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Are Investors Undervaluing Kelly Services (KELYA) 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.
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.
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.
Kelly Services (KELYA - Free Report) is a stock many investors are watching right now. KELYA is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock has a Forward P/E ratio of 12.47. This compares to its industry's average Forward P/E of 13.64. Over the last 12 months, KELYA's Forward P/E has been as high as 21.62 and as low as 4.96, with a median of 11.19.
Investors should also note that KELYA holds a PEG ratio of 1.25. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. KELYA's PEG compares to its industry's average PEG of 1.96. Over the past 52 weeks, KELYA's PEG has been as high as 1.71 and as low as 1.10, with a median of 1.37.
We should also highlight that KELYA has a P/B ratio of 0.63. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.74. Over the past 12 months, KELYA's P/B has been as high as 0.77 and as low as 0.32, with a median of 0.58.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. KELYA has a P/S ratio of 0.15. This compares to its industry's average P/S of 0.37.
These are just a handful of the figures considered in Kelly Services'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 KELYA is an impressive value stock right now.
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Are Investors Undervaluing Kelly Services (KELYA) 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.
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.
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.
Kelly Services (KELYA - Free Report) is a stock many investors are watching right now. KELYA is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock has a Forward P/E ratio of 12.47. This compares to its industry's average Forward P/E of 13.64. Over the last 12 months, KELYA's Forward P/E has been as high as 21.62 and as low as 4.96, with a median of 11.19.
Investors should also note that KELYA holds a PEG ratio of 1.25. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. KELYA's PEG compares to its industry's average PEG of 1.96. Over the past 52 weeks, KELYA's PEG has been as high as 1.71 and as low as 1.10, with a median of 1.37.
We should also highlight that KELYA has a P/B ratio of 0.63. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.74. Over the past 12 months, KELYA's P/B has been as high as 0.77 and as low as 0.32, with a median of 0.58.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. KELYA has a P/S ratio of 0.15. This compares to its industry's average P/S of 0.37.
These are just a handful of the figures considered in Kelly Services'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 KELYA is an impressive value stock right now.