Value investing is always a very popular strategy, and for good reason. After all, who doesn't want to find stocks that have low PEs, solid outlooks, and decen t dividends ?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Komatsu Ltd.KMTUY .
Komatsu in Focus
KMTUY may be an interesting play thanks to its forward PE of 9.5, its P/S ratio of 0.9, and its decen t dividend yield of 3%. These factors suggest that Komatsu is a pretty good value pick, as investors have to pay a relatively low level for each dollar o f earnings , and that KMTUY has decent revenue metrics to back up its earnings.
Komatsu Ltd. PE Ratio (TTM)
Komatsu Ltd. PE Ratio (TTM) | Komatsu Ltd. Quote
But before you think that Komatsu is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 3.8% in the past 30 days, thanks to one upward revisions in the past one month compared to none lower.
This estimate strength is actually enough to push KMTUY to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
So really, Komatsu is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
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Komatsu Ltd. (KMTUY): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.