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Is Fox (FOX) Stock Undervalued Right Now?

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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 company to watch right now is Fox (FOX - Free Report) . FOX is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 11.21. This compares to its industry's average Forward P/E of 30.32. Over the past 52 weeks, FOX's Forward P/E has been as high as 13.47 and as low as 8.54, with a median of 11.05.

Investors will also notice that FOX has a PEG ratio of 1.11. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. FOX's industry has an average PEG of 1.43 right now. FOX's PEG has been as high as 7.25 and as low as 1.09, with a median of 1.70, all within the past year.

Finally, investors should note that FOX has a P/CF ratio of 10.25. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 19.75. Over the past 52 weeks, FOX's P/CF has been as high as 10.82 and as low as 7.49, with a median of 8.94.

Value investors will likely look at more than just these metrics, but the above data helps show that Fox is likely undervalued currently. And when considering the strength of its earnings outlook, FOX sticks out as one of the market's strongest value stocks.


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