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 decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Kronos Worldwide, Inc. KRO.
Kronos Worldwide in Focus
KRO may be an interesting play thanks to its forward PE of 14.8, its P/S ratio of 0.9, and its decent dividend yield of 5%. These factors suggest that Kronos Worldwide is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that KRO has decent revenue metrics to back up its earnings.
Kronos Worldwide Inc PE Ratio (TTM)
Kronos Worldwide Inc pe-ratio-ttm | Kronos Worldwide Inc Quote
But before you think that Kronos Worldwide 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 18.3% in the past 30 days, thanks to one upward revision in the past one month compared to none lower.
This estimate strength is actually enough to push KRO to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.
So really, Kronos Worldwide 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.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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
Kronos Worldwide Inc (KRO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
