Cenovus (CVE)
Highlights
- Low valuation relative to competition
- 2.5% dividend yield
- Strong dividend history
- Missed 3 of 4 earnings calls
- Average analyst rating is a “BUY”
- Flat revenue
- Improving EPS
With a PE of 17 Cenovus stock currently has a valuation lower than most competitors, and because it has similar growth trajectories a case could be made that it’s currently slightly undervalued. And although they have missed 3 earnings calls lately, analysts have recently upgraded their earnings projections in their revisions which indicates that it may be getting back on track. With the average analyst rating aligning with the WSX rating of a “BUY”, we put this as low risk, medium reward stock.
WSX Rating: BUY
Ford (F)
Highlights
- 4.3% dividend yield
- Long dividend history
- Recent increase in earnings estimates from analysts
- Strong revenue growth
- Average analyst rating “HOLD”
- High valuation compared to historical
While it does have a high valuation relative to its historical average, it has the EPS growth estimates to match. And due to its robust dividend history and revenue growth, we have rated this a low risk – medium reward stock that investors should consider adding to their portfolio.
WSX Rating: BUY
