Is Publicis Groupe (PUBGY) Stock Undervalued 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.
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 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.
Publicis Groupe (PUBGY) is a stock many investors are watching right now. PUBGY is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 10.26 right now. For comparison, its industry sports an average P/E of 10.40. Over the last 12 months, PUBGY's Forward P/E has been as high as 11.64 and as low as 7.15, with a median of 9.76.
Investors will also notice that PUBGY has a PEG ratio of 0.98. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. PUBGY's industry has an average PEG of 1.49 right now. Over the past 52 weeks, PUBGY's PEG has been as high as 2.99 and as low as 0.95, with a median of 1.83.
Value investors will likely look at more than just these metrics, but the above data helps show that Publicis Groupe is likely undervalued currently. And when considering the strength of its earnings outlook, PUBGY sticks out at as one of the market's strongest value stocks.
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Publicis Groupe SA (PUBGY) : Free Stock Analysis Report
