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Should Value Investors Buy Geely Automobile (GELYY) Stock?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Geely Automobile (GELYY - Free Report) . GELYY is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 7.57, while its industry has an average P/E of 7.61. Over the last 12 months, GELYY's Forward P/E has been as high as 17.38 and as low as 4.80, with a median of 8.30.
Investors will also notice that GELYY has a PEG ratio of 1.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GELYY's industry has an average PEG of 1.66 right now. Within the past year, GELYY's PEG has been as high as 1.34 and as low as 0.39, with a median of 0.65.
These are just a handful of the figures considered in Geely Automobile's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that GELYY is an impressive value stock right now.
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Should Value Investors Buy Geely Automobile (GELYY) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Geely Automobile (GELYY - Free Report) . GELYY is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 7.57, while its industry has an average P/E of 7.61. Over the last 12 months, GELYY's Forward P/E has been as high as 17.38 and as low as 4.80, with a median of 8.30.
Investors will also notice that GELYY has a PEG ratio of 1.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GELYY's industry has an average PEG of 1.66 right now. Within the past year, GELYY's PEG has been as high as 1.34 and as low as 0.39, with a median of 0.65.
These are just a handful of the figures considered in Geely Automobile's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that GELYY is an impressive value stock right now.