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Undervalued US Stocks With Bullish Signals: $LL $PROS $OSIS

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What to expect from Lumber Liquidators Holdings Inc in Q2?

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Lumber Liquidators Holdings Inc (NYSE:LL) stock is snowballing with undervalued trend since it has a PEG ratio of 0.84, which is below 1. The company is expected to report its second quarter financial results soon. The consensus estimates $0.10 per share quarterly loss, representing -242.9% YoY change.

Zacks estimate is suggesting that the revenues will total at $245.52 million, dropping 14.9% from the corresponding period in the previous year. Speculations around EPS are indicating a positive trend. Consensus estimate for Q2-2020 has been revised and pegged 51.79% higher since last month, at present.

Prosight Global Inc secures revolving credit facility of $65 million

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The present PEG ratio of Prosight Global Inc (NYSE:PROS) is 0.96, which is less than 1, demonstrating a beefed up and broadened prospect on the stock. The company announced that it closed revolving credit facility of $65 million. The announcement came on July 7, following the company's previous announcement of $165 million delayed draw term loan, meant for refinancing existing indebtedness worth the same amount, which is due for maturity in November this year.

The company's President and CEO, Larry Hannon stated, "We are pleased to have finalized this upsized revolver. This agreement builds upon our previously announced delayed draw term loan, and provides additional flexibility to support our growth."

This new revolving credit facility of $65 million has maturity tenure of three years and includes interest rates, which are associated with customary base rates.

OSI Systems, Inc. receives around $5 million order for optical sensors in medical devices

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The vertically integrated designer and manufacturer of specialized electronic systems, OSI Systems, Inc. (NASDAQ:OSIS) seems to be deepening in the market since the PEG ratio is 0.98, which is lower than 1.

OSIS is undervalued and hiked up after its previous week's announcement of Optoelectronics division receiving around $5 million order from one of the top most healthcare OEM or original equipment manufacturer. The order is meant for facilitating optical sensors that are used in medical devices.

The Chairman and CEO of company, Deepak Chopra said, "We are excited to receive this order and look forward to supporting this long-standing customer."

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The post Undervalued US Stocks With Bullish Signals: $LL $PROS $OSIS appeared first on The Market Signals.

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