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Why Rocky Brands (RCKY) Could Be a Top Value Stock Pick
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Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Rocky Brands, Inc. (RCKY - Free Report) .
Rocky Brands in Focus
RCKY may be an interesting play thanks to its forward PE of 9.8, its P/S ratio of 0.6, and its decent dividend yield of approximately 2.5%. These factors suggest that Rocky Brands is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that RCKY has decent revenue metrics to back up its earnings.
But before you think that Rocky Brands is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 9.5% in the past 60 days, thanks to one upward revisions in the past two months compared to none lower.
So really, Rocky Brands is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
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Why Rocky Brands (RCKY) Could Be a Top Value Stock Pick
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Rocky Brands, Inc. (RCKY - Free Report) .
Rocky Brands in Focus
RCKY may be an interesting play thanks to its forward PE of 9.8, its P/S ratio of 0.6, and its decent dividend yield of approximately 2.5%. These factors suggest that Rocky Brands is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that RCKY has decent revenue metrics to back up its earnings.
Rocky Brands, Inc. PE Ratio (TTM)
Rocky Brands, Inc. pe-ratio-ttm | Rocky Brands, Inc. Quote
But before you think that Rocky Brands is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 9.5% in the past 60 days, thanks to one upward revisions in the past two months compared to none lower.
This estimate strength is actually enough to push RCKY to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.
So really, Rocky Brands is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2020 today >>