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Are Investors Undervaluing Korn/Ferry (KFY) 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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 stock to keep an eye on is Korn/Ferry (KFY - Free Report) . KFY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 12.43, which compares to its industry's average of 13.29. Over the past 52 weeks, KFY's Forward P/E has been as high as 20.61 and as low as 10.66, with a median of 16.28.
Investors should also recognize that KFY has a P/B ratio of 2.15. 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 2.59. Within the past 52 weeks, KFY's P/B has been as high as 3.35 and as low as 1.83, with a median of 2.41.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Korn/Ferry is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, KFY feels like a great value stock at the moment.
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Are Investors Undervaluing Korn/Ferry (KFY) 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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 stock to keep an eye on is Korn/Ferry (KFY - Free Report) . KFY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 12.43, which compares to its industry's average of 13.29. Over the past 52 weeks, KFY's Forward P/E has been as high as 20.61 and as low as 10.66, with a median of 16.28.
Investors should also recognize that KFY has a P/B ratio of 2.15. 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 2.59. Within the past 52 weeks, KFY's P/B has been as high as 3.35 and as low as 1.83, with a median of 2.41.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Korn/Ferry is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, KFY feels like a great value stock at the moment.