logo
TransMedics Group And 2 Other Stocks That May Be Trading Below Estimated Value

TransMedics Group And 2 Other Stocks That May Be Trading Below Estimated Value

Yahoo03-04-2025

In recent days, the U.S. stock market has experienced significant volatility, with major indices like the Dow Jones and Nasdaq Composite seeing sharp declines following President Trump's announcement of new tariffs on imports. These developments have heightened concerns about inflation and economic growth, leading investors to reassess their strategies in a shifting landscape. In such uncertain times, identifying stocks that may be trading below their estimated value can provide opportunities for investors looking to strengthen their portfolios amidst broader market fluctuations.
Name
Current Price
Fair Value (Est)
Discount (Est)
Provident Financial Services (NYSE:PFS)
$17.60
$34.70
49.3%
Dime Community Bancshares (NasdaqGS:DCOM)
$28.64
$56.84
49.6%
MINISO Group Holding (NYSE:MNSO)
$19.27
$38.44
49.9%
Berkshire Hills Bancorp (NYSE:BHLB)
$26.21
$51.54
49.2%
ACNB (NasdaqCM:ACNB)
$41.47
$82.45
49.7%
Associated Banc-Corp (NYSE:ASB)
$22.62
$44.83
49.5%
CI&T (NYSE:CINT)
$5.90
$11.68
49.5%
Hooker Furnishings (NasdaqGS:HOFT)
$10.39
$20.49
49.3%
Advanced Micro Devices (NasdaqGS:AMD)
$102.96
$203.95
49.5%
Rocket Lab USA (NasdaqCM:RKLB)
$19.34
$38.36
49.6%
Click here to see the full list of 200 stocks from our Undervalued US Stocks Based On Cash Flows screener.
Let's uncover some gems from our specialized screener.
Overview: TransMedics Group, Inc. is a commercial-stage medical technology company focused on transforming organ transplant therapy for end-stage organ failure patients globally, with a market cap of approximately $2.30 billion.
Operations: The company generates its revenue primarily from the Surgical & Medical Equipment segment, which amounted to $441.54 million.
Estimated Discount To Fair Value: 44.1%
TransMedics Group's recent earnings report shows a strong recovery, with net income of US$35.46 million for 2024, reversing a prior year's loss. The stock is trading at US$73.11, significantly below its estimated fair value of US$130.7, suggesting undervaluation based on discounted cash flow analysis. Despite legal challenges alleging misleading practices, the company's projected annual profit growth of 27% and revenue guidance between US$530 million to US$552 million for 2025 highlight potential for robust future performance.
According our earnings growth report, there's an indication that TransMedics Group might be ready to expand.
Take a closer look at TransMedics Group's balance sheet health here in our report.
Overview: AvePoint, Inc. offers a cloud-native data management software platform across various global regions, with a market cap of $3.05 billion.
Operations: The company's revenue segment is derived entirely from Software & Programming, totaling $330.48 million.
Estimated Discount To Fair Value: 18.7%
AvePoint's stock, priced at US$15.12, is undervalued against its estimated fair value of US$18.59, though not by a significant margin. The company forecasts revenue growth of 17.6% per year, surpassing the broader US market's rate of 8.3%. Despite a net loss in 2024 and expected profitability within three years, AvePoint is actively expanding through strategic acquisitions and product enhancements to strengthen its SaaS business and global presence.
Upon reviewing our latest growth report, AvePoint's projected financial performance appears quite optimistic.
Navigate through the intricacies of AvePoint with our comprehensive financial health report here.
Overview: Palomar Holdings, Inc. is a specialty insurance company that offers property and casualty insurance to individuals and businesses in the United States, with a market cap of approximately $3.70 billion.
Operations: The company generates revenue primarily through its Earthquake, Wind, and Flood Insurance Products, totaling $553.86 million.
Estimated Discount To Fair Value: 29.9%
Palomar Holdings is trading at US$141.72, significantly below its fair value estimate of US$202.05, offering an attractive valuation based on cash flows. The company's earnings grew 48.4% last year and are expected to continue growing significantly over the next three years, outpacing the broader US market's growth rate. Despite recent insider selling and a shelf registration filing for US$129 million, Palomar's revenue growth remains robust, exceeding market averages with strong financial performance in 2024.
Our earnings growth report unveils the potential for significant increases in Palomar Holdings' future results.
Delve into the full analysis health report here for a deeper understanding of Palomar Holdings.
Gain an insight into the universe of 200 Undervalued US Stocks Based On Cash Flows by clicking here.
Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.
Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
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 NasdaqGM:TMDX NasdaqGS:AVPT and NasdaqGS:PLMR.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump Pledge of Quick China Magnet Flows Has Yet to Materialize
Trump Pledge of Quick China Magnet Flows Has Yet to Materialize

