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.
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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 stock to keep an eye on is Cardtronics . CATM is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 16.78, which compares to its industry's average of 24.04. Over the past year, CATM's Forward P/E has been as high as 20.86 and as low as 6.41, with a median of 15.50.
CATM is also sporting a PEG ratio of 1.40. 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. CATM's industry has an average PEG of 1.61 right now. Over the last 12 months, CATM's PEG has been as high as 1.87 and as low as 0.50, with a median of 1.38.
Another valuation metric that we should highlight is CATM's P/B ratio of 3.69. 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. CATM's current P/B looks attractive when compared to its industry's average P/B of 10.05. Within the past 52 weeks, CATM's P/B has been as high as 4.41 and as low as 2.07, with a median of 2.87.
These are just a handful of the figures considered in Cardtronics'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 CATM is an impressive value stock right now.
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Is Cardtronics (CATM) Stock Undervalued Right Now?
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.
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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 stock to keep an eye on is Cardtronics . CATM is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 16.78, which compares to its industry's average of 24.04. Over the past year, CATM's Forward P/E has been as high as 20.86 and as low as 6.41, with a median of 15.50.
CATM is also sporting a PEG ratio of 1.40. 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. CATM's industry has an average PEG of 1.61 right now. Over the last 12 months, CATM's PEG has been as high as 1.87 and as low as 0.50, with a median of 1.38.
Another valuation metric that we should highlight is CATM's P/B ratio of 3.69. 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. CATM's current P/B looks attractive when compared to its industry's average P/B of 10.05. Within the past 52 weeks, CATM's P/B has been as high as 4.41 and as low as 2.07, with a median of 2.87.
These are just a handful of the figures considered in Cardtronics'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 CATM is an impressive value stock right now.