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Is Buckle (BKE) Stock Undervalued Right Now?

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

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 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 Buckle (BKE - Free Report) . BKE is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 9.63 right now. For comparison, its industry sports an average P/E of 13.15. Over the past year, BKE's Forward P/E has been as high as 15.66 and as low as 9.31, with a median of 11.87.

Investors should also recognize that BKE has a P/B ratio of 2.24. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.35. BKE's P/B has been as high as 3.35 and as low as 1.86, with a median of 2.44, over the past year.

Finally, our model also underscores that BKE has a P/CF ratio of 7.28. 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. BKE's P/CF compares to its industry's average P/CF of 8.59. BKE's P/CF has been as high as 10.92 and as low as 5.99, with a median of 7.95, all within the past year.

Value investors will likely look at more than just these metrics, but the above data helps show that Buckle is likely undervalued currently. And when considering the strength of its earnings outlook, BKE sticks out at as one of the market's strongest value stocks.


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