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.
Undervalued Stocks on NASDAQ
Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.
In the table below 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 |
|---|---|---|---|---|---|---|
| GOOGL | Alphabet Inc | 2017 | 849.530000 | 960.9167 | USD | 12 |
| GOOG | Alphabet Inc | 2017 | 823.870000 | 960.9167 | USD | 12 |
| AMZN | Amazon.com Inc | 2017 | 822.440000 | 944.3636 | USD | 11 |
| CELG | Celgene Corp | 2017 | 112.450000 | 145.2000 | USD | 5 |
| PCLN | The Priceline Group Inc | 2017 | 1563.330000 | 1751.4290 | USD | 7 |
| BIIB | Biogen Inc | 2017 | 273.820000 | 345.8333 | USD | 6 |
| SHPG | Shire PLC | 2017 | 164.540000 | 226.5047 | USD | 2 |
| REGN | Regeneron Pharmaceuticals Inc | 2017 | 347.960000 | 479.2500 | USD | 4 |
| ALXN | Alexion Pharmaceuticals Inc | 2017 | 129.870000 | 161.0000 | USD | 3 |
| ISRG | Intuitive Surgical Inc | 2017 | 666.050000 | 763.3333 | USD | 3 |
| ORLY | O’Reilly Automotive Inc | 2017 | 267.460000 | 308.2000 | USD | 5 |
| ULTA | Ulta Salon Cosmetics & Fragrance Inc | 2018 | 268.810000 | 305.7500 | USD | 4 |
| OTEX | Open Text Corp | 2017 | 33.015000 | 95.9071 | CAD | 10 |
| JAZZ | Jazz Pharmaceuticals PLC | 2017 | 120.190000 | 158.5000 | USD | 4 |
| ULTI | The Ultimate Software Group Inc | 2017 | 197.920000 | 245.2857 | USD | 7 |
| ABMD | Abiomed Inc | 2018 | 112.300000 | 145.0000 | USD | 1 |
| RGLD | Royal Gold Inc | 2017 | 71.690000 | 118.1553 | CAD | 2 |
| ICPT | Intercept Pharmaceuticals Inc | 2017 | 105.400000 | 190.8000 | USD | 5 |
| ACIA | Acacia Communications Inc | 2017 | 67.600000 | 125.0000 | USD | 1 |
| SAGE | Sage Therapeutics Inc | 2017 | 49.840000 | 83.0000 | USD | 2 |
| AGIO | Agios Pharmaceuticals Inc | 2017 | 40.680000 | 82.5000 | USD | 2 |
| SRPT | Sarepta Therapeutics Inc | 2017 | 30.740000 | 82.0000 | USD | 3 |
| GBT | Global Blood Therapeutics Inc | 2017 | 16.600000 | 60.0000 | USD | 2 |
| ATRA | Atara Biotherapeutics Inc | 2017 | 13.750000 | 47.0000 | USD | 1 |
| SSH | Sunshine Heart Inc | 2017 | 5.730000 | 120.0012 | 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.
GOOGL:NAS Alphabet
https://www.abc.xyz
Alphabet has 61814 employees and is headquartered in United States.
Alphabet Inc through its subsidiary Google Inc is engaged in improving the ways people connect with information & products including Search, Android, YouTube, Apps, Maps & Ads. It also produces internet-connected home devices & provides internet services.
AMZN:NAS Amazon.com
http://www.amazon.com
Amazon.com has 230800 employees and is headquartered in United States.
Amazon.com Inc is an online retailer. The Company sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offers electronic devices like Kindle e-readers and Fire tablets.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.
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.