This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Upgraded, Undervalued Stocks

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Energy XXI

The oil and natural gas company on Wednesday reported fiscal second-quarter earnings of $93.4 million, or $1.11 a share. In the second quarter of last year, the company reported a loss of $11.3 million, or 17 cents a share.

Energy XXI's estimated P/E for next year is 8.74. The average forward P/E for exploration and production companies is 274.28.

"We are increasing our target price by $1 to $40 on the greater-than-expected oil price premium and the increase in oil production from recent drilling projects," Capital One analysts wrote in a report Friday. "We continue to like the stock with our new target representing 16% upside but note that a solid Davy Jones flow test result of 40+ MMcfe/d gross (news expected by March) is likely needed to keep the stock moving significantly higher."

Fourteen of the 15 analysts who cover the stock rated it a buy. One considered it a hold.

TheStreet Ratings gives Energy XXI a B- grade with a $44.51 price target. The stock closed Thursday at $34.61 and has risen 11.97% year to date.






Atlas Air Worldwide

The aircraft delivery company announced Wednesday that it financed its six remaining B747-8F aircraft deliveries.

Atlas Air Worldwide's estimated P/E for next year is 8.85. The average for the delivery services area of the market is 14.25.

"Despite the difficulties Atlas had in 3Q11, the earnings potential in 2012 should continue to be strong for the company," Dahlman Rose analysts wrote in a report in November. "Management lowered EPS expectations for 2011 to +$4.30, down from +$5.00 and compared to the initial expectations of +$5.30. We are intrigued by the outlook for 2012 for two reasons. The new -8F is finally in service, and each aircraft adds $0.04/share/month. The other new business is the passenger AMC business, which should also contribute to the bottom line."

Eight of the 12 analysts who cover Atlas rated it a buy. Four considered it a hold.

TheStreet Ratings gives Atlas Air a B- grade with a $56.66 price target. The stock closed Thursday at $48.67 and has risen 31.23% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAWW $55.89 -3.72%
CDNS $19.92 -0.94%
EXXI $3.42 -0.58%
MYGN $33.85 -1.23%
AAPL $131.78 -0.20%

Markets

DOW 18,126.12 -36.87 -0.20%
S&P 500 2,120.79 -2.69 -0.13%
NASDAQ 5,097.9760 -8.6170 -0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs