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Is Atento (ATTO) Stock Undervalued Right Now?

Zacks Equity Research

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 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.

Atento (ATTO) is a stock many investors are watching right now. ATTO is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 12.92 right now. For comparison, its industry sports an average P/E of 25.50. Over the last 12 months, ATTO's Forward P/E has been as high as 146.10 and as low as 4.88, with a median of 6.11.

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Investors should also note that ATTO holds a PEG ratio of 1.29. 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. ATTO's industry currently sports an average PEG of 2.43. Over the last 12 months, ATTO's PEG has been as high as 14.61 and as low as 0.53, with a median of 0.74.

These are only a few of the key metrics included in Atento'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, ATTO looks like an impressive value stock at the moment.


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