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Are Investors Undervaluing Crown Holdings (CCK) Right Now?
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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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 stock to keep an eye on is Crown Holdings (CCK - Free Report) . CCK is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 12.65. This compares to its industry's average Forward P/E of 14.33. Over the past 52 weeks, CCK's Forward P/E has been as high as 13.79 and as low as 8.04, with a median of 11.97.
CCK is also sporting a PEG ratio of 2.53. 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. CCK's PEG compares to its industry's average PEG of 2.87. Over the past 52 weeks, CCK's PEG has been as high as 2.76 and as low as 1.61, with a median of 2.39.
Another valuation metric that we should highlight is CCK's P/B ratio of 4.15. 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. CCK's current P/B looks attractive when compared to its industry's average P/B of 4.56. Within the past 52 weeks, CCK's P/B has been as high as 5.63 and as low as 3.68, with a median of 4.54.
Finally, our model also underscores that CCK has a P/CF ratio of 9.49. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 14.06. Over the past 52 weeks, CCK's P/CF has been as high as 184.74 and as low as -114.92, with a median of 85.37.
Value investors will likely look at more than just these metrics, but the above data helps show that Crown Holdings is likely undervalued currently. And when considering the strength of its earnings outlook, CCK sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing Crown Holdings (CCK) 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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 stock to keep an eye on is Crown Holdings (CCK - Free Report) . CCK is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 12.65. This compares to its industry's average Forward P/E of 14.33. Over the past 52 weeks, CCK's Forward P/E has been as high as 13.79 and as low as 8.04, with a median of 11.97.
CCK is also sporting a PEG ratio of 2.53. 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. CCK's PEG compares to its industry's average PEG of 2.87. Over the past 52 weeks, CCK's PEG has been as high as 2.76 and as low as 1.61, with a median of 2.39.
Another valuation metric that we should highlight is CCK's P/B ratio of 4.15. 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. CCK's current P/B looks attractive when compared to its industry's average P/B of 4.56. Within the past 52 weeks, CCK's P/B has been as high as 5.63 and as low as 3.68, with a median of 4.54.
Finally, our model also underscores that CCK has a P/CF ratio of 9.49. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 14.06. Over the past 52 weeks, CCK's P/CF has been as high as 184.74 and as low as -114.92, with a median of 85.37.
Value investors will likely look at more than just these metrics, but the above data helps show that Crown Holdings is likely undervalued currently. And when considering the strength of its earnings outlook, CCK sticks out at as one of the market's strongest value stocks.