti, Cooper controls roughly a quarter of the U.S. contact lens market.

Access the stockcalc valuation


StoneX Group

SNEX:NAS

Close Price

66.62

Our Valuation

131.20

% Difference

96.93

Market Cap ($M)

2083

P/E Ratio

8.4

StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks.

Access the stockcalc valuation


Zai Lab

ZLAB:NAS

Close Price

20.65

Our Valuation

39.65

% Difference

91.99

Market Cap ($M)

2001

P/E Ratio

0.0

Zai Lab Ltd is a biopharmaceutical company focusing on discovering or licensing, developing, and commercializing proprietary therapeutics that address areas of unmet medical need including in the fields of oncology, autoimmune and infectious diseases.

Access the stockcalc valuation


Hertz Global Holdings

HTZ:NAS

Close Price

7.73

Our Valuation

14.00

% Difference

81.11

Market Cap ($M)

2520

P/E Ratio

5.6

Hertz Global Holdings Inc is engaged in the vehicle rental and leasing business and operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and other services.

Access the stockcalc valuation


Access our valuation for these companies and 9,000+ more

Try the stockcalc platform free for 30 days

Sign Up

QuidelOrtho

QDEL:NAS

Close Price

41.76

Our Valuation

75.50

% Difference

80.80

Market Cap ($M)

2790

P/E Ratio

0.0

QuidelOrtho Corp is engaged in the development, manufacturing, and marketing of rapid diagnostic testing solutions. The company is engaged in immunoassay and molecular testing, clinical chemistry and transfusion medicine which helps clinicians and patients to make better decisions across the globe. Geographically the company has its presence in North America, EMEA, China and Other countries. It generates majority if the revenue from North America.

Access the stockcalc valuation


Viasat

VSAT:NAS

Close Price

20.58

Our Valuation

35.02

% Difference

70.15

Market Cap ($M)

2574

P/E Ratio

0.0

Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems.

Access the stockcalc valuation


Melco Resorts and Enter

MLCO:NAS

Close Price

8.83

Our Valuation

15.00

% Difference

69.88

Market Cap ($M)

3860

P/E Ratio

0.0

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus.

Access the stockcalc valuation


Denali Therapeutics

DNLI:NAS

Close Price

17.02

Our Valuation

28.63

% Difference

68.28

Market Cap ($M)

2342

P/E Ratio

0.0

Denali Therapeutics Inc is a biotechnology company that is engaged in developing and discovering therapeutics to defeat neurodegeneration disease. The company's development programs include the LRRK2 Inhibitor Program, which develops brain penetrant small molecule LRRK2 inhibitor product candidates for Parkinson's disease. Its key products include DNL201, DNL151, DNL747, ATV (Antibody Transport Vehicle), ETV (Enzyme Transport Vehicle), and others.

Access the stockcalc valuation


Bilibili

BILI:NAS

Close Price

10.36

Our Valuation

17.29

% Difference

66.87

Market Cap ($M)

4289

P/E Ratio

0.0

Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort.

Access the stockcalc valuation


Cal-Maine Foods

CALM:NAS

Close Price

57.31

Our Valuation

94.31

% Difference

64.56

Market Cap ($M)

2801

P/E Ratio

6.2

Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain.

Access the stockcalc valuation


Access thousands of valuation reports

Try the stockcalc platform for 30 days for unlimited access to our valuation reports

Sign Up
Cooper Companies and StoneX Group are the most undervalued Large-Cap stocks on the NAS. See which other companies made the Large-Cap list here: https://www.stockcalc.com/Blog/undervalued-large-cap-stocks-nas-february-2024
Cooper Companies $COO and StoneX Group $SNEX are the most undervalued Large-Cap stocks on the #NAS. See the full list of Large-Cap stocks here: https://www.stockcalc.com/Blog/undervalued-large-cap-stocks-nas-february-2024
Cooper Companies and StoneX Group are the most undervalued Large-Cap stocks on the NAS. See which other companies made the Large-Cap list here: https://www.stockcalc.com/Blog/undervalued-large-cap-stocks-nas-february-2024

Copyright © 2016- Patchell Brook Equity Analytics Inc. All rights reserved.

Risk Disclosure: Equities trading and trading of all markets, exchanges and instruments contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View full risk information here.