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Should Value Investors Buy Blue Bird (BLBD) Stock?
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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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
Blue Bird (BLBD - Free Report) is a stock many investors are watching right now. BLBD is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
Investors will also notice that BLBD has a PEG ratio of 1.57. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. BLBD's PEG compares to its industry's average PEG of 3.78. Over the last 12 months, BLBD's PEG has been as high as 1.58 and as low as 0.17, with a median of 0.83.
Investors should also recognize that BLBD has a P/B ratio of 8.5. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 8.71. BLBD's P/B has been as high as 12.82 and as low as 5.28, with a median of 6.96, over the past year.
These are only a few of the key metrics included in Blue Bird'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, BLBD looks like an impressive value stock at the moment.
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Should Value Investors Buy Blue Bird (BLBD) Stock?
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
Blue Bird (BLBD - Free Report) is a stock many investors are watching right now. BLBD is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
Investors will also notice that BLBD has a PEG ratio of 1.57. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. BLBD's PEG compares to its industry's average PEG of 3.78. Over the last 12 months, BLBD's PEG has been as high as 1.58 and as low as 0.17, with a median of 0.83.
Investors should also recognize that BLBD has a P/B ratio of 8.5. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 8.71. BLBD's P/B has been as high as 12.82 and as low as 5.28, with a median of 6.96, over the past year.
These are only a few of the key metrics included in Blue Bird'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, BLBD looks like an impressive value stock at the moment.