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BCKIY or ALTR: Which Is the Better Value Stock Right Now?
AltairAltair(US:ALTR) Zacks Investment Researchยท2024-04-08 16:41

Core Viewpoint - Babcock International Group PLC (BCKIY) and Altair Engineering (ALTR) are both strong candidates in the Engineering - R and D Services sector, with BCKIY currently presenting a better value opportunity based on various financial metrics [1][3]. Valuation Metrics - BCKIY has a forward P/E ratio of 12.38, while ALTR has a significantly higher forward P/E of 66.33 [2]. - The PEG ratio for BCKIY is 0.35, indicating a favorable valuation relative to its expected earnings growth, whereas ALTR's PEG ratio is 5.53, suggesting it may be overvalued [2]. - BCKIY's P/B ratio stands at 7.11, compared to ALTR's P/B of 9.76, further indicating BCKIY's superior valuation [3]. Value Grades - Based on the analysis of various valuation metrics, BCKIY holds a Value grade of A, while ALTR has a Value grade of F, highlighting BCKIY as the more attractive investment option at this time [3].