We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is BCB Bancorp NJ (BCBP) a Great Value Stock Right Now?
Read MoreHide Full Article
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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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 stock to keep an eye on is BCB Bancorp NJ (BCBP - Free Report) . BCBP is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 8.21. This compares to its industry's average Forward P/E of 10.28. Over the last 12 months, BCBP's Forward P/E has been as high as 8.23 and as low as 4.19, with a median of 5.74.
We should also highlight that BCBP has a P/B ratio of 0.77. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. BCBP's current P/B looks attractive when compared to its industry's average P/B of 1.46. Over the past year, BCBP's P/B has been as high as 1.18 and as low as 0.57, with a median of 0.71.
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 popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BCBP has a P/S ratio of 1.24. This compares to its industry's average P/S of 1.92.
Finally, investors will want to recognize that BCBP has a P/CF ratio of 6.23. 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 12.36. Over the past year, BCBP's P/CF has been as high as 6.95 and as low as 3.93, with a median of 5.02.
Another great Banks - Northeast stock you could consider is First United (FUNC - Free Report) , which is a # 2 (Buy) stock with a Value Score of A.
Furthermore, First United holds a P/B ratio of 1.01 and its industry's price-to-book ratio is 1.46. FUNC's P/B has been as high as 1.01, as low as 0.55, with a median of 0.72 over the past 12 months.
Value investors will likely look at more than just these metrics, but the above data helps show that BCB Bancorp NJ and First United are likely undervalued currently. And when considering the strength of its earnings outlook, BCBP and FUNC sticks out as one of the market's strongest value stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is BCB Bancorp NJ (BCBP) a Great Value Stock 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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 stock to keep an eye on is BCB Bancorp NJ (BCBP - Free Report) . BCBP is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 8.21. This compares to its industry's average Forward P/E of 10.28. Over the last 12 months, BCBP's Forward P/E has been as high as 8.23 and as low as 4.19, with a median of 5.74.
We should also highlight that BCBP has a P/B ratio of 0.77. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. BCBP's current P/B looks attractive when compared to its industry's average P/B of 1.46. Over the past year, BCBP's P/B has been as high as 1.18 and as low as 0.57, with a median of 0.71.
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 popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BCBP has a P/S ratio of 1.24. This compares to its industry's average P/S of 1.92.
Finally, investors will want to recognize that BCBP has a P/CF ratio of 6.23. 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 12.36. Over the past year, BCBP's P/CF has been as high as 6.95 and as low as 3.93, with a median of 5.02.
Another great Banks - Northeast stock you could consider is First United (FUNC - Free Report) , which is a # 2 (Buy) stock with a Value Score of A.
Furthermore, First United holds a P/B ratio of 1.01 and its industry's price-to-book ratio is 1.46. FUNC's P/B has been as high as 1.01, as low as 0.55, with a median of 0.72 over the past 12 months.
Value investors will likely look at more than just these metrics, but the above data helps show that BCB Bancorp NJ and First United are likely undervalued currently. And when considering the strength of its earnings outlook, BCBP and FUNC sticks out as one of the market's strongest value stocks.