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.
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 Wesco Aircraft Holdings . WAIR is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 10.55. This compares to its industry's average Forward P/E of 16.97. WAIR's Forward P/E has been as high as 15.53 and as low as 8.46, with a median of 10.57, all within the past year.
WAIR is also sporting a PEG ratio of 0.88. 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. WAIR's PEG compares to its industry's average PEG of 1.56. WAIR's PEG has been as high as 1.29 and as low as 0.70, with a median of 0.88, all within 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. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. WAIR has a P/S ratio of 0.63. This compares to its industry's average P/S of 1.07.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Wesco Aircraft Holdings is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, WAIR feels like a great value stock at the moment.
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Are Investors Undervaluing Wesco Aircraft Holdings (WAIR) 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.
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 Wesco Aircraft Holdings . WAIR is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 10.55. This compares to its industry's average Forward P/E of 16.97. WAIR's Forward P/E has been as high as 15.53 and as low as 8.46, with a median of 10.57, all within the past year.
WAIR is also sporting a PEG ratio of 0.88. 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. WAIR's PEG compares to its industry's average PEG of 1.56. WAIR's PEG has been as high as 1.29 and as low as 0.70, with a median of 0.88, all within 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. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. WAIR has a P/S ratio of 0.63. This compares to its industry's average P/S of 1.07.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Wesco Aircraft Holdings is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, WAIR feels like a great value stock at the moment.