Yahoo

time10 minutes ago

  • Yahoo

Trump Pledge of Quick China Magnet Flows Has Yet to Materialize

(Bloomberg) -- Almost 10 days since President Donald Trump declared a 'done' trade deal with Beijing, US companies remain largely in the dark on when they'll receive crucial magnets from China — and whether Washington, in turn, will allow a host of other exports to resume. Security Concerns Hit Some of the World's 'Most Livable Cities' One Architect's Quest to Save Mumbai's Heritage From Disappearing JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown While there has been a trickle of required permits, many American firms that need Chinese minerals are still waiting on Beijing's approval for shipments, according to people familiar with the process. China's system is improving but remains cumbersome, they said, contrary to Trump's assurances rare earths would flow 'up front' after a June 11 accord struck in London. The delays are holding an array of American industries hostage to the rocky US-China relationship, as some firms wait for magnets and others face restrictions selling to China. That friction risks derailing a fragile tariff truce clinched by Washington and Beijing in Geneva last month, and triggering fresh rounds of retaliation. Interviews with multiple Western buyers, industry insiders and officials familiar with discussions revealed frustration over vague policies in both countries and lingering confusion about what level of magnet approvals from China would trigger Trump to abandon his tit-for-tat export curbs. 'Even if export approvals accelerate, there are so many unknowns about the licensing regime that it's impossible for companies to have a strong sense of certainty about future supply,' said Christopher Beddor, deputy China research director at Gavekal Research. 'At a minimum, they need to factor in a real possibility that talks could break down again, and exports will be halted.' In response to China's sluggishness on magnets, Trump last month restricted US firms from exporting chip software, jet engines and a key ingredient to make plastic to China until President Xi Jinping restores rare-earth exports. Companies subject to Washington's curbs have halted billions of dollars in planned shipments as they wait for players in unrelated sectors to secure permits from Beijing, which could take weeks or even months to process, given the current pace. Corporate chiefs affected by the export-control spat have sought clarity from the administration on its strategy, according to people familiar with the matter. The Commerce Department — which administers the rules — has offered few details, they added. Oil industry executives have tried to convince Trump officials that blocking exports of ethane — a gas used to make plastics — is contrary to US national security interests, according to people familiar with the deliberations. Business leaders have asked for export restrictions to be removed but that's been unsuccessful so far, the people said. Energy and chemical giant INEOS Group Holdings SA has one tanker full of ethane waiting to go, while Enterprise Products Partners has three to four cargo ships stuck in limbo, according to a person familiar with the matter. That's particularly galling because China has adequate ethane supplies in reserve and can switch to using naphtha from the Middle East and other regions for much of their production, the people said. Representatives from the companies did not respond to requests for comment. Industry figures have consistently told the Trump administration the ethane export restrictions are inflicting more pain on US interests than on China, according to the people. China's Ministry of Commerce, which administers export licenses, hasn't responded to Bloomberg's questions on how many for rare earths have been granted since the London talks. At a regular briefing in Beijing on Thursday, spokesperson He Yadong said Beijing was 'accelerating' its process and had given the go-ahead to a 'certain number of compliant applications.' Access to rare earths is an issue 'that is going to continue to metastasize until there is resolution,' said Adam Johnson, chief executive officer of Principal Mineral, which invests in US mineral supply chains for industrial defense. 'This is just a spigot that can be turned on and off by China.' China only agreed to grant licenses — if at all — for six months, before companies need to reapply for approvals. Firms doing business in the US and China could see recurring interruptions, unless the Commerce Ministry significantly increases its pace of process applications. Adding an extra layer of jeopardy for US companies, Chinese suppliers to America's military-industrial base are unlikely to get any magnet permits. After Trump imposed sky-high tariffs in April, Beijing put samarium — a metal essential for weapons such as guided missiles, smart bombs and fighter jets — on a dual-use list that specifically prohibits its shipment for military use. Denying such permits could cause ties to further spiral if Trump believes those actions violate the agreement, the terms of which were never publicized in writing by either side. That sticking point went unresolved during roughly 20 hours of negotiations last week in the UK capital, people familiar with the details said. Complicating the issue, companies often buy magnets from third-party suppliers, which serve both defense and auto firms, according to a person familiar with the matter. That creates a high burden to prove to Chinese authorities a shipment's final destination is a motor not a missile, the person added. Beijing still hasn't officially spelled out the deal's requirements, nor has Xi publicly signaled his endorsement of it — a step Trump said was necessary. 