Looking for Value? Why It Might Be Time to Try Banco do Brasil (BDORY) - Tale of the Tape
May 14 2014 - 8:58AM
Zacks
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;
Banco do Brasil S.A. (BDORY).
Banco do Brasil in Focus
BDORY may be an interesting play thanks to its forward PE of 6.67,
its P/S ratio of 0.53, and its decent dividend yield of 3.87%.
These factors suggest that Banco do Brasil is a pretty good value
pick, as investors have to pay a relatively low level for each
dollar of earnings, and that BDORY has decent revenue metrics to
back up its earnings.
But before you think that Banco do Brasil 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 7.3% in the past 30 days,
thanks to 2 upward revisions in the past one month compared to none
lower.
This estimate strength is actually enough to push BDORY to a Zacks
Rank #1 (Strong Buy), suggesting it is poised to outperform. So
really, Banco do Brasil 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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