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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
Triton International is a stock many investors are watching right now. TRTN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 7.44 right now. For comparison, its industry sports an average P/E of 11.90. Over the last 12 months, TRTN's Forward P/E has been as high as 14.20 and as low as 6.19, with a median of 7.78.
Investors should also note that TRTN holds a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TRTN's industry currently sports an average PEG of 1.17. Over the last 12 months, TRTN's PEG has been as high as 1.89 and as low as 0.62, with a median of 0.78.
Investors should also recognize that TRTN has a P/B ratio of 1.17. 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 attractive against its industry's average P/B of 1.37. Over the past year, TRTN's P/B has been as high as 1.57 and as low as 0.97, with a median of 1.20.
Finally, we should also recognize that TRTN has a P/CF ratio of 2.49. 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 stock's P/CF looks attractive against its industry's average P/CF of 4.42. Within the past 12 months, TRTN's P/CF has been as high as 4.04 and as low as 2.07, with a median of 2.68.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Triton International is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, TRTN feels like a great value stock at the moment.
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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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
Triton International is a stock many investors are watching right now. TRTN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 7.44 right now. For comparison, its industry sports an average P/E of 11.90. Over the last 12 months, TRTN's Forward P/E has been as high as 14.20 and as low as 6.19, with a median of 7.78.
Investors should also note that TRTN holds a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TRTN's industry currently sports an average PEG of 1.17. Over the last 12 months, TRTN's PEG has been as high as 1.89 and as low as 0.62, with a median of 0.78.
Investors should also recognize that TRTN has a P/B ratio of 1.17. 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 attractive against its industry's average P/B of 1.37. Over the past year, TRTN's P/B has been as high as 1.57 and as low as 0.97, with a median of 1.20.
Finally, we should also recognize that TRTN has a P/CF ratio of 2.49. 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 stock's P/CF looks attractive against its industry's average P/CF of 4.42. Within the past 12 months, TRTN's P/CF has been as high as 4.04 and as low as 2.07, with a median of 2.68.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Triton International is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, TRTN feels like a great value stock at the moment.