'The Geneva and London talks made solid progress towards negotiating an eventual comprehensive trade deal with China,' White House spokesman Kush Desai said. 'The administration continues to monitor China's compliance with the agreement reached at Geneva.' China's Commerce Ministry is working to facilitate more approvals even as it asks for reams of information on how the materials will be used, according to people familiar with the process. In some cases, companies have been asked to supply data including detailed product designs, one of the people said. Morris Hammer, who leads the US rare-earth magnet business for South Korean steelmaker Posco Holdings Inc., said Chinese officials have expedited shipments for some major US and European automakers since Trump announced the agreement. China's Advanced Technology & Materials said Wednesday it had obtained permits for some magnet orders, without specifying for which destinations. The company's customers include European aerospace giant Airbus SE, according to data compiled by Bloomberg. Around half of US suppliers to Toyota Motor Corp., for example, have had export licenses granted, the company said – but they're still waiting for those materials to actually be delivered. It's likely some of the delays are transport-related, one of the people said. Even with permits coming online, rare-earth materials are still scarce because overseas shipments were halted for two months starting in April, depleting inventories. Trump's agreement 'will allow for rare earths to flow out of the country for a short period of time, but it's not helping the auto industry because they're still talking shutdowns,' Hammer said. 'Nobody trusts that this thaw is going to last.' For many automakers, the situation remains unpredictable – forcing some to hunt for alternatives to Chinese supplies. Two days after Trump touted a finalized trade accord in London, Ford Motor Co. Chief Executive Officer Jim Farley described a 'day-to-day' dynamic around rare-earths licenses – which have already forced the company to temporarily shutter one plant. General Motors Co. has emphasized it's on firmer footing in the longer term, because it invested in domestic magnet making back in 2021. The automaker has an exclusive deal to get the products from MP Materials Corp. in Texas, with production starting later in the year. It has another deal with eVAC of Germany to get magnets from a South Carolina plant starting in 2026. In the meantime, GM and its suppliers have applied for permits to get magnets from China, a person familiar with the matter said. Scott Keogh, the CEO of Scout Motors — the upstart EV brand of Volkswagen AG — told Bloomberg Television his company is re—engineering brakes and drive units to reduce the need for rare earths. Scout is building a plant in South Carolina to make fully electric and hybrid SUVs as well as trucks starting in 2027. Until the rare-earth supply line is re-opened to Washington's satisfaction, Trump has indicated that the US is likely to keep in place its own export restrictions. Senior US officials have suggested the curbs are about building and using leverage, rather than their official justification: national security. Commerce Secretary Howard Lutnick said the measures were used to 'annoy' China into complying with a deal US negotiators thought they'd already reached. Restrictions on sales to China of electronic design automation software for chipmaking are emblematic of the standoff. Those EDA tools are used to design everything, from the highest-end processors for the likes of Nvidia Corp. and Apple Inc. to simple parts, such as power-regulation components. Fully limiting China's access to the best software, made by a trio of Western firms, has been a longtime priority in some Washington national security circles — and would build on years of US measures targeting China's semiconductor prowess. While some senior Trump officials specifically indicated the administration would relax some semiconductor-related curbs if Beijing relents on rare earths, EDA companies still lack details on when, and whether, their China access will be restored, said industry officials who requested anonymity to speak candidly. Even if that happens, there's worry that heightened geopolitical risks will push Chinese customers to hunt for other suppliers or further develop domestic capabilities. 'The risk is there for the London deal to fall apart,' said Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis. 'Because rare earths is a very granular issue and mistakes can be made.' --With assistance from Jennifer A. Dlouhy, David Welch, Lucille Liu, James Mayger, Jing Li, Joe Ryan and Nicholas Lua. Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? The US Has More Copper Than China But No Way to Refine All of It Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Lawmaker queries retailers in probe of link between tariffs and grocery prices
Lawmaker queries retailers in probe of link between tariffs and grocery prices

