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, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
One company value investors might notice is Dish Network . DISH is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 14.75 right now. For comparison, its industry sports an average P/E of 18.37. Over the past year, DISH's Forward P/E has been as high as 25.34 and as low as 12.39, with a median of 17.49.
Another valuation metric that we should highlight is DISH's P/B ratio of 2.19. The P/B ratio pits a stock's market value against 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 2.92. Over the past 12 months, DISH's P/B has been as high as 4.86 and as low as 1.78, with a median of 2.74.
Finally, we should also recognize that DISH has a P/CF ratio of 5.89. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. DISH's current P/CF looks attractive when compared to its industry's average P/CF of 6.62. Over the past 52 weeks, DISH's P/CF has been as high as 14.77 and as low as 4.80, with a median of 7.33.
These are just a handful of the figures considered in Dish Network'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 DISH is an impressive value stock right now.
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Should Value Investors Buy Dish Network (DISH) 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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
One company value investors might notice is Dish Network . DISH is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 14.75 right now. For comparison, its industry sports an average P/E of 18.37. Over the past year, DISH's Forward P/E has been as high as 25.34 and as low as 12.39, with a median of 17.49.
Another valuation metric that we should highlight is DISH's P/B ratio of 2.19. The P/B ratio pits a stock's market value against 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 2.92. Over the past 12 months, DISH's P/B has been as high as 4.86 and as low as 1.78, with a median of 2.74.
Finally, we should also recognize that DISH has a P/CF ratio of 5.89. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. DISH's current P/CF looks attractive when compared to its industry's average P/CF of 6.62. Over the past 52 weeks, DISH's P/CF has been as high as 14.77 and as low as 4.80, with a median of 7.33.
These are just a handful of the figures considered in Dish Network'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 DISH is an impressive value stock right now.