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Is World Kinect Corporation (WKC) a Great Value Stock 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is World Kinect Corporation (WKC - Free Report) . WKC is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 10.11 right now. For comparison, its industry sports an average P/E of 11.25. Over the past 52 weeks, WKC's Forward P/E has been as high as 13.20 and as low as 8.52, with a median of 10.97.
WKC is also sporting a PEG ratio of 1.03. 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. WKC's industry has an average PEG of 1.24 right now. Over the past 52 weeks, WKC's PEG has been as high as 1.21 and as low as 0.69, with a median of 0.96.
Another valuation metric that we should highlight is WKC's P/B ratio of 0.91. 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. WKC's current P/B looks attractive when compared to its industry's average P/B of 2.05. WKC's P/B has been as high as 1.03 and as low as 0.68, with a median of 0.83, over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that World Kinect Corporation is likely undervalued currently. And when considering the strength of its earnings outlook, WKC sticks out as one of the market's strongest value stocks.
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Is World Kinect Corporation (WKC) a Great Value Stock 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is World Kinect Corporation (WKC - Free Report) . WKC is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 10.11 right now. For comparison, its industry sports an average P/E of 11.25. Over the past 52 weeks, WKC's Forward P/E has been as high as 13.20 and as low as 8.52, with a median of 10.97.
WKC is also sporting a PEG ratio of 1.03. 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. WKC's industry has an average PEG of 1.24 right now. Over the past 52 weeks, WKC's PEG has been as high as 1.21 and as low as 0.69, with a median of 0.96.
Another valuation metric that we should highlight is WKC's P/B ratio of 0.91. 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. WKC's current P/B looks attractive when compared to its industry's average P/B of 2.05. WKC's P/B has been as high as 1.03 and as low as 0.68, with a median of 0.83, over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that World Kinect Corporation is likely undervalued currently. And when considering the strength of its earnings outlook, WKC sticks out as one of the market's strongest value stocks.