I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.
Overvalued Stocks on NASDAQ
Today we are looking at companies that are considered overvalued based on the Analyst data in the StockCalc database.
In this table we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.
There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.
Today’s Data on NASDAQ
Today’s data is for companies listed on the NASDAQ.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # of Estimates |
|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corp | 2018 | 102.010000 | 90.0833 | USD | 6 |
| NFLX | Netflix Inc | 2017 | 127.490000 | 116.5000 | USD | 12 |
| TSLA | Tesla Motors Inc | 2017 | 216.990000 | 198.3333 | USD | 3 |
| ORLY | O’Reilly Automotive Inc | 2017 | 280.820000 | 253.6000 | USD | 5 |
| XLNX | Xilinx Inc | 2018 | 59.070000 | 44.0000 | USD | 1 |
| CINF | Cincinnati Financial Corp | 2017 | 75.790000 | 65.5000 | USD | 2 |
| SIVB | SVB Financial Group | 2017 | 172.120000 | 160.0000 | USD | 3 |
| IEP | Icahn Enterprises LP | 2017 | 61.640000 | 30.0000 | USD | 1 |
| UBNT | Ubiquiti Networks Inc | 2017 | 57.860000 | 35.0000 | USD | 1 |
| CACC | Credit Acceptance Corp | 2017 | 216.340000 | 160.0000 | USD | 1 |
| LSTR | Landstar System Inc | 2017 | 85.700000 | 75.3750 | USD | 4 |
| PNFP | Pinnacle Financial Partners Inc | 2017 | 69.250000 | 58.0000 | USD | 1 |
| BCPC | Balchem Corp | 2017 | 83.260000 | 66.0000 | USD | 2 |
| UNFI | United Natural Foods Inc | 2017 | 47.840000 | 37.3333 | USD | 3 |
| ROLL | RBC Bearings Inc | 2018 | 93.530000 | 77.5000 | USD | 2 |
| CALM | Cal-Maine Foods Inc | 2017 | 43.750000 | 32.0000 | USD | 1 |
| AGII | Argo Group International Holdings Ltd | 2017 | 66.100000 | 55.0000 | USD | 1 |
| SYNA | Synaptics Inc | 2017 | 55.810000 | 45.0000 | USD | 1 |
| INDB | Independent Bank Corp | 2017 | 70.350000 | 56.0000 | USD | 1 |
| PLCE | Children’s Place Inc | 2018 | 100.900000 | 90.0000 | USD | 1 |
| ASTE | Astec Industries Inc | 2017 | 68.540000 | 54.5000 | USD | 2 |
| SAFT | Safety Insurance Group Inc | 2017 | 73.500000 | 60.0000 | USD | 1 |
| STRA | Strayer Education Inc | 2017 | 81.910000 | 65.0000 | USD | 1 |
| ATRI | Atrion Corp | 2017 | 502.400000 | 300.0000 | USD | 1 |
| GABC | German American Bancorp | 2017 | 52.270000 | 40.0000 | USD | 1 |
Let’s look at a few companies…
Lets look at a couple of the companies on this list to get a better understanding of them.
NVDA:NAS NVIDIA
http://www.nvidia.com
NVIDIA has 9227 employees and is headquartered in United States.
NVIDIA Corp is a visual computing company targeting markets including Gaming, Professional Visualization, Datacenter and Automotive. The Company’s reporting segments include GPU and Tegra Processor.
NFLX:NAS Netflix
http://www.netflix.com
Netflix has 3900 employees and is headquartered in United States.
Netflix Inc operates as an internet television network providing TV shows & movies which include original series, documentaries & feature films. The Company’s business segments are Domestic streaming, International streaming and Domestic DVD.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx.
The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.