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Are Investors Undervaluing Fox (FOX) Right Now?

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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 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 Fox (FOX - Free Report) . FOX is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 12.10 right now. For comparison, its industry sports an average P/E of 29.17. Over the last 12 months, FOX's Forward P/E has been as high as 12.10 and as low as 8.17, with a median of 10.18.

FOX is also sporting a PEG ratio of 1.71. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. FOX's PEG compares to its industry's average PEG of 1.87. Over the past 52 weeks, FOX's PEG has been as high as 7.31 and as low as 1.57, with a median of 1.98.

Another valuation metric that we should highlight is FOX's P/B ratio of 1.88. 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 company's current P/B looks solid when compared to its industry's average P/B of 4.53. FOX's P/B has been as high as 1.88 and as low as 1.20, with a median of 1.39, over the past year.

Finally, investors will want to recognize that FOX has a P/CF ratio of 9.32. 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 stock's P/CF looks attractive against its industry's average P/CF of 15.21. Over the past year, FOX's P/CF has been as high as 11.57 and as low as 6.68, with a median of 8.78.

These are just a handful of the figures considered in Fox'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 FOX is an impressive value stock right now.


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