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Is The Buckle (BKE) Stock Undervalued Right Now?

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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.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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 to watch right now is The Buckle (BKE - Free Report) . BKE is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 6.13 right now. For comparison, its industry sports an average P/E of 11.63. Over the past year, BKE's Forward P/E has been as high as 13 and as low as 5.08, with a median of 7.48.

Finally, investors should note that BKE has a P/CF ratio of 5.89. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 6.05. Over the past year, BKE's P/CF has been as high as 9.99 and as low as 4.74, with a median of 6.32.

Investors could also keep in mind Designer Brands (DBI - Free Report) , an Retail - Apparel and Shoes stock with a Zacks Rank of # 2 (Buy) and Value grade of A.

Designer Brands sports a P/B ratio of 3.41 as well; this compares to its industry's price-to-book ratio of 2.76. In the past 52 weeks, DBI's P/B has been as high as 3.83, as low as 2.01, with a median of 2.60.

Value investors will likely look at more than just these metrics, but the above data helps show that The Buckle and Designer Brands are likely undervalued currently. And when considering the strength of its earnings outlook, BKE and DBI sticks out as one of the market's strongest value stocks.


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Buckle, Inc. (The) (BKE) - free report >>

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