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.
Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX
Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.
Why Do Companies Get Downgraded?
Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.
In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.
Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX
Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.
New York Stock Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| DUK | Duke Energy Corp | 2 | 0 | 4 | 0 | 0 | 0 | 3.6667 | 3.8333 | Outperform |
| CNQ | Canadian Natural Resources Ltd | 9 | 4 | 1 | 0 | 0 | 0 | 4.5714 | 4.6000 | Buy |
| LLL | L3 Technologies Inc | 1 | 0 | 1 | 1 | 0 | 0 | 3.3333 | 3.6667 | Hold |
| CVE | Cenovus Energy Inc | 4 | 4 | 6 | 0 | 0 | 0 | 3.8571 | 3.9333 | Outperform |
| PANW | Palo Alto Networks Inc | 7 | 0 | 4 | 0 | 0 | 0 | 4.2727 | 4.3636 | Outperform |
| VEEV | Veeva Systems Inc | 1 | 0 | 2 | 1 | 0 | 0 | 3.2500 | 3.5000 | Hold |
| PSXP | Phillips 66 Partners LP | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 4.3333 | Outperform |
| STWD | Starwood Property Trust Inc | 0 | 0 | 1 | 0 | 0 | 0 | 3.0000 | 4.0000 | Hold |
| DY | Dycom Industries Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| MTX | Minerals Technologies Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| KAMN | Kaman Corp | 0 | 0 | 2 | 0 | 0 | 0 | 3.0000 | 5.0000 | Hold |
| WTW | Weight Watchers International Inc | 0 | 0 | 0 | 1 | 0 | 0 | 2.0000 | 3.0000 | Underperform |
| GCI | Gannett Co Inc | 0 | 0 | 1 | 0 | 0 | 0 | 3.0000 | 4.0000 | Hold |
| RAS | RAIT Financial Trust | 0 | 0 | 1 | 0 | 0 | 0 | 3.0000 | 5.0000 | Hold |
Toronto Stock Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| CNQ | Canadian Natural Resources Ltd | 9 | 4 | 1 | 0 | 0 | 0 | 4.5714 | 4.6000 | Buy |
| CVE | Cenovus Energy Inc | 4 | 4 | 6 | 0 | 0 | 0 | 3.8571 | 3.9333 | Outperform |
| FCR | First Capital Realty Inc | 4 | 1 | 2 | 0 | 0 | 0 | 4.2857 | 4.3750 | Outperform |
| BDI | Black Diamond Group Ltd | 3 | 2 | 2 | 0 | 1 | 0 | 3.7500 | 3.8750 | Outperform |
| CHH | Centric Health Corp | 4 | 1 | 0 | 0 | 0 | 0 | 4.8000 | 5.0000 | Buy |
NASDAQ
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| MYL | Mylan NV | 4 | 0 | 3 | 0 | 0 | 0 | 4.1429 | 4.2857 | Outperform |
| MIDD | The Middleby Corp | 0 | 0 | 2 | 0 | 0 | 0 | 3.0000 | 3.5000 | Hold |
| SABR | Sabre Corp | 3 | 1 | 0 | 0 | 0 | 0 | 4.7500 | 4.8000 | Buy |
| CAVM | Cavium Inc | 3 | 0 | 3 | 0 | 0 | 0 | 4.0000 | 4.1429 | Outperform |
| KITE | Kite Pharma Inc | 5 | 0 | 2 | 0 | 0 | 0 | 4.4286 | 4.5714 | Outperform |
| AKRX | Akorn Inc | 2 | 1 | 1 | 0 | 0 | 0 | 4.2500 | 4.5000 | Outperform |
| INCR | INC Research Holdings Inc | 0 | 0 | 2 | 0 | 0 | 0 | 3.0000 | 4.0000 | Hold |
| TTD | The Trade Desk Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| FWRD | Forward Air Corp | 1 | 0 | 2 | 1 | 0 | 0 | 3.2500 | 3.3333 | Hold |
| BATRK | Liberty Braves Group | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| BATRA | Liberty Braves Group | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| PSTB | Park Sterling Corp | 0 | 0 | 1 | 0 | 0 | 0 | 3.0000 | 4.0000 | Hold |
| CCRN | Cross Country Healthcare Inc | 3 | 0 | 2 | 0 | 0 | 0 | 4.2000 | 4.6000 | Outperform |
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.
CVE:TSE Cenovus Energy
http://www.cenovus.com
Cenovus Energy has 2775 employees and is headquartered in Canada.
Cenovus Energy Inc is an integrated oil company. The Company is in the business of developing, producing and marketing crude oil, NGLs and natural gas in Canada with refining operations in the United States.
LLL:NYS L3 Technologies
http://www.l-3com.com
L3 Technologies has 38000 employees and is headquartered in United States.
L3 Technologies Inc, formerly L-3 Communications Holdings Inc is an aerospace and defense contractor in intelligence, surveillance and reconnaissance systems, aircraft sustainment simulation & training, night vision and image intensification equipment.
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.