Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is Hanger . HNGR is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 15.79, which compares to its industry's average of 23.92. Over the past 52 weeks, HNGR's Forward P/E has been as high as 17.96 and as low as 12.08, with a median of 14.23.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. HNGR has a P/S ratio of 0.62. This compares to its industry's average P/S of 1.07.
Finally, investors should note that HNGR has a P/CF ratio of 10.09. 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. HNGR's P/CF compares to its industry's average P/CF of 29.27. Within the past 12 months, HNGR's P/CF has been as high as 13.64 and as low as 7.44, with a median of 9.39.
These are just a handful of the figures considered in Hanger'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 HNGR is an impressive value stock right now.
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Is Hanger (HNGR) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is Hanger . HNGR is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 15.79, which compares to its industry's average of 23.92. Over the past 52 weeks, HNGR's Forward P/E has been as high as 17.96 and as low as 12.08, with a median of 14.23.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. HNGR has a P/S ratio of 0.62. This compares to its industry's average P/S of 1.07.
Finally, investors should note that HNGR has a P/CF ratio of 10.09. 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. HNGR's P/CF compares to its industry's average P/CF of 29.27. Within the past 12 months, HNGR's P/CF has been as high as 13.64 and as low as 7.44, with a median of 9.39.
These are just a handful of the figures considered in Hanger'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 HNGR is an impressive value stock right now.