Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; NN, Inc. .
NN, Inc.in Focus
NNBR may be an interesting play thanks to its forward PE of 14.6, its P/S ratio of 0.8, and its decent dividend yield of 1.1%. These factors suggest that NN, Inc. is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that NNBR has decent revenue metrics to back up its earnings.
But before you think that NN, Inc. is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 6.2% in the past 60 days, thanks to 3 upward revisions in the past two months compared to none lower.
This estimate strength is actually enough to push NNBR to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.
So really, NN, Inc. is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Sell These Stocks Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks "Strong Sells" absolutely free >>.
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Why NN, Inc. (NNBR) Could Be a Top Value Stock Pick
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; NN, Inc. .
NN, Inc.in Focus
NNBR may be an interesting play thanks to its forward PE of 14.6, its P/S ratio of 0.8, and its decent dividend yield of 1.1%. These factors suggest that NN, Inc. is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that NNBR has decent revenue metrics to back up its earnings.
NN, Inc. PE Ratio (TTM)
NN, Inc. PE Ratio (TTM) | NN, Inc. Quote
But before you think that NN, Inc. is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 6.2% in the past 60 days, thanks to 3 upward revisions in the past two months compared to none lower.
This estimate strength is actually enough to push NNBR to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.
So really, NN, Inc. is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Sell These Stocks Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks "Strong Sells" absolutely free >>.