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 |
|---|---|---|---|---|---|---|---|---|---|---|
| NEE | NextEra Energy Inc | 4 | 0 | 1 | 1 | 0 | 0 | 4.1667 | 4.2857 | Outperform |
| NGG | National Grid PLC | 3 | 0 | 3 | 0 | 0 | 0 | 4.0000 | 4.2000 | Outperform |
| GIS | General Mills Inc | 1 | 0 | 5 | 0 | 2 | 0 | 2.7500 | 2.8750 | Hold |
| K | Kellogg Co | 0 | 0 | 6 | 0 | 1 | 0 | 2.7143 | 3.0000 | Hold |
| NEM | Newmont Mining Corp | 1 | 0 | 2 | 1 | 0 | 0 | 3.2500 | 3.7500 | Hold |
| CAG | Conagra Brands Inc | 2 | 0 | 1 | 0 | 2 | 0 | 3.0000 | 3.4000 | Hold |
| CPB | Campbell Soup Co | 1 | 0 | 3 | 1 | 2 | 0 | 2.5714 | 2.8571 | Hold |
| SJM | JM Smucker Co | 1 | 0 | 3 | 0 | 1 | 0 | 3.0000 | 3.4000 | Hold |
| MBT | Mobile TeleSystems PJSC | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| RMD | ResMed Inc | 1 | 0 | 3 | 0 | 0 | 0 | 3.5000 | 3.7500 | Hold |
| GIL | Gildan Activewear Inc | 9 | 2 | 2 | 0 | 0 | 0 | 4.5385 | 4.6154 | Buy |
| RIG | Transocean Ltd | 2 | 0 | 3 | 0 | 3 | 0 | 2.7500 | 3.0000 | Hold |
| ATI | Allegheny Technologies Inc | 1 | 0 | 3 | 0 | 0 | 0 | 3.5000 | 3.6667 | Hold |
| IAG | Iamgold Corp | 4 | 1 | 7 | 0 | 2 | 0 | 3.3571 | 3.3846 | Hold |
| BCEI | Bonanza Creek Energy Inc | 0 | 0 | 0 | 0 | 1 | 0 | 1.0000 | 2.0000 | Sell |
Toronto Stock Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| GIL | Gildan Activewear Inc | 9 | 2 | 2 | 0 | 0 | 0 | 4.5385 | 4.6154 | Buy |
| PAAS | Pan American Silver Corp | 3 | 2 | 6 | 0 | 0 | 0 | 3.7273 | 3.8182 | Outperform |
| IMG | Iamgold Corp | 4 | 1 | 7 | 0 | 2 | 0 | 3.3571 | 3.3846 | Hold |
| BIR | Birchcliff Energy Ltd | 8 | 5 | 2 | 0 | 0 | 0 | 4.4000 | 4.4286 | Outperform |
| AAR.UN | Pure Industrial Real Estate Trust | 5 | 2 | 2 | 0 | 0 | 0 | 4.3333 | 4.4444 | Outperform |
| MTY | MTY Food Group Inc | 1 | 0 | 3 | 0 | 0 | 0 | 3.5000 | 3.7500 | Hold |
| AR | Argonaut Gold Inc | 2 | 2 | 2 | 0 | 1 | 0 | 3.5714 | 3.6667 | Outperform |
| CERV | Cervus Equipment Corp | 1 | 1 | 5 | 0 | 0 | 0 | 3.4286 | 3.7143 | Hold |
TSX Venture Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| ICG | Integra Gold Corp | 5 | 6 | 0 | 0 | 0 | 0 | 4.4545 | 4.5000 | Outperform |
NASDAQ
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| BIIB | Biogen Inc | 5 | 1 | 1 | 0 | 1 | 0 | 4.1250 | 4.2222 | Outperform |
| CBRL | Cracker Barrel Old Country Store Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 5.0000 | Outperform |
| PAAS | Pan American Silver Corp | 3 | 2 | 6 | 0 | 0 | 0 | 3.7273 | 3.8182 | Outperform |
| LGND | Ligand Pharmaceuticals Inc | 1 | 0 | 1 | 0 | 0 | 0 | 4.0000 | 4.3333 | 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.
NEE:NYS NextEra Energy
http://www.nexteraenergy.com
NextEra Energy has 8900 employees and is headquartered in United States.
NextEra Energy Inc is an electric power company in North America. It with its subsidiaries generate renewable energy from wind and sun.It also owns generation, transmission and distribution facilities and has investments in gas infrastructure assets.
BIIB:NAS Biogen
http://www.biogen.com
Biogen has 7400 employees and is headquartered in United States.
Biogen Inc is a biopharmaceutical company. It is engaged in discovering, developing, manufacturing and delivering therapies to patients for the treatment of neurological, rare and autoimmune diseases.
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.