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Is Information Services Group (III) a Great Value Stock Right Now?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 Information Services Group (III - Free Report) . III is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 12.24, while its industry has an average P/E of 24.22. Over the last 12 months, III's Forward P/E has been as high as 14.51 and as low as 6.33, with a median of 10.72.
Investors will also notice that III has a PEG ratio of 0.87. 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. III's PEG compares to its industry's average PEG of 2.26. Over the past 52 weeks, III's PEG has been as high as 1.04 and as low as 0.45, with a median of 0.77.
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. III has a P/S ratio of 0.58. This compares to its industry's average P/S of 1.56.
Value investors will likely look at more than just these metrics, but the above data helps show that Information Services Group is likely undervalued currently. And when considering the strength of its earnings outlook, III sticks out at as one of the market's strongest value stocks.
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Is Information Services Group (III) a Great Value Stock Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 Information Services Group (III - Free Report) . III is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 12.24, while its industry has an average P/E of 24.22. Over the last 12 months, III's Forward P/E has been as high as 14.51 and as low as 6.33, with a median of 10.72.
Investors will also notice that III has a PEG ratio of 0.87. 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. III's PEG compares to its industry's average PEG of 2.26. Over the past 52 weeks, III's PEG has been as high as 1.04 and as low as 0.45, with a median of 0.77.
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. III has a P/S ratio of 0.58. This compares to its industry's average P/S of 1.56.
Value investors will likely look at more than just these metrics, but the above data helps show that Information Services Group is likely undervalued currently. And when considering the strength of its earnings outlook, III sticks out at as one of the market's strongest value stocks.