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 accept our Privacy Policy and Terms of Service, revised from time to time, and 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.
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.
Are Investors Undervaluing First National (FXNC) Right Now?
Read MoreHide Full Article
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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is First National (FXNC - Free Report) . FXNC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 10.56, while its industry has an average P/E of 13.25. Over the past 52 weeks, FXNC's Forward P/E has been as high as 12.27 and as low as 7.40, with a median of 8.63.
Another notable valuation metric for FXNC is its P/B ratio of 1.19. 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 solid versus its industry's average P/B of 2.26. Over the past year, FXNC's P/B has been as high as 1.21 and as low as 0.79, with a median of 0.93.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. FXNC has a P/S ratio of 1.79. This compares to its industry's average P/S of 2.2.
Finally, investors should note that FXNC has a P/CF ratio of 15.86. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. FXNC's P/CF compares to its industry's average P/CF of 20.01. FXNC's P/CF has been as high as 15.86 and as low as 6.62, with a median of 9.83, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that First National is likely undervalued currently. And when considering the strength of its earnings outlook, FXNC sticks out at 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
Are Investors Undervaluing First National (FXNC) 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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is First National (FXNC - Free Report) . FXNC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 10.56, while its industry has an average P/E of 13.25. Over the past 52 weeks, FXNC's Forward P/E has been as high as 12.27 and as low as 7.40, with a median of 8.63.
Another notable valuation metric for FXNC is its P/B ratio of 1.19. 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 solid versus its industry's average P/B of 2.26. Over the past year, FXNC's P/B has been as high as 1.21 and as low as 0.79, with a median of 0.93.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. FXNC has a P/S ratio of 1.79. This compares to its industry's average P/S of 2.2.
Finally, investors should note that FXNC has a P/CF ratio of 15.86. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. FXNC's P/CF compares to its industry's average P/CF of 20.01. FXNC's P/CF has been as high as 15.86 and as low as 6.62, with a median of 9.83, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that First National is likely undervalued currently. And when considering the strength of its earnings outlook, FXNC sticks out at as one of the market's strongest value stocks.