Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 Broadwind Energy (BWEN). BWEN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 17.58, while its industry has an average P/E of 21.31. Over the past 52 weeks, BWEN's Forward P/E has been as high as 122.56 and as low as 4.52, with a median of 8.47.
Finally, investors will want to recognize that BWEN has a P/CF ratio of 5.36. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. BWEN's current P/CF looks attractive when compared to its industry's average P/CF of 20.82. Over the past 52 weeks, BWEN's P/CF has been as high as 6.53 and as low as 3.26, with a median of 4.54.
These are only a few of the key metrics included in Broadwind Energy'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, BWEN looks like an impressive value stock at the moment.
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Broadwind Energy, Inc. (BWEN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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