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Is Hackett Group (HCKT) a Great Value Stock 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, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 Hackett Group (HCKT - Free Report) . HCKT is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 14.09 right now. For comparison, its industry sports an average P/E of 25.46. HCKT's Forward P/E has been as high as 16.53 and as low as 8.74, with a median of 14.65, all within the past year.
Investors should also note that HCKT holds a PEG ratio of 1.04. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. HCKT's industry has an average PEG of 2.27 right now. Within the past year, HCKT's PEG has been as high as 1.22 and as low as 0.65, with a median of 1.02.
Another valuation metric that we should highlight is HCKT's P/B ratio of 3.44. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. HCKT's current P/B looks attractive when compared to its industry's average P/B of 5.89. Over the past year, HCKT's P/B has been as high as 3.98 and as low as 2.10, with a median of 3.56.
Value investors will likely look at more than just these metrics, but the above data helps show that Hackett Group is likely undervalued currently. And when considering the strength of its earnings outlook, HCKT sticks out at as one of the market's strongest value stocks.
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Is Hackett Group (HCKT) a Great Value Stock Right Now?
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, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 Hackett Group (HCKT - Free Report) . HCKT is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 14.09 right now. For comparison, its industry sports an average P/E of 25.46. HCKT's Forward P/E has been as high as 16.53 and as low as 8.74, with a median of 14.65, all within the past year.
Investors should also note that HCKT holds a PEG ratio of 1.04. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. HCKT's industry has an average PEG of 2.27 right now. Within the past year, HCKT's PEG has been as high as 1.22 and as low as 0.65, with a median of 1.02.
Another valuation metric that we should highlight is HCKT's P/B ratio of 3.44. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. HCKT's current P/B looks attractive when compared to its industry's average P/B of 5.89. Over the past year, HCKT's P/B has been as high as 3.98 and as low as 2.10, with a median of 3.56.
Value investors will likely look at more than just these metrics, but the above data helps show that Hackett Group is likely undervalued currently. And when considering the strength of its earnings outlook, HCKT sticks out at as one of the market's strongest value stocks.