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.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Atento . ATTO is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 11.87. This compares to its industry's average Forward P/E of 25.22. Over the past year, ATTO's Forward P/E has been as high as 146.10 and as low as 4.88, with a median of 6.27.
Investors will also notice that ATTO has a PEG ratio of 1.19. 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. ATTO's industry currently sports an average PEG of 2.40. Over the past 52 weeks, ATTO's PEG has been as high as 14.61 and as low as 0.53, with a median of 0.75.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Atento is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ATTO feels like a great value stock at the moment.
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Is Atento (ATTO) Stock Undervalued 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.
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.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Atento . ATTO is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 11.87. This compares to its industry's average Forward P/E of 25.22. Over the past year, ATTO's Forward P/E has been as high as 146.10 and as low as 4.88, with a median of 6.27.
Investors will also notice that ATTO has a PEG ratio of 1.19. 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. ATTO's industry currently sports an average PEG of 2.40. Over the past 52 weeks, ATTO's PEG has been as high as 14.61 and as low as 0.53, with a median of 0.75.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Atento is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ATTO feels like a great value stock at the moment.