3 Undervalued US Stocks: Verra Mobility, Roku, and Rocket Lab

The US market has remained flat recently, but has seen an 11% increase over the past year with earnings forecasted to grow by 15% annually. Investors can identify stocks trading below their intrinsic value to potentially realize growth and value. Top undervalued stocks include Verra Mobility, Roku, Rocket Lab, and Coastal Financial Corporation, with estimated discounts to fair value ranging from 29.6% to 49.6%.

Title: Undervalued Stocks in the US Market: Opportunities Amidst Steady Growth

The US market has remained relatively flat in recent weeks, yet it has shown a robust 11% increase over the past year, with earnings projected to grow by 15% annually [1]. This context of steady growth and positive forecasts presents an opportunity for investors to capitalize on undervalued stocks. Several companies are trading significantly below their intrinsic value, offering potential for growth and value realization.

# Top Undervalued Stocks

1. Freshpet, Inc. (FRPT)
- Market Cap: $3.62 billion
- Estimated Discount to Fair Value: 46%
- Current Price: $74.13
- Fair Value Estimate: $137.32
- Overview: Freshpet manufactures and markets natural fresh meals and treats for dogs and cats. Despite a reported Q1 net loss of $12.7 million, earnings are forecast to grow significantly at 37.8% per year, outpacing the broader market's growth rate of 14.6%. Revenue is projected to increase by 15-18% in 2025, reflecting strong demand.

2. Banc of California, Inc. (BANC)
- Market Cap: $2.17 billion
- Estimated Discount to Fair Value: 34.4%
- Current Price: $13.80
- Fair Value Estimate: $21.03
- Overview: Banc of California is a bank holding company offering a range of banking products and services. The company's earnings are projected to grow at 36.6% annually over the next three years, outpacing the US market's growth rate. Recent buybacks and dividend affirmations further enhance shareholder value prospects.

3. Granite Ridge Resources, Inc. (GRNT)
- Market Cap: $840.43 million
- Estimated Discount to Fair Value: 44.2%
- Current Price: $6.41
- Fair Value Estimate: $11.48
- Overview: Granite Ridge Resources is a non-operated oil and natural gas exploration and production company. Despite a recent decline in profit margins and earnings per share, the company's earnings are expected to grow substantially at 49.7% annually, surpassing market averages.

# Alset Inc. Stock Repurchase Program

Alset Inc. (NASDAQ: AEI) has announced a $1 million stock repurchase program, demonstrating confidence in its long-term value and business fundamentals [2]. The repurchase program, authorized until December 31, 2025, aims to enhance shareholder value by potentially reducing the number of outstanding shares, which can positively impact earnings per share (EPS).

Conclusion

The US market's steady growth and positive earnings projections present an opportunity for investors to identify undervalued stocks. Companies like Freshpet, Banc of California, and Granite Ridge Resources offer potential for growth and value realization, with significant discounts to their fair value estimates. Additionally, Alset Inc.'s stock repurchase program reflects confidence in its long-term prospects and commitment to shareholder value.

References

[1] https://finance.yahoo.com/news/3-stocks-estimated-34-4-173754265.html

[2] https://www.nasdaq.com/articles/alset-inc-initiates-1-million-stock-repurchase-program-enhance-shareholder-value