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SNX vs. TRMB: Which Stock Is the Better Value Option?
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Investors with an interest in Electronics - Miscellaneous Products stocks have likely encountered both TD SYNNEX (SNX - Free Report) and Trimble Navigation (TRMB - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Right now, TD SYNNEX is sporting a Zacks Rank of #2 (Buy), while Trimble Navigation has a Zacks Rank of #4 (Sell). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that SNX has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
SNX currently has a forward P/E ratio of 9.19, while TRMB has a forward P/E of 18.77. We also note that SNX has a PEG ratio of 1.10. 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. TRMB currently has a PEG ratio of 1.88.
Another notable valuation metric for SNX is its P/B ratio of 1.19. 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. By comparison, TRMB has a P/B of 2.92.
These are just a few of the metrics contributing to SNX's Value grade of A and TRMB's Value grade of C.
SNX stands above TRMB thanks to its solid earnings outlook, and based on these valuation figures, we also feel that SNX is the superior value option right now.
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SNX vs. TRMB: Which Stock Is the Better Value Option?
Investors with an interest in Electronics - Miscellaneous Products stocks have likely encountered both TD SYNNEX (SNX - Free Report) and Trimble Navigation (TRMB - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Right now, TD SYNNEX is sporting a Zacks Rank of #2 (Buy), while Trimble Navigation has a Zacks Rank of #4 (Sell). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that SNX has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
SNX currently has a forward P/E ratio of 9.19, while TRMB has a forward P/E of 18.77. We also note that SNX has a PEG ratio of 1.10. 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. TRMB currently has a PEG ratio of 1.88.
Another notable valuation metric for SNX is its P/B ratio of 1.19. 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. By comparison, TRMB has a P/B of 2.92.
These are just a few of the metrics contributing to SNX's Value grade of A and TRMB's Value grade of C.
SNX stands above TRMB thanks to its solid earnings outlook, and based on these valuation figures, we also feel that SNX is the superior value option right now.