Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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.
One stock to keep an eye on is Triton International . TRTN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 8.08. This compares to its industry's average Forward P/E of 14.79. 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 8.13.
Investors will also notice that TRTN has a PEG ratio of 0.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. TRTN's PEG compares to its industry's average PEG of 1.45. 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 0.81.
Investors should also recognize that TRTN has a P/B ratio of 1.32. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.65. TRTN's P/B has been as high as 1.70 and as low as 1.03, with a median of 1.28, over the past year.
Finally, we should also recognize that TRTN has a P/CF ratio of 2.86. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 5.31. Over the past 52 weeks, TRTN's P/CF has been as high as 4.39 and as low as 2.27, with a median of 2.83.
These are only a few of the key metrics included in Triton International's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, TRTN looks like an impressive value stock at the moment.
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Should Value Investors Buy Triton International (TRTN) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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.
One stock to keep an eye on is Triton International . TRTN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 8.08. This compares to its industry's average Forward P/E of 14.79. 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 8.13.
Investors will also notice that TRTN has a PEG ratio of 0.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. TRTN's PEG compares to its industry's average PEG of 1.45. 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 0.81.
Investors should also recognize that TRTN has a P/B ratio of 1.32. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.65. TRTN's P/B has been as high as 1.70 and as low as 1.03, with a median of 1.28, over the past year.
Finally, we should also recognize that TRTN has a P/CF ratio of 2.86. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 5.31. Over the past 52 weeks, TRTN's P/CF has been as high as 4.39 and as low as 2.27, with a median of 2.83.
These are only a few of the key metrics included in Triton International's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, TRTN looks like an impressive value stock at the moment.