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Is Amalgamated Financial (AMAL) Stock Undervalued Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. 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 stock to keep an eye on is Amalgamated Financial (AMAL - Free Report) . AMAL is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 7.27. This compares to its industry's average Forward P/E of 8.86. Over the last 12 months, AMAL's Forward P/E has been as high as 10.97 and as low as 6.91, with a median of 8.53.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. AMAL has a P/S ratio of 1.87. This compares to its industry's average P/S of 3.34.
Finally, we should also recognize that AMAL has a P/CF ratio of 7.51. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 8.59. Over the past 52 weeks, AMAL's P/CF has been as high as 10.58 and as low as 6.90, with a median of 8.38.
Value investors will likely look at more than just these metrics, but the above data helps show that Amalgamated Financial is likely undervalued currently. And when considering the strength of its earnings outlook, AMAL sticks out as one of the market's strongest value stocks.
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Is Amalgamated Financial (AMAL) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. 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 stock to keep an eye on is Amalgamated Financial (AMAL - Free Report) . AMAL is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 7.27. This compares to its industry's average Forward P/E of 8.86. Over the last 12 months, AMAL's Forward P/E has been as high as 10.97 and as low as 6.91, with a median of 8.53.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. AMAL has a P/S ratio of 1.87. This compares to its industry's average P/S of 3.34.
Finally, we should also recognize that AMAL has a P/CF ratio of 7.51. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 8.59. Over the past 52 weeks, AMAL's P/CF has been as high as 10.58 and as low as 6.90, with a median of 8.38.
Value investors will likely look at more than just these metrics, but the above data helps show that Amalgamated Financial is likely undervalued currently. And when considering the strength of its earnings outlook, AMAL sticks out as one of the market's strongest value stocks.