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Are Investors Undervaluing Hannover Ruck (HVRRY) Right Now?
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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.
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 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 company value investors might notice is Hannover Ruck (HVRRY - Free Report) . HVRRY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 12.16. This compares to its industry's average Forward P/E of 18.87. Over the past year, HVRRY's Forward P/E has been as high as 14.30 and as low as 12.16, with a median of 13.
Another notable valuation metric for HVRRY is its P/B ratio of 2.58. 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 6.32. Over the past year, HVRRY's P/B has been as high as 2.95 and as low as 2.20, with a median of 2.46.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by 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. HVRRY has a P/S ratio of 1.02. This compares to its industry's average P/S of 1.88.
Finally, investors will want to recognize that HVRRY has a P/CF ratio of 14.41. 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 21.12. Over the past year, HVRRY's P/CF has been as high as 16.47 and as low as 12.61, with a median of 14.55.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Hannover Ruck is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, HVRRY feels like a great value stock at the moment.
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Are Investors Undervaluing Hannover Ruck (HVRRY) Right Now?
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.
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 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 company value investors might notice is Hannover Ruck (HVRRY - Free Report) . HVRRY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 12.16. This compares to its industry's average Forward P/E of 18.87. Over the past year, HVRRY's Forward P/E has been as high as 14.30 and as low as 12.16, with a median of 13.
Another notable valuation metric for HVRRY is its P/B ratio of 2.58. 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 6.32. Over the past year, HVRRY's P/B has been as high as 2.95 and as low as 2.20, with a median of 2.46.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by 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. HVRRY has a P/S ratio of 1.02. This compares to its industry's average P/S of 1.88.
Finally, investors will want to recognize that HVRRY has a P/CF ratio of 14.41. 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 21.12. Over the past year, HVRRY's P/CF has been as high as 16.47 and as low as 12.61, with a median of 14.55.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Hannover Ruck is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, HVRRY feels like a great value stock at the moment.