Should Value Investors Buy H.I.S. Co., Ltd. (HISJF) 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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 stock to keep an eye on is H.I.S. Co., Ltd. (HISJF). HISJF is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 15.68, while its industry has an average P/E of 15.95. Over the past year, HISJF's Forward P/E has been as high as 22.36 and as low as 15.68, with a median of 17.52.
We also note that HISJF holds a PEG ratio of 1.05. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HISJF's industry currently sports an average PEG of 1.06. Over the past 52 weeks, HISJF's PEG has been as high as 1.32 and as low as 0.81, with a median of 0.93.
These are just a handful of the figures considered in H.I.S. Co., Ltd.'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 HISJF is an impressive value stock right now.
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