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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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 AmerisourceBergen . ABC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 11.54, which compares to its industry's average of 19.33. Over the last 12 months, ABC's Forward P/E has been as high as 12.62 and as low as 10.10, with a median of 11.38.
Investors should also note that ABC holds a PEG ratio of 1.55. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. ABC's industry currently sports an average PEG of 2. Over the past 52 weeks, ABC's PEG has been as high as 1.66 and as low as 1.26, with a median of 1.45.
Finally, investors will want to recognize that ABC has a P/CF ratio of 13.78. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. ABC's P/CF compares to its industry's average P/CF of 37.65. Over the past 52 weeks, ABC's P/CF has been as high as 14.26 and as low as 9.16, with a median of 11.84.
These are only a few of the key metrics included in AmerisourceBergen'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, ABC looks like an impressive value stock at the moment.
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Is AmerisourceBergen (ABC) a Great Value Stock 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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 AmerisourceBergen . ABC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 11.54, which compares to its industry's average of 19.33. Over the last 12 months, ABC's Forward P/E has been as high as 12.62 and as low as 10.10, with a median of 11.38.
Investors should also note that ABC holds a PEG ratio of 1.55. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. ABC's industry currently sports an average PEG of 2. Over the past 52 weeks, ABC's PEG has been as high as 1.66 and as low as 1.26, with a median of 1.45.
Finally, investors will want to recognize that ABC has a P/CF ratio of 13.78. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. ABC's P/CF compares to its industry's average P/CF of 37.65. Over the past 52 weeks, ABC's P/CF has been as high as 14.26 and as low as 9.16, with a median of 11.84.
These are only a few of the key metrics included in AmerisourceBergen'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, ABC looks like an impressive value stock at the moment.