Are Investors Undervaluing Nexa Resources (NEXA) Right Now?

Core Insights - The article emphasizes the importance of the Zacks Rank system, which focuses on earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a favored strategy that seeks to find undervalued companies in the market [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the Value category [3] Company Analysis: Nexa Resources (NEXA) - Nexa Resources currently has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential [4] - The stock's Forward P/E ratio is 5.68, significantly lower than the industry average of 13.32, suggesting it may be undervalued [4] - NEXA's Forward P/E has fluctuated between 41.29 and -113.19 over the past year, with a median of 12.59 [4] - The company has a PEG ratio of 0.34, which is lower than the industry average of 0.73, further indicating potential undervaluation [5] - NEXA's PEG ratio has ranged from 0.42 to 0.11 in the past year, with a median of 0.25 [5] - Overall, the metrics suggest that Nexa Resources is likely undervalued and stands out as one of the strongest value stocks in the market [6]