Is Lifetime Brands (LCUT) Stock Undervalued Right Now?

LCUT

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.

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.

One company to watch right now is Lifetime Brands (LCUT - Free Report) . LCUT 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 6.22, while its industry has an average P/E of 11.85. LCUT's Forward P/E has been as high as 16.31 and as low as 4.70, with a median of 7.10, all within the past year.

Another valuation metric that we should highlight is LCUT's P/B ratio of 0.47. 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 0.91. Over the past year, LCUT's P/B has been as high as 1.02 and as low as 0.45, with a median of 0.72.

These are only a few of the key metrics included in Lifetime Brands's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, LCUT looks like an impressive value stock at the moment.

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