Cbeyond (CBEY) – ($9.23) has a Strong Buy rating according to ValuEngine with fair value at $10.63, which makes the stock 13.2% undervalued. The one-year price target is $10.67. ValuEngine Profile – “Cbeyond is an Atlanta-based managed services provider in the emerging local voice and broadband services market and manages voice over Internet Protocol, facilities-based, private, local phone network. Cbeyond delivers an integrated package of high quality local and long distance telephony services, high-speed Internet access and Internet-based applications, including voicemail, email, Web hosting, data backup, file-sharing, VPN and more to a target market of small business customers in selected large metropolitan areas.”
Analysis – The daily chart for CBEY shows overbought momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $8.45, $7.76 and $8.18. My semiannual value level is $8.62 with a weekly pivot at $9.04 and monthly risky level at $9.34.
Courtesy of Thomson / Reuters
|
Ticker |
Company Name |
Mkt Price |
Fair Value |
One-Year Price Target |
Last 12-Mon Retn (%) |
5-Yr Avg Retn (%) |
P/E Ratio |
|
CBEY |
CBEYOND |
9.20 |
10.63 |
10.67 |
39.22 |
-14.85 |
n/a |
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