While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Knoll . KNL is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 12.13 right now. For comparison, its industry sports an average P/E of 14.48. Over the past 52 weeks, KNL's Forward P/E has been as high as 16.27 and as low as 10.50, with a median of 12.07.
We should also highlight that KNL has a P/B ratio of 3.13. The P/B ratio is used to compare a stock's market value with 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 3.22. Over the past year, KNL's P/B has been as high as 3.34 and as low as 2.58, with a median of 2.90.
Finally, we should also recognize that KNL has a P/CF ratio of 10.40. 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. KNL's current P/CF looks attractive when compared to its industry's average P/CF of 12.54. Within the past 12 months, KNL's P/CF has been as high as 11.99 and as low as 8.60, with a median of 9.81.
These are only a few of the key metrics included in Knoll'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, KNL looks like an impressive value stock at the moment.
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Is Knoll (KNL) Stock Undervalued Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Knoll . KNL is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 12.13 right now. For comparison, its industry sports an average P/E of 14.48. Over the past 52 weeks, KNL's Forward P/E has been as high as 16.27 and as low as 10.50, with a median of 12.07.
We should also highlight that KNL has a P/B ratio of 3.13. The P/B ratio is used to compare a stock's market value with 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 3.22. Over the past year, KNL's P/B has been as high as 3.34 and as low as 2.58, with a median of 2.90.
Finally, we should also recognize that KNL has a P/CF ratio of 10.40. 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. KNL's current P/CF looks attractive when compared to its industry's average P/CF of 12.54. Within the past 12 months, KNL's P/CF has been as high as 11.99 and as low as 8.60, with a median of 9.81.
These are only a few of the key metrics included in Knoll'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, KNL looks like an impressive value stock at the moment.