The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Garrison Capital is a stock many investors are watching right now. GARS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 7.97, while its industry has an average P/E of 10.18. Over the last 12 months, GARS's Forward P/E has been as high as 8.82 and as low as 6.63, with a median of 7.99.
We should also highlight that GARS has a P/B ratio of 0.67. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. GARS's current P/B looks attractive when compared to its industry's average P/B of 0.91. GARS's P/B has been as high as 0.77 and as low as 0.55, with a median of 0.71, over the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. GARS has a P/S ratio of 3.07. This compares to its industry's average P/S of 5.07.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Garrison Capital is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GARS feels like a great value stock at the moment.
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Is Garrison Capital (GARS) Stock Undervalued Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Garrison Capital is a stock many investors are watching right now. GARS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 7.97, while its industry has an average P/E of 10.18. Over the last 12 months, GARS's Forward P/E has been as high as 8.82 and as low as 6.63, with a median of 7.99.
We should also highlight that GARS has a P/B ratio of 0.67. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. GARS's current P/B looks attractive when compared to its industry's average P/B of 0.91. GARS's P/B has been as high as 0.77 and as low as 0.55, with a median of 0.71, over the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. GARS has a P/S ratio of 3.07. This compares to its industry's average P/S of 5.07.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Garrison Capital is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GARS feels like a great value stock at the moment.