Is Spectris (SEPJY) 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, 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.
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 Spectris (SEPJY). SEPJY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 13.59. This compares to its industry's average Forward P/E of 16.19. SEPJY's Forward P/E has been as high as 20.13 and as low as 13.59, with a median of 16.66, all within the past year.
We should also highlight that SEPJY has a P/B ratio of 2.13. The P/B is a method of comparing a stock's market value to 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 4.31. SEPJY's P/B has been as high as 2.87 and as low as 2.04, with a median of 2.35, over the past year.
These are only a few of the key metrics included in Spectris'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, SEPJY looks like an impressive value stock at the moment.
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Spectris (SEPJY) : Free Stock Analysis Report
