Should Value Investors Buy Schneider National (SNDR) Stock?
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.
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 Schneider National (SNDR). SNDR is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 16.09, while its industry has an average P/E of 21.86. Over the past 52 weeks, SNDR's Forward P/E has been as high as 30.88 and as low as 15.80, with a median of 19.09.
Another valuation metric that we should highlight is SNDR's P/B ratio of 2.46. 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 company's current P/B looks solid when compared to its industry's average P/B of 4.55. Over the past 12 months, SNDR's P/B has been as high as 3.17 and as low as 2.28, with a median of 2.59.
Finally, investors should note that SNDR has a P/CF ratio of 6.63. 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 company's current P/CF looks solid when compared to its industry's average P/CF of 19.96. SNDR's P/CF has been as high as 11.94 and as low as 6.32, with a median of 7.42, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Schneider National is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SNDR feels like a great value stock at the moment.
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Schneider National, Inc. (SNDR) : Free Stock Analysis Report
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