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Is CooperStandard (CPS) 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.
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.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
CooperStandard (CPS - Free Report) is a stock many investors are watching right now. CPS is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 17.19, which compares to its industry's average of 18.06. CPS's Forward P/E has been as high as 18.31 and as low as 16.39, with a median of 17.67, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CPS has a P/S ratio of 0.25. This compares to its industry's average P/S of 0.74.
If you're looking for another solid Automotive - Original Equipment value stock, take a look at Strattec Security (STRT - Free Report) . STRT is a Zacks Rank of #1 (Strong Buy) stock with a Value score of A.
Shares of Strattec Security are currently trading at a forward earnings multiple of 16.18 and a PEG ratio of 1.62 compared to its industry's P/E and PEG ratios of 18.06 and 0.95, respectively.
Over the past year, STRT's P/E has been as high as 20.21, as low as 8.54, with a median of 13.89; its PEG ratio has been as high as 2.02, as low as 0.85, with a median of 1.39 during the same time period.
Additionally, Strattec Security has a P/B ratio of 1.19 while its industry's price-to-book ratio sits at 3.44. For STRT, this valuation metric has been as high as 1.38, as low as 0.58, with a median of 0.77 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that CooperStandard and Strattec Security are likely undervalued currently. And when considering the strength of its earnings outlook, CPS and STRT sticks out as one of the market's strongest value stocks.
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Is CooperStandard (CPS) a Great Value Stock 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.
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.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
CooperStandard (CPS - Free Report) is a stock many investors are watching right now. CPS is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 17.19, which compares to its industry's average of 18.06. CPS's Forward P/E has been as high as 18.31 and as low as 16.39, with a median of 17.67, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CPS has a P/S ratio of 0.25. This compares to its industry's average P/S of 0.74.
If you're looking for another solid Automotive - Original Equipment value stock, take a look at Strattec Security (STRT - Free Report) . STRT is a Zacks Rank of #1 (Strong Buy) stock with a Value score of A.
Shares of Strattec Security are currently trading at a forward earnings multiple of 16.18 and a PEG ratio of 1.62 compared to its industry's P/E and PEG ratios of 18.06 and 0.95, respectively.
Over the past year, STRT's P/E has been as high as 20.21, as low as 8.54, with a median of 13.89; its PEG ratio has been as high as 2.02, as low as 0.85, with a median of 1.39 during the same time period.
Additionally, Strattec Security has a P/B ratio of 1.19 while its industry's price-to-book ratio sits at 3.44. For STRT, this valuation metric has been as high as 1.38, as low as 0.58, with a median of 0.77 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that CooperStandard and Strattec Security are likely undervalued currently. And when considering the strength of its earnings outlook, CPS and STRT sticks out as one of the market's strongest value stocks.