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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
Triton International is a stock many investors are watching right now. TRTN is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 8.23. This compares to its industry's average Forward P/E of 15.33. Over the past year, TRTN's Forward P/E has been as high as 14.20 and as low as 6.57, with a median of 8.23.
We also note that TRTN holds a PEG ratio of 0.82. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. TRTN's PEG compares to its industry's average PEG of 1.50. Over the past 52 weeks, TRTN's PEG has been as high as 2.55 and as low as 0.66, with a median of 0.82.
Another valuation metric that we should highlight is TRTN's P/B ratio of 1.35. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. TRTN's current P/B looks attractive when compared to its industry's average P/B of 1.63. Within the past 52 weeks, TRTN's P/B has been as high as 1.70 and as low as 1.03, with a median of 1.29.
Finally, our model also underscores that TRTN has a P/CF ratio of 2.85. 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 5.54. Over the past year, TRTN's P/CF has been as high as 4.39 and as low as 2.27, with a median of 2.87.
Value investors will likely look at more than just these metrics, but the above data helps show that Triton International is likely undervalued currently. And when considering the strength of its earnings outlook, TRTN sticks out at as one of the market's strongest value stocks.
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Is Triton International (TRTN) Stock Undervalued 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
Triton International is a stock many investors are watching right now. TRTN is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 8.23. This compares to its industry's average Forward P/E of 15.33. Over the past year, TRTN's Forward P/E has been as high as 14.20 and as low as 6.57, with a median of 8.23.
We also note that TRTN holds a PEG ratio of 0.82. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. TRTN's PEG compares to its industry's average PEG of 1.50. Over the past 52 weeks, TRTN's PEG has been as high as 2.55 and as low as 0.66, with a median of 0.82.
Another valuation metric that we should highlight is TRTN's P/B ratio of 1.35. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. TRTN's current P/B looks attractive when compared to its industry's average P/B of 1.63. Within the past 52 weeks, TRTN's P/B has been as high as 1.70 and as low as 1.03, with a median of 1.29.
Finally, our model also underscores that TRTN has a P/CF ratio of 2.85. 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 5.54. Over the past year, TRTN's P/CF has been as high as 4.39 and as low as 2.27, with a median of 2.87.
Value investors will likely look at more than just these metrics, but the above data helps show that Triton International is likely undervalued currently. And when considering the strength of its earnings outlook, TRTN sticks out at as one of the market's strongest value stocks.