In light of investors celebrating the beginning of astronomical summer, five leisure stocks that have high GF Scores and are undervalued based on GF Value are Hasbro Inc. (HAS, Financial), Callaway Golf Co. (ELY, Financial), Acushnet Holdings Corp. (GOLF, Financial), Vista Outdoor Inc. (VSTO, Financial) and Clarus Corp. (CLAR, Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.
The summer solstice, which falls around June 21 of each year, marks the longest day of the year and the beginning of the astronomical summer season. As such, investors can look into leisure stocks that focus on outdoor activities.
GuruFocus’ All-in-One Screener listed several leisure stocks that have a high GF Score and are modestly undervalued based on the GF Value measure. GuruFocus’ comprehensive grading method has been found to closely align with the long-term performance of stocks based on backtesting from 2006 to 2021. The combined score ranges from 0 to 100, with 100 as the highest score. Likewise, each of the individual rankings range from 0 to 10, with 10 as the highest score. GuruFocus’ research found that stocks with higher GF Scores generally produce higher performance than do stocks with lower GF Scores.
Hasbro
Shares of Hasbro (HAS, Financial) traded around $82.52, showing the stock is modestly undervalued based on Tuesday’s price-to-GF Value ratio of 0.75.
The Pawtucket, Rhode Island-based toymaker has a GF Score of 90 out of 100, driven by a rank of 10 out of 10 for GF Value and momentum and a rank of 8 out of 10 for profitability and growth despite financial strength ranking just 5 out of 10.
Gurus with holdings in Hasbro include Steven Cohen (Trades, Portfolio)’s Point72 Asset Management, Jim Simons (Trades, Portfolio)’ Renaissance Technologies and Paul Tudor Jones (Trades, Portfolio)’ Tudor Investment.
Callaway
Shares of Callaway (ELY, Financial) traded around $21.13, showing the stock is modestly undervalued based on Tuesday’s price-to-GF Value ratio of 0.87.
The Carlsbad, California-based golf club manufacturing company has a GF Score of 79 out of 100 based on a momentum rank of 8 out of 10 and a rank of 7 out of 10 for profitability and GF Value despite financial strength and growth ranking just between 4 and 5 out of 10.
Acushnet
Shares of Acushnet (GOLF, Financial) traded around $39.78, showing the stock is modestly undervalued based on Tuesday’s price-to-GF Value ratio of 0.83.
The Fairhaven, Massachusetts-based golf products company has a GF Score of 83 out of 100 based on a GF Value rank of 9 out of 10, a rank of 7 out of 10 for profitability and financial strength, a growth rank of 6 out of 10 and a momentum rank of 5 out of 10.
Vista Outdoors
Shares of Vista Outdoors (VSTO, Financial) traded around $31, showing the stock is modestly undervalued based on Tuesday’s price-to-GF Value ratio of 0.86.
The Anoka, Minnesota-based outdoor sports product company has a GF Score of 78 out of 100, driven by a momentum rank of 9 out of 10, a financial strength rank of 6 out of 10 and a rank of 7 out of 10 for profitability and GF Value despite growth ranking just 3 out of 10.
Clarus
Shares of Clarus (CLAR, Financial) traded around $18.67, showing the stock is modestly undervalued based on Tuesday’s price-to-GF Value ratio of 0.78.
The Salt Lake City-based outdoor equipment company has a GF Score of 82 out of 100 based on a GF Value rank of 10 out of 10, a momentum rank of 8 out of 10, a growth rank of 7 out of 10, a financial strength rank of 6 out of 10 and a profitability rank of 5 out of 10.
