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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CMI | Cummins Inc | 3 | 0 | 3 | 1 | 1 | 0 | 3.3750 | 3.4286 | Hold |
| FTV | Fortive Corp | 2 | 0 | 3 | 0 | 0 | 0 | 3.8000 | 4.0000 | Outperform |
| EC | Ecopetrol SA | 0 | 0 | 0 | 0 | 1 | 0 | 1.0000 | 3.0000 | Sell |
| YUMC | Yum China Holdings Inc | 1 | 1 | 2 | 0 | 0 | 0 | 3.7500 | 4.0000 | Outperform |
| CVE | Cenovus Energy Inc | 5 | 5 | 4 | 0 | 0 | 0 | 4.0714 | 4.0909 | Outperform |
| JHX | James Hardie Industries PLC | 0 | 0 | 1 | 1 | 0 | 0 | 2.5000 | 2.6667 | Underperform |
| ALSN | Allison Transmission Holdings Inc | 3 | 0 | 2 | 0 | 0 | 0 | 4.2000 | 4.5000 | Outperform |
| ALR | Alere Inc | 0 | 0 | 1 | 0 | 0 | 0 | 3.0000 | 4.0000 | Hold |
| TDOC | Teladoc Inc | 3 | 0 | 1 | 0 | 0 | 0 | 4.5000 | 5.0000 | Outperform |
Toronto Stock Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| CVE | Cenovus Energy Inc | 5 | 5 | 4 | 0 | 0 | 0 | 4.0714 | 4.0909 | Outperform |
| AFN | Ag Growth International Inc | 1 | 2 | 1 | 0 | 0 | 0 | 4.0000 | 4.2000 | Outperform |
| PPY | Painted Pony Petroleum Ltd | 3 | 4 | 2 | 0 | 1 | 0 | 3.8000 | 3.8571 | Outperform |
| WRG | Western Energy Services Corp | 2 | 2 | 4 | 0 | 0 | 0 | 3.7500 | 3.8571 | Outperform |
TSX Venture Exchange
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| JTR | GreenSpace Brands Inc | 4 | 3 | 0 | 0 | 0 | 0 | 4.5714 | 4.6667 | Buy |
NASDAQ
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| TMUS | T-Mobile US Inc | 6 | 0 | 1 | 1 | 0 | 0 | 4.3750 | 4.6250 | Outperform |
| PNRA | Panera Bread Co | 4 | 0 | 6 | 0 | 0 | 0 | 3.8000 | 3.8889 | Outperform |
| CAFD | 8point3 Energy Partners LP | 1 | 0 | 3 | 0 | 2 | 0 | 2.6667 | 3.0000 | Hold |
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.
CMI:NYS Cummins
http://www.cummins.com
Cummins has 55400 employees and is headquartered in United States.
Cummins Inc designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related component products.
FTV:NYS Fortive
http://www.fortive.com
Fortive has 22000 employees and is headquartered in United States.
Fortive Corp is a United States based company diversified industrial growth company. It has two business segments namely, Professional Instrumentation and Industrial Technologies.
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.