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Are Investors Undervaluing AB SKF (SKFRY) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 AB SKF (SKFRY - Free Report) . SKFRY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 11.32, while its industry has an average P/E of 15.82. Over the past 52 weeks, SKFRY's Forward P/E has been as high as 15.86 and as low as 8.16, with a median of 11.66.
Finally, our model also underscores that SKFRY has a P/CF ratio of 9.62. 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 10.78. Within the past 12 months, SKFRY's P/CF has been as high as 11.33 and as low as 5.73, with a median of 8.56.
Investors could also keep in mind Worthington Industries (WOR - Free Report) , an Metal Products - Procurement and Fabrication stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Worthington Industries also has a P/B ratio of 1.90 compared to its industry's price-to-book ratio of 4.97. Over the past year, its P/B ratio has been as high as 1.90, as low as 1.15, with a median of 1.65.
Value investors will likely look at more than just these metrics, but the above data helps show that AB SKF and Worthington Industries are likely undervalued currently. And when considering the strength of its earnings outlook, SKFRY and WOR sticks out as one of the market's strongest value stocks.
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Are Investors Undervaluing AB SKF (SKFRY) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 AB SKF (SKFRY - Free Report) . SKFRY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 11.32, while its industry has an average P/E of 15.82. Over the past 52 weeks, SKFRY's Forward P/E has been as high as 15.86 and as low as 8.16, with a median of 11.66.
Finally, our model also underscores that SKFRY has a P/CF ratio of 9.62. 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 10.78. Within the past 12 months, SKFRY's P/CF has been as high as 11.33 and as low as 5.73, with a median of 8.56.
Investors could also keep in mind Worthington Industries (WOR - Free Report) , an Metal Products - Procurement and Fabrication stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Worthington Industries also has a P/B ratio of 1.90 compared to its industry's price-to-book ratio of 4.97. Over the past year, its P/B ratio has been as high as 1.90, as low as 1.15, with a median of 1.65.
Value investors will likely look at more than just these metrics, but the above data helps show that AB SKF and Worthington Industries are likely undervalued currently. And when considering the strength of its earnings outlook, SKFRY and WOR sticks out as one of the market's strongest value stocks.