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Should Value Investors Buy ADEIA INC (ADEA) Stock?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 stock to keep an eye on is ADEIA INC (ADEA - Free Report) . ADEA is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A.
Another valuation metric that we should highlight is ADEA's P/B ratio of 3.61. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 5.84. Within the past 52 weeks, ADEA's P/B has been as high as 3.95 and as low as 0.77, with a median of 2.36.
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. ADEA has a P/S ratio of 1.72. This compares to its industry's average P/S of 1.79.
Investors could also keep in mind MarketWise (MKTW - Free Report) , an Technology Services stock with a Zacks Rank of # 2 (Buy) and Value grade of A.
MarketWise also has a P/B ratio of -2.47 compared to its industry's price-to-book ratio of 5.84. Over the past year, its P/B ratio has been as high as -1.53, as low as -3.56, with a median of -2.23.
These figures are just a handful of the metrics value investors tend to look at, but they help show that ADEIA INC and MarketWise are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ADEA and MKTW feels like a great value stock at the moment.
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Should Value Investors Buy ADEIA INC (ADEA) Stock?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 stock to keep an eye on is ADEIA INC (ADEA - Free Report) . ADEA is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A.
Another valuation metric that we should highlight is ADEA's P/B ratio of 3.61. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 5.84. Within the past 52 weeks, ADEA's P/B has been as high as 3.95 and as low as 0.77, with a median of 2.36.
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. ADEA has a P/S ratio of 1.72. This compares to its industry's average P/S of 1.79.
Investors could also keep in mind MarketWise (MKTW - Free Report) , an Technology Services stock with a Zacks Rank of # 2 (Buy) and Value grade of A.
MarketWise also has a P/B ratio of -2.47 compared to its industry's price-to-book ratio of 5.84. Over the past year, its P/B ratio has been as high as -1.53, as low as -3.56, with a median of -2.23.
These figures are just a handful of the metrics value investors tend to look at, but they help show that ADEIA INC and MarketWise are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ADEA and MKTW feels like a great value stock at the moment.