Stocks Under $10: Standard Pacific Corp.

Richard Suttmeier |

Standard Pacific Corp. (SPF) – ($8.67) has been upgraded to Hold from Sell according to ValuEngine with fair value at $5.13, which makes the stock 63.2% overvalued. The one-year price target is $8.08. ValuEngine Profile – “STANDARD PACIFIC CORP. operates primarily as a geographically diversified builder of medium-priced single-family homes with a majority of its operations in California. In addition, Co. assists homebuyers in obtaining financing for home purchases through Standard Pacific Savings. Co. is also engaged in the manufacture and marketing of moveable and acoustical office partitions and office furniture.”

 

Analysis – The daily chart for SPF shows declining momentum with the stock below its 21-day and 50-day simple moving averages at $9.27 and $8.86, and above its 200-day simple moving average at $7.77. My quarterly value level is $7.61 with a monthly risky level at $9.41.



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

SPF

STANDARD & PACIFIC

8.67

5.13

8.08

84.36

20.72

18.88


If you have any questions, please contact me at Rsuttmeier@gmail.com
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Companies

Symbol Name Price Change % Volume
SHO Sunstone Hotel Investors Inc. 15.75 0.06 0.38 2,223,381
SPF null n/a n/a n/a 0

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