Is Harte-Hanks, Inc. overvalued or undervalued?

As of 14 March 2024, the valuation grade for Harte-Hanks, Inc. has moved from attractive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued based on its P/E ratio of 4.09, which is substantially higher than its peers like FONAR Corp. at 8.12 and Where Food Comes From, Inc. at 32.93. Additionally, Harte-Hanks has an EV to EBITDA of 4.24 and a PEG ratio of 0.04, both of which suggest that the stock may not be a sound investment at its current price of 3.51.
In comparison to its peers, Harte-Hanks shows notable weaknesses, particularly in its recent stock performance, which has underperformed against the S&P 500 across multiple time frames, including a staggering 54.53% decline over the past year. This performance, combined with its high valuation ratios relative to its peers, reinforces the conclusion that Harte-Hanks, Inc. is overvalued in the current market environment.