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Are Investors Undervaluing Orange (ORAN) Right Now?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 Orange (ORAN - Free Report) . ORAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 8.86 right now. For comparison, its industry sports an average P/E of 9.39. Over the past year, ORAN's Forward P/E has been as high as 10.22 and as low as 7.49, with a median of 8.61.
ORAN is also sporting a PEG ratio of 0.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ORAN's PEG compares to its industry's average PEG of 0.73. Over the last 12 months, ORAN's PEG has been as high as 0.78 and as low as 0.48, with a median of 0.54.
Another notable valuation metric for ORAN is its P/B ratio of 0.79. 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 company's current P/B looks solid when compared to its industry's average P/B of 1.19. Within the past 52 weeks, ORAN's P/B has been as high as 0.88 and as low as 0.69, with a median of 0.81.
These are just a handful of the figures considered in Orange'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 ORAN is an impressive value stock right now.
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Are Investors Undervaluing Orange (ORAN) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 Orange (ORAN - Free Report) . ORAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 8.86 right now. For comparison, its industry sports an average P/E of 9.39. Over the past year, ORAN's Forward P/E has been as high as 10.22 and as low as 7.49, with a median of 8.61.
ORAN is also sporting a PEG ratio of 0.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ORAN's PEG compares to its industry's average PEG of 0.73. Over the last 12 months, ORAN's PEG has been as high as 0.78 and as low as 0.48, with a median of 0.54.
Another notable valuation metric for ORAN is its P/B ratio of 0.79. 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 company's current P/B looks solid when compared to its industry's average P/B of 1.19. Within the past 52 weeks, ORAN's P/B has been as high as 0.88 and as low as 0.69, with a median of 0.81.
These are just a handful of the figures considered in Orange'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 ORAN is an impressive value stock right now.