UBS Comments on Computer Services & IT Consulting Stocks: Upward Bias to HRS, CACI & G
HRS Hot Sheet
Rating Summary:4 Buy, 9 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 18 | Down: 7 | New: 23
UBS comments on Computer Services & IT Consulting stocks: Sees upward bias to Harris Corporation (NYSE: HRS), CACI International (Nasdaq: CACI), and Genpact Limited (NYSE: G) ahead of earnings.
UBS analyst says, "HRS reports 4/28 and we believe RF Comm order strength has remained robust enough to drive upside to estimates, while valuation (11x P/E) remains attractive. Despite SAI’s recent guide-down, our latest checks suggest funded orders for CACI held up well in C1Q, and we believe shares remain undervalued at 9% FCF yield. Following G’s secondary offering, we believe near-term estimates are safe with potential for modest upside, though the stock has outperformed recently."
UBS analyst says, "HRS reports 4/28 and we believe RF Comm order strength has remained robust enough to drive upside to estimates, while valuation (11x P/E) remains attractive. Despite SAI’s recent guide-down, our latest checks suggest funded orders for CACI held up well in C1Q, and we believe shares remain undervalued at 9% FCF yield. Following G’s secondary offering, we believe near-term estimates are safe with potential for modest upside, though the stock has outperformed recently."
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