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.
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 stock to keep an eye on is Ethan Allen . ETH is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 12.56. This compares to its industry's average Forward P/E of 17.64. Over the past year, ETH's Forward P/E has been as high as 302.79 and as low as 11.13, with a median of 15.16.
Finally, investors will want to recognize that ETH has a P/CF ratio of 17.11. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. ETH's current P/CF looks attractive when compared to its industry's average P/CF of 21.48. Over the past 52 weeks, ETH's P/CF has been as high as 24.16 and as low as 8.01, with a median of 16.96.
These are only a few of the key metrics included in Ethan Allen'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, ETH looks like an impressive value stock at the moment.
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Is Ethan Allen (ETH) 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 use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 stock to keep an eye on is Ethan Allen . ETH is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 12.56. This compares to its industry's average Forward P/E of 17.64. Over the past year, ETH's Forward P/E has been as high as 302.79 and as low as 11.13, with a median of 15.16.
Finally, investors will want to recognize that ETH has a P/CF ratio of 17.11. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. ETH's current P/CF looks attractive when compared to its industry's average P/CF of 21.48. Over the past 52 weeks, ETH's P/CF has been as high as 24.16 and as low as 8.01, with a median of 16.96.
These are only a few of the key metrics included in Ethan Allen'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, ETH looks like an impressive value stock at the moment.