Yahoo Finance NVEE or AMPL: Which Is the Better Value Stock Right Now?
Investors interested in Technology Services stocks are likely familiar with NV5 Global (NVEE) and Amplitude, Inc. (AMPL). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
NV5 Global has a Zacks Rank of #2 (Buy), while Amplitude, Inc. has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that NVEE has an improving earnings outlook. But this is just one factor that value investors are interested in.
Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
NVEE currently has a forward P/E ratio of 17.88, while AMPL has a forward P/E of 103.75. We also note that NVEE has a PEG ratio of 1.21. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. AMPL currently has a PEG ratio of 3.18.
Another notable valuation metric for NVEE is its P/B ratio of 1.86. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, AMPL has a P/B of 3.49.
These metrics, and several others, help NVEE earn a Value grade of B, while AMPL has been given a Value grade of D.
NVEE has seen stronger estimate revision activity and sports more attractive valuation metrics than AMPL, so it seems like value investors will conclude that NVEE is the superior option right now.
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NV5 Global, Inc. (NVEE) : Free Stock Analysis Report
Amplitude, Inc. (AMPL) : Free Stock Analysis Report