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Is First Savings Financial Group (FSFG) a Great Value Stock 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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is First Savings Financial Group (FSFG - Free Report) . FSFG is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 7.80, while its industry has an average P/E of 9.18. Over the past 52 weeks, FSFG's Forward P/E has been as high as 11.26 and as low as 7.66, with a median of 9.42.
We should also highlight that FSFG has a P/B ratio of 0.94. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. FSFG's current P/B looks attractive when compared to its industry's average P/B of 0.97. Over the past 12 months, FSFG's P/B has been as high as 1.17 and as low as 0.93, with a median of 1.02.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. FSFG has a P/S ratio of 1.25. This compares to its industry's average P/S of 2.66.
Finally, investors should note that FSFG has a P/CF ratio of 7.62. 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. FSFG's P/CF compares to its industry's average P/CF of 8.01. Over the past year, FSFG's P/CF has been as high as 8.14 and as low as 4.20, with a median of 7.10.
These are just a handful of the figures considered in First Savings Financial Group's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that FSFG is an impressive value stock right now.
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Is First Savings Financial Group (FSFG) a Great Value Stock 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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is First Savings Financial Group (FSFG - Free Report) . FSFG is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 7.80, while its industry has an average P/E of 9.18. Over the past 52 weeks, FSFG's Forward P/E has been as high as 11.26 and as low as 7.66, with a median of 9.42.
We should also highlight that FSFG has a P/B ratio of 0.94. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. FSFG's current P/B looks attractive when compared to its industry's average P/B of 0.97. Over the past 12 months, FSFG's P/B has been as high as 1.17 and as low as 0.93, with a median of 1.02.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. FSFG has a P/S ratio of 1.25. This compares to its industry's average P/S of 2.66.
Finally, investors should note that FSFG has a P/CF ratio of 7.62. 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. FSFG's P/CF compares to its industry's average P/CF of 8.01. Over the past year, FSFG's P/CF has been as high as 8.14 and as low as 4.20, with a median of 7.10.
These are just a handful of the figures considered in First Savings Financial Group's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that FSFG is an impressive value stock right now.