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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 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.
B&G Foods (BGS - Free Report) is a stock many investors are watching right now. BGS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 14.81, which compares to its industry's average of 18.40. BGS's Forward P/E has been as high as 16.86 and as low as 12.35, with a median of 14.33, all within the past year.
Another notable valuation metric for BGS is its P/B ratio of 1.93. The P/B ratio pits a stock's market value against 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 2.22. BGS's P/B has been as high as 2.64 and as low as 1.62, with a median of 2.20, over the past year.
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. BGS has a P/S ratio of 0.84. This compares to its industry's average P/S of 1.33.
Finally, investors should note that BGS has a P/CF ratio of 9.37. 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. BGS's P/CF compares to its industry's average P/CF of 17.41. Over the past year, BGS's P/CF has been as high as 12.27 and as low as 7.85, with a median of 9.92.
If you're looking for another solid Food - Miscellaneous value stock, take a look at United Natural Foods (UNFI - Free Report) . UNFI is a # 1 (Strong Buy) stock with a Value score of A.
Furthermore, United Natural Foods holds a P/B ratio of 1.42 and its industry's price-to-book ratio is 2.22. UNFI's P/B has been as high as 2.03, as low as 1.20, with a median of 1.40 over the past 12 months.
These are only a few of the key metrics included in B&G Foods and United Natural Foods strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, BGS and UNFI look like an impressive value stock at the moment.
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Is B&G Foods (BGS) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 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.
B&G Foods (BGS - Free Report) is a stock many investors are watching right now. BGS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 14.81, which compares to its industry's average of 18.40. BGS's Forward P/E has been as high as 16.86 and as low as 12.35, with a median of 14.33, all within the past year.
Another notable valuation metric for BGS is its P/B ratio of 1.93. The P/B ratio pits a stock's market value against 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 2.22. BGS's P/B has been as high as 2.64 and as low as 1.62, with a median of 2.20, over the past year.
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. BGS has a P/S ratio of 0.84. This compares to its industry's average P/S of 1.33.
Finally, investors should note that BGS has a P/CF ratio of 9.37. 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. BGS's P/CF compares to its industry's average P/CF of 17.41. Over the past year, BGS's P/CF has been as high as 12.27 and as low as 7.85, with a median of 9.92.
If you're looking for another solid Food - Miscellaneous value stock, take a look at United Natural Foods (UNFI - Free Report) . UNFI is a # 1 (Strong Buy) stock with a Value score of A.
Furthermore, United Natural Foods holds a P/B ratio of 1.42 and its industry's price-to-book ratio is 2.22. UNFI's P/B has been as high as 2.03, as low as 1.20, with a median of 1.40 over the past 12 months.
These are only a few of the key metrics included in B&G Foods and United Natural Foods strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, BGS and UNFI look like an impressive value stock at the moment.