3 US Stocks Possibly Trading Below Their Estimated Value By Up To 49.6%

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In recent weeks, U.S. markets have experienced notable volatility, with major indexes like the S&P 500 and Dow Jones Industrial Average facing declines driven by downturns in technology and energy stocks. Amidst these fluctuations, investors are on the lookout for opportunities to identify stocks that might be trading below their intrinsic value, offering potential long-term growth despite current market pressures.

Top 10 Undervalued Stocks Based On Cash Flows In The United States

Name

Current Price

Fair Value (Est)

Discount (Est)

MidWestOne Financial Group (NasdaqGS:MOFG)

$29.33

$57.37

48.9%

Associated Banc-Corp (NYSE:ASB)

$22.40

$43.89

49%

Avidbank Holdings (OTCPK:AVBH)

$19.38

$37.87

48.8%

EverQuote (NasdaqGM:EVER)

$20.08

$39.69

49.4%

Vitesse Energy (NYSE:VTS)

$24.88

$49.19

49.4%

EVERTEC (NYSE:EVTC)

$33.36

$65.82

49.3%

AeroVironment (NasdaqGS:AVAV)

$214.11

$417.14

48.7%

Reddit (NYSE:RDDT)

$75.17

$149.14

49.6%

Cytek Biosciences (NasdaqGS:CTKB)

$5.34

$10.63

49.7%

SunOpta (NasdaqGS:STKL)

$6.36

$12.65

49.7%

Click here to see the full list of 194 stocks from our Undervalued US Stocks Based On Cash Flows screener.

Let's dive into some prime choices out of the screener.

KeyCorp

Overview: KeyCorp is a holding company for KeyBank National Association, offering a range of retail and commercial banking products and services in the United States, with a market cap of approximately $16.23 billion.

Operations: KeyBank National Association generates revenue through its Consumer Bank segment at $3.08 billion and Commercial Bank segment at $2.76 billion, offering diverse financial services across these areas.

Estimated Discount To Fair Value: 35.8%

KeyCorp is trading at US$17.49, significantly below its estimated fair value of US$27.23, indicating potential undervaluation based on discounted cash flow analysis. Despite a lower net profit margin this year compared to last, earnings are expected to grow significantly at 36.48% annually over the next three years. Recent strategic investment by The Bank of Nova Scotia could enhance financial stability and growth prospects, though dividend coverage remains a concern.

NYSE:KEY Discounted Cash Flow as at Oct 2024
NYSE:KEY Discounted Cash Flow as at Oct 2024

Reddit

Overview: Reddit, Inc. operates a website that organizes digital communities and has a market cap of $12.47 billion.

Operations: Revenue for Reddit, Inc. is primarily generated through its Internet Information Providers segment, amounting to $981.41 million.

Estimated Discount To Fair Value: 49.6%

Reddit, Inc. is trading at US$75.17, significantly below its estimated fair value of US$149.14, highlighting potential undervaluation based on discounted cash flow analysis. The company forecasts robust revenue growth of 19.6% annually and aims for profitability within three years, although recent insider selling could be a concern for investors. Reddit's inclusion in the S&P Global BMI Index and strategic M&A initiatives may bolster its market position despite current financial losses.

NYSE:RDDT Discounted Cash Flow as at Oct 2024
NYSE:RDDT Discounted Cash Flow as at Oct 2024

Western Alliance Bancorporation

Overview: Western Alliance Bancorporation is a bank holding company for Western Alliance Bank, offering a range of banking products and services mainly in Arizona, California, and Nevada, with a market cap of approximately $9.91 billion.

Operations: Western Alliance Bancorporation's revenue is primarily derived from three segments: Commercial at $1.24 billion, Consumer Related at $1.46 billion, and Corporate & Other at $123.70 million.

Estimated Discount To Fair Value: 46.2%

Western Alliance Bancorporation is trading at US$90.88, significantly below its estimated fair value of US$169.06, indicating potential undervaluation based on discounted cash flow analysis. Despite a low allowance for bad loans and unstable dividend history, earnings are forecast to grow significantly at 21.6% annually, outpacing the US market average. Recent index inclusions like the S&P 1000 and executive changes may enhance its strategic positioning amid evolving market conditions.

NYSE:WAL Discounted Cash Flow as at Oct 2024
NYSE:WAL Discounted Cash Flow as at Oct 2024

Taking Advantage

Interested In Other Possibilities?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NYSE:KEY NYSE:RDDT and NYSE:WAL.

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