Wall Street Suggests These 2 High-Performing Stocks

Hallmark Financial Services, Pangaea Logistics Solutions are expected to outperform

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The following stocks have had positive performance over the past week, month, year and three years.

The following securities received a recommendation rating of overweight to buy from Wall Street, indicating they will likely continue to perform well over the next 52 weeks.

Further, these companies have a price-earnings ratio of less than 15, a price-book ratio below 1 and a price-sales ratio less than to 1.5, increasing the chances that they are trading below their intrinsic value.

Hallmark Financial Services Inc. (HALL, Financial) has climbed 9.6% over the last week, 17.7% over the past month, 21% so far this year, 29.3% over the last 52 weeks and 26.5% over the past three years through June 6.

The Fort Worth, Texas-based property and casualty insurer was trading around $12.92 per share at close on Thursday for a market capitalization of $234.15 million. The stock has a price-earnings ratio of 9.48 versus the industry median of 17.27, a price-book ratio of 0.86 versus an industry median of 1.43 and a price-sales ratio of 0.58 versus the industry median of 1.22.

Hallmark Financial Services doesn’t pay a dividend.

According to the Peter Lynch chart, the stock seems to be fairly priced.

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Wall Street issued an overweight recommendation rating for shares of Hallmark Financial Services Inc. with an average target price of $14.50, reflecting 12.2% upside from the closing price on Thursday. The overweight recommendation rating means that the stock is foreseen to outperform the market within 12 months.

In addition, GuruFocus assigned a financial strength rating of 4 out of 10 and a profitability and growth rating of 3 out of 10.

Pangaea Logistics Solutions Ltd. (PANL, Financial) has gained 7.2% over the last week, 17.7% over the past month, 27.4% year to date, 23% over the last 52 weeks and 57.3% over the past three years through June 6.

The stock was trading around $3.86 per share at close on Thursday for a market capitalization of $171.77 million. The stock has a price-earnings ratio of 9.72 versus an industry median of 15.94, a price-book ratio of 0.94 versus an industry median of 1.26 and a price-sales ratio of 0.44 compared to an industry median of 1.03.

On June 11, the Newport, Rhode Island-based global logistics and transportation services provider will pay its first cash quarterly dividend of 3.5 cents per common share to shareholders of record June 3. The payment, if held constant, means a forward dividend yield of 3.89% versus the industry median of 2.66% as of June 6.

The Peter Lynch chart suggests the stock is trading cheaply.

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Wall Street issued a buy recommendation rating with an average target price of $4.85 per share of Pangaea Logistics Solutions, reflecting 25.6% upside from the closing price on Thursday.

In addition, GuruFocus assigned a financial strength rating of 6 out of 10 and a profitability and growth rating of 5 out of 10.

Disclosure: I have no positions in any securities mentioned.

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