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Are Investors Undervaluing Piper Sandler Companies (PIPR) 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 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 Piper Sandler Companies (PIPR - Free Report) . PIPR 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 10.11, while its industry has an average P/E of 13.28. Over the last 12 months, PIPR's Forward P/E has been as high as 15.01 and as low as 9.99, with a median of 12.33.
Investors should also recognize that PIPR has a P/B ratio of 2.40. 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 solid versus its industry's average P/B of 2.66. PIPR's P/B has been as high as 2.49 and as low as 0.98, with a median of 1.99, over the past year.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. PIPR has a P/S ratio of 1.65. This compares to its industry's average P/S of 2.13.
Finally, we should also recognize that PIPR has a P/CF ratio of 13.30. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. PIPR's current P/CF looks attractive when compared to its industry's average P/CF of 17.98. Over the past year, PIPR's P/CF has been as high as 19.61 and as low as 7.21, with a median of 13.28.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Piper Sandler Companies is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, PIPR feels like a great value stock at the moment.
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Are Investors Undervaluing Piper Sandler Companies (PIPR) 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 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 Piper Sandler Companies (PIPR - Free Report) . PIPR 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 10.11, while its industry has an average P/E of 13.28. Over the last 12 months, PIPR's Forward P/E has been as high as 15.01 and as low as 9.99, with a median of 12.33.
Investors should also recognize that PIPR has a P/B ratio of 2.40. 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 solid versus its industry's average P/B of 2.66. PIPR's P/B has been as high as 2.49 and as low as 0.98, with a median of 1.99, over the past year.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. PIPR has a P/S ratio of 1.65. This compares to its industry's average P/S of 2.13.
Finally, we should also recognize that PIPR has a P/CF ratio of 13.30. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. PIPR's current P/CF looks attractive when compared to its industry's average P/CF of 17.98. Over the past year, PIPR's P/CF has been as high as 19.61 and as low as 7.21, with a median of 13.28.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Piper Sandler Companies is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, PIPR feels like a great value stock at the moment.