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Is Buckle (BKE) 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.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One company value investors might notice is Buckle (BKE - Free Report) . BKE is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.76. This compares to its industry's average Forward P/E of 13.44. Over the last 12 months, BKE's Forward P/E has been as high as 16.31 and as low as 10.20, with a median of 11.88.

We should also highlight that BKE has a P/B ratio of 2.24. 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 solid versus its industry's average P/B of 3.22. Over the past 12 months, BKE's P/B has been as high as 3.47 and as low as 2.06, with a median of 2.43.

Finally, investors will want to recognize that BKE has a P/CF ratio of 6.89. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. BKE's current P/CF looks attractive when compared to its industry's average P/CF of 7.17. BKE's P/CF has been as high as 10.92 and as low as 6.52, with a median of 7.73, all within the past year.

These are just a handful of the figures considered in Buckle's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that BKE is an impressive value stock right now.


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