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Is Gibraltar Industries (ROCK) a Great Value Stock 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.

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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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 stock to keep an eye on is Gibraltar Industries (ROCK - Free Report) . ROCK is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 13.68 right now. For comparison, its industry sports an average P/E of 17.18. Over the past year, ROCK's Forward P/E has been as high as 15.52 and as low as 9.82, with a median of 12.52.

We also note that ROCK holds a PEG ratio of 0.91. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. ROCK's industry has an average PEG of 1.34 right now. Within the past year, ROCK's PEG has been as high as 0.97 and as low as 0.77, with a median of 0.90.

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. ROCK has a P/S ratio of 0.92. This compares to its industry's average P/S of 1.41.

Finally, we should also recognize that ROCK has a P/CF ratio of 11.72. 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. ROCK's P/CF compares to its industry's average P/CF of 14.85. ROCK's P/CF has been as high as 16.53 and as low as 9.37, with a median of 11.78, all within the past year.

These are just a handful of the figures considered in Gibraltar Industries's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that ROCK is an impressive value stock right now.

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