Are Investors Undervaluing YETI (YETI) Right Now?

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.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. 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 company value investors might notice is YETI (YETI). YETI is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 9.76, which compares to its industry's average of 26.22. Over the past 52 weeks, YETI's Forward P/E has been as high as 16.12 and as low as 9.10, with a median of 13.63.Investors should also recognize that YETI has a P/B ratio of 3.26. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. YETI's current P/B looks attractive when compared to its industry's average P/B of 7.60. Within the past 52 weeks, YETI's P/B has been as high as 5.76 and as low as 3.04, with a median of 4.52.Finally, our model also underscores that YETI has a P/CF ratio of 11.01. 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 23.75. YETI's P/CF has been as high as 17.15 and as low as 10.27, with a median of 14.17, all within the past year.These are only a few of the key metrics included in YETI'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, YETI looks like an impressive value stock at the moment.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report YETI Holdings, Inc. (YETI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks