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.
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 stock to keep an eye on is Sunworks, Inc. . SUNW is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A.
Investors should also note that SUNW holds a PEG ratio of 0.97. 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. SUNW's industry currently sports an average PEG of 1.63. Over the past 52 weeks, SUNW's PEG has been as high as 42.24 and as low as -0.18, with a median of 1.75.
We should also highlight that SUNW has a P/B ratio of 1.22. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.49. SUNW's P/B has been as high as 2.41 and as low as 0.55, with a median of 1.20, over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Sunworks, Inc. Is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SUNW feels like a great value stock at the moment.
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Is Sunworks, Inc. (SUNW) 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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 stock to keep an eye on is Sunworks, Inc. . SUNW is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A.
Investors should also note that SUNW holds a PEG ratio of 0.97. 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. SUNW's industry currently sports an average PEG of 1.63. Over the past 52 weeks, SUNW's PEG has been as high as 42.24 and as low as -0.18, with a median of 1.75.
We should also highlight that SUNW has a P/B ratio of 1.22. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.49. SUNW's P/B has been as high as 2.41 and as low as 0.55, with a median of 1.20, over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Sunworks, Inc. Is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SUNW feels like a great value stock at the moment.