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Is Commercial Vehicle Group (CVGI) 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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.
One stock to keep an eye on is Commercial Vehicle Group (CVGI - Free Report) . CVGI is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
Another notable valuation metric for CVGI is its P/B ratio of 1.76. 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 company's current P/B looks solid when compared to its industry's average P/B of 3.46. Over the past year, CVGI's P/B has been as high as 4.25 and as low as 1.65, with a median of 2.53.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CVGI has a P/S ratio of 0.24. This compares to its industry's average P/S of 0.71.
Finally, investors will want to recognize that CVGI has a P/CF ratio of 6.16. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 13.61. CVGI's P/CF has been as high as 25.89 and as low as 5.68, with a median of 8.19, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Commercial Vehicle Group is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CVGI feels like a great value stock at the moment.
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Is Commercial Vehicle Group (CVGI) 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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.
One stock to keep an eye on is Commercial Vehicle Group (CVGI - Free Report) . CVGI is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
Another notable valuation metric for CVGI is its P/B ratio of 1.76. 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 company's current P/B looks solid when compared to its industry's average P/B of 3.46. Over the past year, CVGI's P/B has been as high as 4.25 and as low as 1.65, with a median of 2.53.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CVGI has a P/S ratio of 0.24. This compares to its industry's average P/S of 0.71.
Finally, investors will want to recognize that CVGI has a P/CF ratio of 6.16. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 13.61. CVGI's P/CF has been as high as 25.89 and as low as 5.68, with a median of 8.19, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Commercial Vehicle Group is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CVGI feels like a great value stock at the moment.