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Should Value Investors Buy Hannover Ruck (HVRRY) Stock?
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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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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.
Hannover Ruck (HVRRY - Free Report) is a stock many investors are watching right now. HVRRY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 11.07, while its industry has an average P/E of 19.91. Over the past 52 weeks, HVRRY's Forward P/E has been as high as 14.30 and as low as 11.07, with a median of 12.74.
Another valuation metric that we should highlight is HVRRY's P/B ratio of 2.45. The P/B is a method of comparing a stock's market value to 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 7.12. Over the past 12 months, HVRRY's P/B has been as high as 2.95 and as low as 2.26, with a median of 2.58.
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 popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. HVRRY has a P/S ratio of 0.96. This compares to its industry's average P/S of 1.93.
Value investors will likely look at more than just these metrics, but the above data helps show that Hannover Ruck is likely undervalued currently. And when considering the strength of its earnings outlook, HVRRY sticks out at as one of the market's strongest value stocks.
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Should Value Investors Buy Hannover Ruck (HVRRY) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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.
Hannover Ruck (HVRRY - Free Report) is a stock many investors are watching right now. HVRRY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 11.07, while its industry has an average P/E of 19.91. Over the past 52 weeks, HVRRY's Forward P/E has been as high as 14.30 and as low as 11.07, with a median of 12.74.
Another valuation metric that we should highlight is HVRRY's P/B ratio of 2.45. The P/B is a method of comparing a stock's market value to 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 7.12. Over the past 12 months, HVRRY's P/B has been as high as 2.95 and as low as 2.26, with a median of 2.58.
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 popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. HVRRY has a P/S ratio of 0.96. This compares to its industry's average P/S of 1.93.
Value investors will likely look at more than just these metrics, but the above data helps show that Hannover Ruck is likely undervalued currently. And when considering the strength of its earnings outlook, HVRRY sticks out at as one of the market's strongest value stocks.