雅虎香港財經 Should Value Investors Buy Newmark Group (NMRK) 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, 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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 value investors might notice is Newmark Group (NMRK). NMRK is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 8.94, which compares to its industry's average of 14.57. NMRK's Forward P/E has been as high as 10.49 and as low as 3.86, with a median of 6.12, all within the past year.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. NMRK has a P/S ratio of 0.72. This compares to its industry's average P/S of 1.61.
Value investors will likely look at more than just these metrics, but the above data helps show that Newmark Group is likely undervalued currently. And when considering the strength of its earnings outlook, NMRK sticks out at as one of the market's strongest value stocks.
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Newmark Group, Inc. (NMRK) : Free Stock Analysis Report
