Latest news with #earningsestimates
Yahoo
6 hours ago
- Business
- Yahoo
Is Shoals Technologies Group (SHLS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. 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. One company value investors might notice is Shoals Technologies Group (SHLS). SHLS is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 10.76 right now. For comparison, its industry sports an average P/E of 14.45. Over the last 12 months, SHLS's Forward P/E has been as high as 17.31 and as low as 7.04, with a median of 11.36. Investors will also notice that SHLS has a PEG ratio of 0.45. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. SHLS's industry has an average PEG of 0.65 right now. Within the past year, SHLS's PEG has been as high as 0.72 and as low as 0.29, with a median of 0.47. Another notable valuation metric for SHLS is its P/B ratio of 1.33. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 2.04. SHLS's P/B has been as high as 2.01 and as low as 0.84, with a median of 1.50, over the past year. These are just a handful of the figures considered in Shoals Technologies Group'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 SHLS is an impressive value stock right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Shoals Technologies Group, Inc. (SHLS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Business
- Yahoo
Should Value Investors Buy Array Technologies (ARRY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company value investors might notice is Array Technologies (ARRY). ARRY is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 6.85. This compares to its industry's average Forward P/E of 13.33. ARRY's Forward P/E has been as high as 12.17 and as low as 5.23, with a median of 7.81, all within the past year. Investors will also notice that ARRY has a PEG ratio of 0.32. 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. ARRY's industry has an average PEG of 0.60 right now. Over the last 12 months, ARRY's PEG has been as high as 1.22 and as low as 0.28, with a median of 0.67. Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ARRY has a P/S ratio of 0.73. This compares to its industry's average P/S of 1.12. Finally, investors will want to recognize that ARRY has a P/CF ratio of 10.52. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 11.66. ARRY's P/CF has been as high as 21.25 and as low as 6.15, with a median of 11.64, all within the past year. These are only a few of the key metrics included in Array Technologies'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, ARRY looks like an impressive value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Array Technologies, Inc. (ARRY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Raymond James Raises PT on Alphabet Inc. (GOOGL); Maintains ‘Outperform' Rating
With a significant presence in Bill Ackman's stock portfolio, Alphabet Inc. (NASDAQ:GOOGL) secures a spot on our list of the Bill Ackman Stock Portfolio: Top 10 Stock Picks. Google Raymond James increased its price target on Alphabet Inc. (NASDAQ:GOOGL) from $185 to $210, maintaining an 'Outperform' rating. The analyst attributed the price revision to the company's increasing AI monetization efforts, which are beginning to generate profits. Therefore, despite regulatory concerns, several analysts have revised their earnings estimates upward. Raymond James highlighted the Department of Justice's ongoing antitrust case as manageable. Furthermore, the analyst's revised price target for Alphabet Inc. (NASDAQ:GOOGL) is based on a 17x estimated 2027 earnings multiple, which is below peers like Meta, Amazon, Microsoft, Nvidia, and Apple. Thus, Raymond James believes that GOOGL offers strong upside potential. Alphabet Inc. (NASDAQ:GOOGL) is a global conglomerate company that owns Google. Bill Ackman has bought 10.76 million shares of Alphabet Inc. (NASDAQ:GOOGL) as of Q1 2025. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Cheap Value Stocks to Buy Now According to Warren Buffett and 7 Best Potash Stocks to Buy According to Analysts. Disclosure: None. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Should Value Investors Buy Teleflex (TFX) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. 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. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company value investors might notice is Teleflex (TFX). TFX is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. Investors will also notice that TFX has a PEG ratio of 1.58. 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. TFX's industry has an average PEG of 2.17 right now. TFX's PEG has been as high as 2.09 and as low as 1.27, with a median of 1.78, all within the past year. Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. TFX has a P/S ratio of 1.68. This compares to its industry's average P/S of 2.38. Finally, investors should note that TFX has a P/CF ratio of 7.41. 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. TFX's P/CF compares to its industry's average P/CF of 21.59. Within the past 12 months, TFX's P/CF has been as high as 22.89 and as low as 6.87, with a median of 13.86. Value investors will likely look at more than just these metrics, but the above data helps show that Teleflex is likely undervalued currently. And when considering the strength of its earnings outlook, TFX sticks out as one of the market's strongest value stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teleflex Incorporated (TFX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Are Investors Undervaluing Bayer (BAYRY) 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 use a variety of methods, including tried-and-true valuation metrics, to find these stocks. 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. One stock to keep an eye on is Bayer (BAYRY). BAYRY is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 5.68 right now. For comparison, its industry sports an average P/E of 13.70. Over the past 52 weeks, BAYRY's Forward P/E has been as high as 6.45 and as low as 3.72, with a median of 5.20. These figures are just a handful of the metrics value investors tend to look at, but they help show that Bayer is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, BAYRY feels like a great value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bayer Aktiengesellschaft (BAYRY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
