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Is BG Staffing (BGSF) Stock Undervalued Right Now?
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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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is BG Staffing (BGSF - Free Report) . BGSF 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 12.60, while its industry has an average P/E of 14.52. Over the past year, BGSF's Forward P/E has been as high as 16.69 and as low as 4.33, with a median of 12.98.
Investors should also recognize that BGSF has a P/B ratio of 1.55. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.74. Over the past year, BGSF's P/B has been as high as 3.36 and as low as 0.94, with a median of 2.84.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. BGSF has a P/S ratio of 0.38. This compares to its industry's average P/S of 0.39.
These figures are just a handful of the metrics value investors tend to look at, but they help show that BG Staffing is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, BGSF feels like a great value stock at the moment.
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Is BG Staffing (BGSF) 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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is BG Staffing (BGSF - Free Report) . BGSF 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 12.60, while its industry has an average P/E of 14.52. Over the past year, BGSF's Forward P/E has been as high as 16.69 and as low as 4.33, with a median of 12.98.
Investors should also recognize that BGSF has a P/B ratio of 1.55. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.74. Over the past year, BGSF's P/B has been as high as 3.36 and as low as 0.94, with a median of 2.84.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. BGSF has a P/S ratio of 0.38. This compares to its industry's average P/S of 0.39.
These figures are just a handful of the metrics value investors tend to look at, but they help show that BG Staffing is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, BGSF feels like a great value stock at the moment.