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Is Acco Brands (ACCO) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One stock to keep an eye on is Acco Brands (ACCO - Free Report) . ACCO is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 6.04 right now. For comparison, its industry sports an average P/E of 16.46. ACCO's Forward P/E has been as high as 9.03 and as low as 5.51, with a median of 7.03, all within the past year.
Investors will also notice that ACCO has a PEG ratio of 0.95. 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. ACCO's industry currently sports an average PEG of 2.35. Within the past year, ACCO's PEG has been as high as 1.29 and as low as 0.79, with a median of 1.09.
Another notable valuation metric for ACCO is its P/B ratio of 1.20. Investors use the P/B ratio to look at a stock's market value versus 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 2.07. ACCO's P/B has been as high as 1.30 and as low as 0.69, with a median of 1.10, over the past year.
Finally, investors will want to recognize that ACCO has a P/CF ratio of 5.53. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 16.17. ACCO's P/CF has been as high as 8.08 and as low as 3.40, with a median of 5.64, all within the past year.
These are only a few of the key metrics included in Acco Brands's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACCO looks like an impressive value stock at the moment.
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Is Acco Brands (ACCO) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One stock to keep an eye on is Acco Brands (ACCO - Free Report) . ACCO is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 6.04 right now. For comparison, its industry sports an average P/E of 16.46. ACCO's Forward P/E has been as high as 9.03 and as low as 5.51, with a median of 7.03, all within the past year.
Investors will also notice that ACCO has a PEG ratio of 0.95. 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. ACCO's industry currently sports an average PEG of 2.35. Within the past year, ACCO's PEG has been as high as 1.29 and as low as 0.79, with a median of 1.09.
Another notable valuation metric for ACCO is its P/B ratio of 1.20. Investors use the P/B ratio to look at a stock's market value versus 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 2.07. ACCO's P/B has been as high as 1.30 and as low as 0.69, with a median of 1.10, over the past year.
Finally, investors will want to recognize that ACCO has a P/CF ratio of 5.53. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 16.17. ACCO's P/CF has been as high as 8.08 and as low as 3.40, with a median of 5.64, all within the past year.
These are only a few of the key metrics included in Acco Brands's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACCO looks like an impressive value stock at the moment.