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Are Investors Undervaluing Landsea Homes (LSEA) 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.

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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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 to watch right now is Landsea Homes (LSEA - Free Report) . LSEA is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 7.38, while its industry has an average P/E of 8.76. Over the past 52 weeks, LSEA's Forward P/E has been as high as 10.74 and as low as 1.72, with a median of 5.10.

Investors should also recognize that LSEA has a P/B ratio of 0.54. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.41. LSEA's P/B has been as high as 0.66 and as low as 0.27, with a median of 0.36, over the past year.

Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. LSEA has a P/S ratio of 0.27. This compares to its industry's average P/S of 0.72.

Finally, investors will want to recognize that LSEA has a P/CF ratio of 6.80. 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. LSEA's P/CF compares to its industry's average P/CF of 7.07. LSEA's P/CF has been as high as 8.29 and as low as 1.97, with a median of 3.39, all within the past year.

These are just a handful of the figures considered in Landsea Homes'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 LSEA is an impressive value stock right now.


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