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Are Investors Undervaluing LSI Industries (LYTS) 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.
LSI Industries (LYTS - Free Report) is a stock many investors are watching right now. LYTS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Investors should also note that LYTS holds a PEG ratio of 0.40. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. LYTS's PEG compares to its industry's average PEG of 1.08. Over the past 52 weeks, LYTS's PEG has been as high as 0.43 and as low as 0.34, with a median of 0.37.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. LYTS has a P/S ratio of 0.68. This compares to its industry's average P/S of 0.96.
These figures are just a handful of the metrics value investors tend to look at, but they help show that LSI Industries is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, LYTS feels like a great value stock at the moment.
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Are Investors Undervaluing LSI Industries (LYTS) 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.
LSI Industries (LYTS - Free Report) is a stock many investors are watching right now. LYTS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Investors should also note that LYTS holds a PEG ratio of 0.40. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. LYTS's PEG compares to its industry's average PEG of 1.08. Over the past 52 weeks, LYTS's PEG has been as high as 0.43 and as low as 0.34, with a median of 0.37.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. LYTS has a P/S ratio of 0.68. This compares to its industry's average P/S of 0.96.
These figures are just a handful of the metrics value investors tend to look at, but they help show that LSI Industries is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, LYTS feels like a great value stock at the moment.