We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Should Value Investors Buy SpartanNash (SPTN) Stock?
Read MoreHide Full Article
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.
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.
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 company to watch right now is SpartanNash (SPTN - Free Report) . SPTN is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 10.02, which compares to its industry's average of 15.30. Over the last 12 months, SPTN's Forward P/E has been as high as 10.88 and as low as 8.62, with a median of 9.67.
Finally, investors will want to recognize that SPTN has a P/CF ratio of 4.67. 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. SPTN's P/CF compares to its industry's average P/CF of 10.19. Over the past year, SPTN's P/CF has been as high as 5.94 and as low as 4.06, with a median of 5.19.
These figures are just a handful of the metrics value investors tend to look at, but they help show that SpartanNash is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SPTN feels like a great value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Should Value Investors Buy SpartanNash (SPTN) Stock?
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.
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.
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 company to watch right now is SpartanNash (SPTN - Free Report) . SPTN is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 10.02, which compares to its industry's average of 15.30. Over the last 12 months, SPTN's Forward P/E has been as high as 10.88 and as low as 8.62, with a median of 9.67.
Finally, investors will want to recognize that SPTN has a P/CF ratio of 4.67. 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. SPTN's P/CF compares to its industry's average P/CF of 10.19. Over the past year, SPTN's P/CF has been as high as 5.94 and as low as 4.06, with a median of 5.19.
These figures are just a handful of the metrics value investors tend to look at, but they help show that SpartanNash is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SPTN feels like a great value stock at the moment.