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BCKIY vs. ALTR: Which Stock Is the Better Value Option?
AltairAltair(US:ALTR) Zacks Investment Researchยท2024-02-02 17:46

Core Viewpoint - Babcock International Group PLC (BCKIY) is currently positioned as a more attractive investment option compared to Altair Engineering (ALTR) based on various valuation metrics and earnings outlook [1][3]. Valuation Metrics - BCKIY has a forward P/E ratio of 13.27, significantly lower than ALTR's forward P/E of 77.22, indicating that BCKIY may be undervalued [2]. - The PEG ratio for BCKIY is 0.37, while ALTR's PEG ratio stands at 6.43, suggesting that BCKIY offers better value relative to its expected earnings growth [2]. - BCKIY's P/B ratio is 6.43, compared to ALTR's P/B of 11.07, further supporting the notion that BCKIY is a more attractive investment [2]. Earnings Outlook - BCKIY is experiencing an improving earnings outlook, which is a positive indicator in the Zacks Rank model, contributing to its higher ranking compared to ALTR [3].