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Is Green Dot (GDOT) a Great Value Stock Right Now?
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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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Green Dot (GDOT - Free Report) is a stock many investors are watching right now. GDOT is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 14.24. This compares to its industry's average Forward P/E of 27.33. Over the past 52 weeks, GDOT's Forward P/E has been as high as 26.63 and as low as 12.25, with a median of 21.06.
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. GDOT has a P/S ratio of 2.38. This compares to its industry's average P/S of 5.02.
Finally, we should also recognize that GDOT has a P/CF ratio of 13.99. 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 stock's P/CF looks attractive against its industry's average P/CF of 27. GDOT's P/CF has been as high as 26.88 and as low as 13.41, with a median of 21.43, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Green Dot is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GDOT feels like a great value stock at the moment.
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Is Green Dot (GDOT) a Great Value Stock 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Green Dot (GDOT - Free Report) is a stock many investors are watching right now. GDOT is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 14.24. This compares to its industry's average Forward P/E of 27.33. Over the past 52 weeks, GDOT's Forward P/E has been as high as 26.63 and as low as 12.25, with a median of 21.06.
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. GDOT has a P/S ratio of 2.38. This compares to its industry's average P/S of 5.02.
Finally, we should also recognize that GDOT has a P/CF ratio of 13.99. 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 stock's P/CF looks attractive against its industry's average P/CF of 27. GDOT's P/CF has been as high as 26.88 and as low as 13.41, with a median of 21.43, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Green Dot is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GDOT feels like a great value stock at the moment.