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Is Advanced Energy Industries (AEIS) 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, 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 Advanced Energy Industries (AEIS - Free Report) . AEIS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 9.32, which compares to its industry's average of 12.63. Over the last 12 months, AEIS's Forward P/E has been as high as 20.42 and as low as 8.86, with a median of 12.01.
Investors will also notice that AEIS has a PEG ratio of 0.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. AEIS's industry currently sports an average PEG of 1.14. Over the last 12 months, AEIS's PEG has been as high as 1.57 and as low as 0.89, with a median of 1.26.
Investors should also recognize that AEIS has a P/B ratio of 3.18. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 7.49. Over the past 12 months, AEIS's P/B has been as high as 6.87 and as low as 3.02, with a median of 4.51.
Finally, investors should note that AEIS has a P/CF ratio of 12.12. 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. AEIS's current P/CF looks attractive when compared to its industry's average P/CF of 19.56. AEIS's P/CF has been as high as 21.08 and as low as 11.51, with a median of 15.51, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Advanced Energy Industries is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AEIS feels like a great value stock at the moment.
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Is Advanced Energy Industries (AEIS) 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, 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 Advanced Energy Industries (AEIS - Free Report) . AEIS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 9.32, which compares to its industry's average of 12.63. Over the last 12 months, AEIS's Forward P/E has been as high as 20.42 and as low as 8.86, with a median of 12.01.
Investors will also notice that AEIS has a PEG ratio of 0.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. AEIS's industry currently sports an average PEG of 1.14. Over the last 12 months, AEIS's PEG has been as high as 1.57 and as low as 0.89, with a median of 1.26.
Investors should also recognize that AEIS has a P/B ratio of 3.18. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 7.49. Over the past 12 months, AEIS's P/B has been as high as 6.87 and as low as 3.02, with a median of 4.51.
Finally, investors should note that AEIS has a P/CF ratio of 12.12. 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. AEIS's current P/CF looks attractive when compared to its industry's average P/CF of 19.56. AEIS's P/CF has been as high as 21.08 and as low as 11.51, with a median of 15.51, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Advanced Energy Industries is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AEIS feels like a great value stock at the moment.