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Are Investors Undervaluing OFG Bancorp (OFG) Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
OFG Bancorp (OFG - Free Report) is a stock many investors are watching right now. OFG is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 11.03, while its industry has an average P/E of 12.32. Over the last 12 months, OFG's Forward P/E has been as high as 13.62 and as low as 7.28, with a median of 9.86.
Investors should also recognize that OFG has a P/B ratio of 0.95. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.63. Within the past 52 weeks, OFG's P/B has been as high as 0.97 and as low as 0.46, with a median of 0.61.
Finally, we should also recognize that OFG has a P/CF ratio of 10.90. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 18.77. Over the past year, OFG's P/CF has been as high as 11.13 and as low as 4.26, with a median of 6.40.
Value investors will likely look at more than just these metrics, but the above data helps show that OFG Bancorp is likely undervalued currently. And when considering the strength of its earnings outlook, OFG sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing OFG Bancorp (OFG) Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
OFG Bancorp (OFG - Free Report) is a stock many investors are watching right now. OFG is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 11.03, while its industry has an average P/E of 12.32. Over the last 12 months, OFG's Forward P/E has been as high as 13.62 and as low as 7.28, with a median of 9.86.
Investors should also recognize that OFG has a P/B ratio of 0.95. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.63. Within the past 52 weeks, OFG's P/B has been as high as 0.97 and as low as 0.46, with a median of 0.61.
Finally, we should also recognize that OFG has a P/CF ratio of 10.90. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 18.77. Over the past year, OFG's P/CF has been as high as 11.13 and as low as 4.26, with a median of 6.40.
Value investors will likely look at more than just these metrics, but the above data helps show that OFG Bancorp is likely undervalued currently. And when considering the strength of its earnings outlook, OFG sticks out at as one of the market's strongest value stocks.