An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalays Inc.$\text{'}$s stock should be $$33\mathrm{.}58$ per share, but Mandalays Inc.$\text{'}$s stock is trading at $$37\mathrm{.}32$ per share on the New York Stock Exchange $($NYSE$).$ Considering the analyst's expectations, the stock is currently:

undervalued

in equilibrium

overvalued