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Are Investors Undervaluing Albertsons Companies (ACI) 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.
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.
Albertsons Companies (ACI - Free Report) is a stock many investors are watching right now. ACI is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 8.29 right now. For comparison, its industry sports an average P/E of 17.73. Over the past year, ACI's Forward P/E has been as high as 10.44 and as low as 7.46, with a median of 8.91.
ACI is also sporting a PEG ratio of 1.66. 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. ACI's PEG compares to its industry's average PEG of 2.65. Within the past year, ACI's PEG has been as high as 2.09 and as low as 0.93, with a median of 1.78.
Another valuation metric that we should highlight is ACI's P/B ratio of 3.11. 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. This stock's P/B looks attractive against its industry's average P/B of 5.14. Over the past year, ACI's P/B has been as high as 4.06 and as low as 3.11, with a median of 3.56.
These are only a few of the key metrics included in Albertsons Companies's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACI looks like an impressive value stock at the moment.
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Are Investors Undervaluing Albertsons Companies (ACI) Right Now?
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.
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.
Albertsons Companies (ACI - Free Report) is a stock many investors are watching right now. ACI is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 8.29 right now. For comparison, its industry sports an average P/E of 17.73. Over the past year, ACI's Forward P/E has been as high as 10.44 and as low as 7.46, with a median of 8.91.
ACI is also sporting a PEG ratio of 1.66. 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. ACI's PEG compares to its industry's average PEG of 2.65. Within the past year, ACI's PEG has been as high as 2.09 and as low as 0.93, with a median of 1.78.
Another valuation metric that we should highlight is ACI's P/B ratio of 3.11. 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. This stock's P/B looks attractive against its industry's average P/B of 5.14. Over the past year, ACI's P/B has been as high as 4.06 and as low as 3.11, with a median of 3.56.
These are only a few of the key metrics included in Albertsons Companies's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACI looks like an impressive value stock at the moment.