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Is Ampco-Pittsburgh (AP) Stock Undervalued 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.
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 company value investors might notice is Ampco-Pittsburgh (AP - Free Report) . AP is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 7 right now. For comparison, its industry sports an average P/E of 10.72. Over the past 52 weeks, AP's Forward P/E has been as high as 103.28 and as low as -65.86, with a median of -43.
Finally, investors will want to recognize that AP has a P/CF ratio of 4.42. 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. This stock's P/CF looks attractive against its industry's average P/CF of 8.72. Over the past year, AP's P/CF has been as high as 5.12 and as low as -0.94, with a median of -0.68.
Value investors will likely look at more than just these metrics, but the above data helps show that Ampco-Pittsburgh is likely undervalued currently. And when considering the strength of its earnings outlook, AP sticks out at as one of the market's strongest value stocks.
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Is Ampco-Pittsburgh (AP) 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.
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 company value investors might notice is Ampco-Pittsburgh (AP - Free Report) . AP is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 7 right now. For comparison, its industry sports an average P/E of 10.72. Over the past 52 weeks, AP's Forward P/E has been as high as 103.28 and as low as -65.86, with a median of -43.
Finally, investors will want to recognize that AP has a P/CF ratio of 4.42. 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. This stock's P/CF looks attractive against its industry's average P/CF of 8.72. Over the past year, AP's P/CF has been as high as 5.12 and as low as -0.94, with a median of -0.68.
Value investors will likely look at more than just these metrics, but the above data helps show that Ampco-Pittsburgh is likely undervalued currently. And when considering the strength of its earnings outlook, AP sticks out at as one of the market's strongest value stocks.