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Is Outfront Media (OUT) 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.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. 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 value investors might notice is Outfront Media (OUT - Free Report) . OUT is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 9.19, while its industry has an average P/E of 15.39. Over the last 12 months, OUT's Forward P/E has been as high as 10.12 and as low as 7.58, with a median of 9.23.

OUT is also sporting a PEG ratio of 1.25. 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. OUT's PEG compares to its industry's average PEG of 2.74. Within the past year, OUT's PEG has been as high as 1.71 and as low as 1.03, with a median of 1.51.

Finally, investors should note that OUT has a P/CF ratio of 10.50. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 15.74. Over the past 52 weeks, OUT's P/CF has been as high as 11.02 and as low as 7.71, with a median of 9.41.

These are only a few of the key metrics included in Outfront Media'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, OUT looks like an impressive value stock at the moment.


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