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Is Lockheed Martin (LMT) 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.
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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Lockheed Martin (LMT - Free Report) . LMT is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 16.42. This compares to its industry's average Forward P/E of 23.13. Over the past year, LMT's Forward P/E has been as high as 22.41 and as low as 14.48, with a median of 16.85.
We should also highlight that LMT has a P/B ratio of 11.90. 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 16.95. Within the past 52 weeks, LMT's P/B has been as high as 13.40 and as low as 8.46, with a median of 10.87.
Finally, investors should note that LMT has a P/CF ratio of 16.35. 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 stock's P/CF looks attractive against its industry's average P/CF of 39.31. Over the past 52 weeks, LMT's P/CF has been as high as 19.40 and as low as 14.23, with a median of 17.35.
Value investors will likely look at more than just these metrics, but the above data helps show that Lockheed Martin is likely undervalued currently. And when considering the strength of its earnings outlook, LMT sticks out at as one of the market's strongest value stocks.
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Is Lockheed Martin (LMT) Stock Undervalued 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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Lockheed Martin (LMT - Free Report) . LMT is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 16.42. This compares to its industry's average Forward P/E of 23.13. Over the past year, LMT's Forward P/E has been as high as 22.41 and as low as 14.48, with a median of 16.85.
We should also highlight that LMT has a P/B ratio of 11.90. 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 16.95. Within the past 52 weeks, LMT's P/B has been as high as 13.40 and as low as 8.46, with a median of 10.87.
Finally, investors should note that LMT has a P/CF ratio of 16.35. 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 stock's P/CF looks attractive against its industry's average P/CF of 39.31. Over the past 52 weeks, LMT's P/CF has been as high as 19.40 and as low as 14.23, with a median of 17.35.
Value investors will likely look at more than just these metrics, but the above data helps show that Lockheed Martin is likely undervalued currently. And when considering the strength of its earnings outlook, LMT sticks out at as one of the market's strongest value stocks.