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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
One company to watch right now is Cardtronics . CATM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 14.20, while its industry has an average P/E of 22.41. Over the past 52 weeks, CATM's Forward P/E has been as high as 20.86 and as low as 6.41, with a median of 15.90.
We also note that CATM holds a PEG ratio of 1.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CATM's PEG compares to its industry's average PEG of 1.50. Over the last 12 months, CATM's PEG has been as high as 1.87 and as low as 0.53, with a median of 1.40.
Another notable valuation metric for CATM is its P/B ratio of 3.29. 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 company's current P/B looks solid when compared to its industry's average P/B of 9.34. Within the past 52 weeks, CATM's P/B has been as high as 4.41 and as low as 2.17, with a median of 2.99.
Finally, investors will want to recognize that CATM has a P/CF ratio of 6.25. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 23.25. Over the past 52 weeks, CATM's P/CF has been as high as 7.71 and as low as 3.40, with a median of 5.07.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Cardtronics is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CATM feels like a great value stock at the moment.
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Is Cardtronics (CATM) 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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
One company to watch right now is Cardtronics . CATM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 14.20, while its industry has an average P/E of 22.41. Over the past 52 weeks, CATM's Forward P/E has been as high as 20.86 and as low as 6.41, with a median of 15.90.
We also note that CATM holds a PEG ratio of 1.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CATM's PEG compares to its industry's average PEG of 1.50. Over the last 12 months, CATM's PEG has been as high as 1.87 and as low as 0.53, with a median of 1.40.
Another notable valuation metric for CATM is its P/B ratio of 3.29. 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 company's current P/B looks solid when compared to its industry's average P/B of 9.34. Within the past 52 weeks, CATM's P/B has been as high as 4.41 and as low as 2.17, with a median of 2.99.
Finally, investors will want to recognize that CATM has a P/CF ratio of 6.25. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 23.25. Over the past 52 weeks, CATM's P/CF has been as high as 7.71 and as low as 3.40, with a median of 5.07.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Cardtronics is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CATM feels like a great value stock at the moment.