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Are Investors Undervaluing International Consolidated Airlines (ICAGY) Right Now?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
International Consolidated Airlines (ICAGY - Free Report) is a stock many investors are watching right now. ICAGY is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 5.69 right now. For comparison, its industry sports an average P/E of 10.32. Over the past year, ICAGY's Forward P/E has been as high as 8.20 and as low as 5.31, with a median of 6.78.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. ICAGY has a P/S ratio of 0.24. This compares to its industry's average P/S of 0.63.
Finally, we should also recognize that ICAGY has a P/CF ratio of 3.49. 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 5.52. ICAGY's P/CF has been as high as 3.60 and as low as 1.46, with a median of 1.83, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that International Consolidated Airlines is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ICAGY feels like a great value stock at the moment.
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Are Investors Undervaluing International Consolidated Airlines (ICAGY) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
International Consolidated Airlines (ICAGY - Free Report) is a stock many investors are watching right now. ICAGY is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 5.69 right now. For comparison, its industry sports an average P/E of 10.32. Over the past year, ICAGY's Forward P/E has been as high as 8.20 and as low as 5.31, with a median of 6.78.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. ICAGY has a P/S ratio of 0.24. This compares to its industry's average P/S of 0.63.
Finally, we should also recognize that ICAGY has a P/CF ratio of 3.49. 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 5.52. ICAGY's P/CF has been as high as 3.60 and as low as 1.46, with a median of 1.83, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that International Consolidated Airlines is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ICAGY feels like a great value stock at the moment.