Yahoo

time10 minutes ago

  • Yahoo

Lawmaker queries retailers in probe of link between tariffs and grocery prices

This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Sen. Maggie Hassan has asked Albertsons, Kroger, Walmart, Costco and Dollar General for information about how increased tariffs the Trump administration has imposed on imported steel and aluminum could affect stores, suppliers and costs in the grocery supply chain. In June 18 letters to the chief executives of the retailers, the New Hampshire senator requested details including how they expect tariffs on the metals — which doubled to 50% on June 4 — to impact the cost of private label products, particularly canned foods and frozen meals. Hassan, the ranking member of Congress' Joint Economic Committee, indicated that Democrats on the Republican-controlled panel are especially interested in how increases in metal prices could impact canned good costs. She asked the retailers for details about their costs, revenue and profit margins for their best-selling canned food and aluminum foil products over the past five quarters. In addition, Hassan requested information about how customers who receive Supplemental Nutrition Assistance Program (SNAP) benefits shop for canned goods, including a breakdown of their purchases in terms of brand name and private label products. Hassan also said she wants an estimate of the number of jobs the retailers support in industries such as construction, food packaging and food processing. 'High grocery prices are a top economic concern for Americans, and experts state that tariffs could significantly increase the cost of canned foods,' Hassan wrote. 'Experts have also noted potential impacts from tariffs on the costs of shelving, equipment, transportation, and other inputs that grocery stores and their suppliers need to operate, which, in turn, could also lead to higher food prices for customers.' In the letters, Hassan cited data from the Consumer Brands Association indicating that the 50% levy on imported steel could push prices for canned foods up by between 9% and 15%. She also pointed to statistics showing that the U.S. imports almost 70% of the steel used for canned fruits and vegetables. Hassan gave the retailers until July 9 to supply the information she requested. Grocery prices rose at an annual rate of 2.2% in May, the Bureau of Labor Statistics reported June 11. By comparison, food-at-home inflation came in at 2% in April and 2.4% in March. Recommended Reading Trump tariffs could hike canned food prices up to 15%, trade group says Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Chip equipment stocks fall after US plans to revoke China waivers
Chip equipment stocks fall after US plans to revoke China waivers

Yahoo

time10 minutes ago

  • Yahoo

Chip equipment stocks fall after US plans to revoke China waivers

-- Taiwan Semiconductor Manufacturing (NYSE:TSM) stock fell 2%, Lam Research (NASDAQ:LRCX) shares tumbled 5%, and Applied Materials (NASDAQ:AMAT) dropped 4% following reports that a U.S. official plans to revoke technology waivers for chipmakers operating in China. Jeffrey Kessler, who leads the export controls unit at the Commerce Department, has informed major semiconductor manufacturers including Taiwan Semiconductor Manufacturing, Samsung Electronics (KS:005930), and SK Hynix of his intention to cancel blanket waivers that currently allow them to ship American chip-making equipment to their factories in China without applying for separate licenses each time, according to the Wall Street Journal. The potential policy change is reportedly part of the Trump administration's broader efforts to restrict critical U.S. technology from going to China. If implemented, the move could create significant disruption both diplomatically and economically, coming shortly after the U.S. and China established a trade truce in London. White House officials have stated that this action would not represent a new trade escalation but would instead align the licensing system for chip equipment with China's existing system for rare-earth materials. They added that the U.S. and China continue to make progress on completing their London agreement. "Chip makers will still be able to operate in China. The new enforcement mechanisms on chips mirror licensing requirements that apply to other semiconductor companies that export to China and ensure the United States has an equal and reciprocal process," a Commerce Department spokesman said. The semiconductor equipment sector is particularly vulnerable to changes in U.S.-China trade policy, as many companies rely on access to the Chinese market for significant portions of their revenue. Related articles Chip equipment stocks fall after US plans to revoke China waivers QXO won't participate in bidding war for GMS - source Reddit in talks to use Sam Altman's World ID for user verification - Semafor

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store