These Stocks Have Become An Attractive Value Play: Accuray Incorporated (ARAY), Floor & Decor Holdings, Inc. (FND)

3 analysts out of 7 Wall Street brokerage firms rate Accuray Incorporated (NASDAQ:ARAY) as a Buy, while 1 see it as a Sell. The rest 3 describe it as a Hold. ARAY stock traded higher to an intra-day high of $4.6. At one point in session, its potential discontinued and the price was down to lows at $4.4. Analysts have set ARAY’s consensus price at $6.78, effectively giving it a 53.74% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $10 (up 126.76% from current price levels). ARAY has a -50.7% ROE, lower than the 9.11% average for the industry. The average ROE for the sector is 13.04%.

It is expected that in Mar 2019 quarter ARAY will have an EPS of $-0.04, suggesting a 60% growth. For Jun 2019 is projected at $0.05. It means that there could be a 600% growth in the quarter. Yearly earnings are expected to rise by 42.86% to about $-0.16. As for the coming year, growth will be about 112.5%, lifting earnings to $0.02. RSI after the last trading period was 37.76. ARAY recorded a change of -10.37% over the past week and returned 12.79% over the last three months while the ARAY stock’s monthly performance revealed a shift in price of -11.8%. The year to date (YTD) performance stands at 29.33%, and the bi-yearly performance specified an activity trend of 16.05% while the shares have moved -22.63% for the past 12 months.

Accuray Incorporated (ARAY) currently trades at $4.41, which is lower by -3.71% its previous price. It has a total of 90.65 million outstanding shares, with an ATR of around 0.22. The company’s stock volume dropped to 1.45 million, worse than 955.2 thousands that represents its 50-day average. A 5-day decrease of about -10.37% in its price means ARAY is now 29.33% higher on year-to-date. The shares have surrendered $43455.59 since its $5.75 52-week high price recorded on 15th of March 2018. Overall, it has seen a growth rate of -22.63 over the last 12 months. The current price per share is $1.25 above the 52 week low of $3.16 set on 26th of December 2018.

Accuray Incorporated (NASDAQ:ARAY)’s EPS was $-0.05 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $-0.06. That means that its growth in general now stands at -17%. Therefore, a prediction of $-0.08 given by the analysts brought a negative surprise of -38%. ARAY Dec 19 quarter revenue was $102.32 million, compared to $100.33 million recorded in same quarter last year, giving it a 2% growth rate. The company’s $1.99 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Floor & Decor Holdings, Inc. (NYSE:FND) shares depreciated -4.11% over the last trading period, taking overall 5-day performance up to 0.34%. FND’s price now at $38.45 is greater than the 50-day average of $34.04. Getting the trading period increased to 200 days, the stock price was seen at $36.71 on average. The general public currently hold control of a total of 85.16 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 95.74 million. The company’s management holds a total of 0.2%, while institutional investors hold about 0% of the remaining shares. FND share price finished last trade 1.93% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 4.6%, while closing the session with 13.79% distance from 50 day simple moving average.

Floor & Decor Holdings, Inc. (FND) shares were last observed trading -34.03% down since April 05, 2018 when the peak of $58.28 was hit. Last month’s price growth of 14.06% puts FND performance for the year now at 48.46%. Consequently, the shares price is trending higher by 65.06%, a 52-week worst price since Dec. 24, 2018. However, it is regaining value with 4.77% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $35.67 and $37.06. The immediate resistance area is now $39.8 Williams’s %R (14) for FND moved to 47.85 while the stochastic %K points at 79.55.

FND’s beta is 0; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $1.1 per share from its yearly profit to its outstanding shares. Its last reported revenue is $436.74 million, which was 12% versus $389.5 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.2 compared to $0.19 in the year-ago quarter and had represented 5% year-over-year earnings per share growth. FND’s ROA is 10.2%, lower than the 21.58% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 6.71%.

Estimated quarterly earnings for Floor & Decor Holdings, Inc. (NYSE:FND) are around $0.28 per share in three months through March with $0.33 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 7.69% and 22.22%, respectively. Analysts estimate full-year growth to be 13.4%, the target being $1.1 a share. The upcoming year will see an increase in growth by percentage to 24.55%, more likely to see it hit the $1.37 per share. The firm’s current profit margin over the past 12 months is 6.8%. FND ranks lower in comparison to an average of 14.19% for industry peers; while the average for the sector is 13.43%.