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Should Value Investors Buy Metropolitan Bank Holding (MCB) Stock?
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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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 to watch right now is Metropolitan Bank Holding (MCB - Free Report) . MCB is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 8.6, while its industry has an average P/E of 9.82. MCB's Forward P/E has been as high as 9.86 and as low as 6.39, with a median of 8.36, all within the past year.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. MCB has a P/S ratio of 1.54. This compares to its industry's average P/S of 1.89.
Finally, investors should note that MCB has a P/CF ratio of 13.08. 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 stock's P/CF looks attractive against its industry's average P/CF of 15.15. Within the past 12 months, MCB's P/CF has been as high as 14.75 and as low as 7.39, with a median of 12.55.
SB Financial Group (SBFG - Free Report) may be another strong Banks - Northeast stock to add to your shortlist. SBFG is a Zacks Rank of #2 (Buy) stock with a Value grade of A.
SB Financial Group also has a P/B ratio of 1.06 compared to its industry's price-to-book ratio of 1.05. Over the past year, its P/B ratio has been as high as 1.26, as low as 0.80, with a median of 1.00.
These are just a handful of the figures considered in Metropolitan Bank Holding and SB Financial Group's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that MCB and SBFG is an impressive value stock right now.
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Should Value Investors Buy Metropolitan Bank Holding (MCB) Stock?
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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 to watch right now is Metropolitan Bank Holding (MCB - Free Report) . MCB is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 8.6, while its industry has an average P/E of 9.82. MCB's Forward P/E has been as high as 9.86 and as low as 6.39, with a median of 8.36, all within the past year.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. MCB has a P/S ratio of 1.54. This compares to its industry's average P/S of 1.89.
Finally, investors should note that MCB has a P/CF ratio of 13.08. 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 stock's P/CF looks attractive against its industry's average P/CF of 15.15. Within the past 12 months, MCB's P/CF has been as high as 14.75 and as low as 7.39, with a median of 12.55.
SB Financial Group (SBFG - Free Report) may be another strong Banks - Northeast stock to add to your shortlist. SBFG is a Zacks Rank of #2 (Buy) stock with a Value grade of A.
SB Financial Group also has a P/B ratio of 1.06 compared to its industry's price-to-book ratio of 1.05. Over the past year, its P/B ratio has been as high as 1.26, as low as 0.80, with a median of 1.00.
These are just a handful of the figures considered in Metropolitan Bank Holding and SB Financial Group's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that MCB and SBFG is an impressive value stock right now.