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3 New Strong Buy Value Stocks For June 20th

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Every day at Zacks, our ranking system is used to constantly pick out and order stocks from #1 (Strong Buys) down to #5 (Strong Sells). Today there were a few stocks that were added to the group of top ranked stocks, and these three also happened to have top Value Style Scores.

Below are three stocks that hold both a Zacks Rank #1 (Strong Buy) in addition to an A for their Value Style Scores:

USA Truck Inc.

USA Truck Inc. is engaged in the transportation of general commodity freight in interstate and foreign commerce. The company operates through two segments: Trucking and Strategic Capacity Solutions. The Trucking segment offers truckload services as a medium- to long-haul common carrier; and dedicated freight services. The Strategic Capacity Solutions segment provides freight brokerage and rail intermodal services.

With a low PE ratio of 15.51, a price to sales ratio of .41, a cash to price ratio of 13.81, and cash flow per share of $5.00, it’s easy to see why USAK holds an A for its Value Style Score. The company also has a B for its Growth Style Score, which can be attributed to a return on equity figure of 13.74%, and a sales to assets ratio of 1.69.

USAK has also had positive EPS estimate revision activity lately, with 2 analysts raising their estimates in the last 60 days. The current year EPS estimate now stands at 1.27, much higher than the estimate 60 days ago of 1.13. It should also be noted the company has had great success beating on earnings estimates, posting higher than expected earnings in each of the last four quarters by an average of 58.56%.

 

Valeo SA Designs (VLEEY - Free Report)

 

Valeo SA Designs is in the business of designing, producing, and selling components, integrated systems, and modules for the automotive sector worldwide. The company operates in 4 segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.

In addition to being a top-ranked stock, the industry in which VLEEY operates is also highly ranked by Zacks, as it is 34th out of 265, or in the top 13% of all industries. The company’s stock offers solid value for investors, as seen in it’s a Value Style Score that is backed up by a PE ratio of 12.61, cash flow per share of 4.70, and a dividend payment of 2.31%.

The company also has an A for its Momentum Style Score, which is in part due to the current year’s EPS estimates growing 12.05% over the current quarter. The current year’s estimate now stands at 5.95, much higher than the estimate 60 days ago of 5.43. Next year’s estimate has been increasing as well, growing from 5.95 60 days ago to the current estimate of 6.43.

 

Owens-Illinois Inc. (OI - Free Report)

 

Owens-Illinois Inc. manufactures and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. The company produces glass containers for alcoholic beverages, as well as glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals.

The industry in which OI operates is in the top 1% of all industries ranked by Zacks, and the company’s stock presents solid value to investors as well. The company’s A Value Style Score is thanks to a PE ratio of 8.20, an earnings yield of 12.44%, and cash flow per share of 4.66.

The company also has projected sales growth of 9.53% for the current year, in addition to projected EPS growth of 15.21%. Analysts for OI have been raising their estimates for the company lately in large groups, as there have been 7 upward revisions for the current and next year EPS estimates in the last 60 days. The current year’s estimate has grown from 2.18 60 days ago to 2.30 now, and next year’s estimate has grown from 2.43 up to 2.55.

 

Bottom Line

 

With top Zacks Ranks, A Value Style Scores, and other solid figures and projections behind them, the three stocks above all present solid investment opportunities at the moment. These stocks offer the potential for good returns at favorable valuations, and should be on the radar of not only those investors seeking solid value, but investors abroad as well.

Be sure to check out all the Zacks Rank #1 (Strong Buy) Stocks!

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