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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, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is CyberAgent (CYGIY). CYGIY 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 20.67, which compares to its industry's average of 22.21. CYGIY's Forward P/E has been as high as 32.16 and as low as 18.32, with a median of 23.72, all within the past year.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CYGIY has a P/S ratio of 0.59. This compares to its industry's average P/S of 1.63.
These figures are just a handful of the metrics value investors tend to look at, but they help show that CyberAgent is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CYGIY feels like a great value stock at the moment.
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CyberAgent (CYGIY) : Free Stock Analysis Report