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 |
|---|---|---|---|---|---|---|---|---|---|---|
| MFC | Manulife Financial Corp | 4 | 3 | 4 | 1 | 0 | 0 | 3.8333 | 3.9091 | Outperform |
| DKS | Dick’s Sporting Goods Inc | 6 | 1 | 1 | 0 | 0 | 0 | 4.6250 | 4.7500 | Buy |
| VRX | Valeant Pharmaceuticals International Inc | 1 | 0 | 11 | 0 | 1 | 0 | 3.0000 | 3.1538 | Hold |
| EGP | EastGroup Properties Inc | 0 | 0 | 2 | 0 | 1 | 0 | 2.3333 | 3.0000 | Underperform |
| NMBL | Nimble Storage Inc | 0 | 0 | 4 | 0 | 0 | 0 | 3.0000 | 3.5000 | Hold |
| OME | Omega Protein Corp | 0 | 0 | 2 | 0 | 0 | 0 | 3.0000 | 4.0000 | Hold |
Toronto Stock Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| MFC | Manulife Financial Corp | 4 | 3 | 4 | 1 | 0 | 0 | 3.8333 | 3.9091 | Outperform |
| VRX | Valeant Pharmaceuticals International Inc | 1 | 0 | 11 | 0 | 1 | 0 | 3.0000 | 3.1538 | Hold |
| ALA | AltaGas Ltd | 2 | 1 | 6 | 0 | 0 | 0 | 3.5556 | 3.6250 | Outperform |
| TFII | TFI International Inc | 3 | 2 | 4 | 0 | 1 | 0 | 3.6000 | 3.6667 | Outperform |
| GEI | Gibson Energy Inc | 2 | 3 | 8 | 0 | 0 | 0 | 3.5385 | 3.5833 | Outperform |
| DRG.UN | Dream Global Real Estate Investment Trust | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 4.3333 | Outperform |
| NXE | NexGen Energy Ltd | 2 | 3 | 1 | 0 | 0 | 0 | 4.1667 | 4.2000 | Outperform |
| SOY | SunOpta Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| CR | Crew Energy Inc | 6 | 3 | 3 | 0 | 0 | 0 | 4.2500 | 4.3077 | Outperform |
| MDI | Major Drilling Group International Inc | 2 | 0 | 3 | 0 | 0 | 0 | 3.8000 | 4.0000 | Outperform |
| CF | Canaccord Genuity Group Inc | 0 | 0 | 1 | 0 | 0 | 0 | 3.0000 | 3.5000 | Hold |
| SOT.UN | Slate Office REIT | 3 | 0 | 1 | 0 | 0 | 0 | 4.5000 | 4.6667 | Outperform |
| BDI | Black Diamond Group Ltd | 2 | 2 | 2 | 0 | 1 | 0 | 3.5714 | 3.7500 | Outperform |
| PLC | Park Lawn Corp | 2 | 2 | 0 | 0 | 0 | 0 | 4.5000 | 4.6667 | Outperform |
| JOY | Journey Energy Inc | 1 | 2 | 2 | 0 | 0 | 0 | 3.8000 | 4.0000 | Outperform |
| ER | Eastmain Resources Inc | 2 | 4 | 0 | 0 | 0 | 0 | 4.3333 | 4.4000 | Outperform |
NASDAQ
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| GOOGL | Alphabet Inc | 11 | 0 | 2 | 0 | 1 | 0 | 4.4286 | 4.5714 | Outperform |
| GOOG | Alphabet Inc | 11 | 0 | 2 | 0 | 1 | 0 | 4.4286 | 4.5714 | Outperform |
| NXST | Nexstar Media Group Inc | 3 | 0 | 0 | 0 | 1 | 0 | 4.0000 | 5.0000 | Outperform |
| FTR | Frontier Communications Corp | 1 | 1 | 2 | 0 | 0 | 0 | 3.7500 | 4.0000 | Outperform |
| NDRM | NeuroDerm Ltd | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| STKL | SunOpta Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | 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.
GOOGL:NAS Alphabet
https://www.abc.xyz
Alphabet has 72053 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.
MFC:TSE Manulife Financial
http://www.manulife.com
Manulife Financial has 35000 employees and is headquartered in Canada.
Manulife Financial Corp, together with its subsidiaries provides individual life insurance and individual and group long-term care insurance services. Its business segments are Asia Division, Canadian Division, U.S. Division, and Corporate & Other.
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.