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BOOT vs. GOOS: Which Stock Should Value Investors Buy Now?
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Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Boot Barn (BOOT - Free Report) and Canada Goose (GOOS - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Right now, Boot Barn is sporting a Zacks Rank of #1 (Strong Buy), while Canada Goose has a Zacks Rank of #2 (Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that BOOT has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
BOOT currently has a forward P/E ratio of 13.40, while GOOS has a forward P/E of 55.07. We also note that BOOT has a PEG ratio of 0.58. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. GOOS currently has a PEG ratio of 1.76.
Another notable valuation metric for BOOT is its P/B ratio of 2.01. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, GOOS has a P/B of 26.48.
These metrics, and several others, help BOOT earn a Value grade of A, while GOOS has been given a Value grade of F.
BOOT sticks out from GOOS in both our Zacks Rank and Style Scores models, so value investors will likely feel that BOOT is the better option right now.
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BOOT vs. GOOS: Which Stock Should Value Investors Buy Now?
Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Boot Barn (BOOT - Free Report) and Canada Goose (GOOS - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Right now, Boot Barn is sporting a Zacks Rank of #1 (Strong Buy), while Canada Goose has a Zacks Rank of #2 (Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that BOOT has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
BOOT currently has a forward P/E ratio of 13.40, while GOOS has a forward P/E of 55.07. We also note that BOOT has a PEG ratio of 0.58. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. GOOS currently has a PEG ratio of 1.76.
Another notable valuation metric for BOOT is its P/B ratio of 2.01. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, GOOS has a P/B of 26.48.
These metrics, and several others, help BOOT earn a Value grade of A, while GOOS has been given a Value grade of F.
BOOT sticks out from GOOS in both our Zacks Rank and Style Scores models, so value investors will likely feel that BOOT is the better option right now.