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Is Fox (FOXA) a Great Value Stock Right Now?

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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

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 use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

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 value investors might notice is Fox (FOXA - Free Report) . FOXA is currently sporting a Zacks Rank #1 (Strong Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 14.24. This compares to its industry's average Forward P/E of 28.11. Over the past 52 weeks, FOXA's Forward P/E has been as high as 14.74 and as low as 10.80, with a median of 12.55.

We should also highlight that FOXA has a P/B ratio of 2.24. 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. FOXA's current P/B looks attractive when compared to its industry's average P/B of 5.76. Over the past 12 months, FOXA's P/B has been as high as 2.31 and as low as 1.66, with a median of 2.03.

Finally, we should also recognize that FOXA has a P/CF ratio of 10.42. 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 11.49. Within the past 12 months, FOXA's P/CF has been as high as 11.64 and as low as 8.27, with a median of 9.76.

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, FOXA sticks out as one of the market's strongest value stocks.


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