Back to top

Image: Bigstock

Is WideOpenWest (WOW) a Great Value Stock Right Now?

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 use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

One company to watch right now is WideOpenWest (WOW - Free Report) . WOW is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 9.19, which compares to its industry's average of 16.67. Over the past 52 weeks, WOW's Forward P/E has been as high as 15.15 and as low as 5.75, with a median of 10.26.

Finally, our model also underscores that WOW has a P/CF ratio of 5.03. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 5.68. Over the past year, WOW's P/CF has been as high as 10.54 and as low as 1.69, with a median of 6.88.

These are only a few of the key metrics included in WideOpenWest's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, WOW looks like an impressive value stock at the moment.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


WideOpenWest, Inc. (WOW) - free report >>

Published in