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Is Aecom Technology (ACM) a Great Value Stock Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 to watch right now is Aecom Technology (ACM - Free Report) . ACM is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.90. This compares to its industry's average Forward P/E of 12.55. Over the last 12 months, ACM's Forward P/E has been as high as 12.26 and as low as 8.85, with a median of 10.82.
Investors should also recognize that ACM has a P/B ratio of 1.19. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.62. Within the past 52 weeks, ACM's P/B has been as high as 1.29 and as low as 0.94, with a median of 1.18.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. ACM has a P/S ratio of 0.27. This compares to its industry's average P/S of 0.61.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Aecom Technology is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ACM feels like a great value stock at the moment.
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Is Aecom Technology (ACM) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 to watch right now is Aecom Technology (ACM - Free Report) . ACM is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.90. This compares to its industry's average Forward P/E of 12.55. Over the last 12 months, ACM's Forward P/E has been as high as 12.26 and as low as 8.85, with a median of 10.82.
Investors should also recognize that ACM has a P/B ratio of 1.19. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.62. Within the past 52 weeks, ACM's P/B has been as high as 1.29 and as low as 0.94, with a median of 1.18.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. ACM has a P/S ratio of 0.27. This compares to its industry's average P/S of 0.61.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Aecom Technology is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ACM feels like a great value stock at the moment.