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 AMEX
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 AMEX
Today’s data is for companies listed on the American Stock Exchange.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # of Estimates |
|---|---|---|---|---|---|---|
| ACU | Acme United Corp | 2017 | 26.990000 | 26.2500 | USD | 2 |
| NTN | NTN Buzztime Inc | 2017 | 9.540000 | 6.6500 | 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.
ACU:ASE Acme United
http://www.acmeunited.com
Acme United has 342 employees and is headquartered in United States.
Acme United Corp is a supplier of cutting, measuring and safety products to the school, home, office, hardware and industrial markets.
NTN:ASE NTN Buzztime
http://www.buzztime.com
NTN Buzztime has 357 employees and is headquartered in United States.
NTN Buzztime Inc provides interactive entertainment and dining technology to bars and restaurants in North America. Its main products are Buzztime, Playmaker, Mobile Playmaker, BEOND Powered by Buzztime and Play Along.
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.