Tracking 8 Stocks that Beat EPS but Are Underperforming

NEW YORK (TheStreet) -- With stocks challenging 52-week highs, multi-year year highs and in some cases all-time highs, it's surprising to observe that the performances of many stocks after reporting better than expected earnings have been lackluster at best.

Today I update my profiles for 11 stocks that reported quarterly results between Jan. 30 and Feb. 13. Eight reported better than expected EPS, while three missed.

On Jan. 29 I wrote, Jungle of Earnings Includes Amazon, and earnings from the stocks profiled in this post reported their quarterly results between Jan. 30 and Feb. 1.

On Tuesday I wrote, Will Cisco Befriend Investors?, and earnings from five of the eight in this post reported their quarterly results between Feb. 12 and Feb. 13.

At www.ValuEngine.com we show that 64.8% of all stocks are overvalued, which is on the cusp of a ValuEngine valuation warning. All 16 sectors are overvalued, 11 by double-digit percentages. Today's stocks are in seven sectors; aerospace is 7.1% overvalued, computer & technology is 14.4% overvalued, industrial products is 21.5% overvalued, medical is 14.3% overvalued, oils-energy is overvalued by 6.5%, retail-wholesale is 11.9% overvalued and transportation is 17.9% overvalued.

Reading the Table

OV/UN Valued: Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.

VE Rating: A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy.

Last 12-Month Return (%): Stocks with a red number declined by that percentage over the last 12 months. Stocks with a black number increased by that percentage.