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Are Investors Undervaluing Consolidated-Tomoka (CTO) 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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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.
One stock to keep an eye on is Consolidated-Tomoka (CTO - Free Report) . CTO is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 5.85. This compares to its industry's average Forward P/E of 16.84. Over the past year, CTO's Forward P/E has been as high as 9.90 and as low as 4.85, with a median of 7.10.
Finally, our model also underscores that CTO has a P/CF ratio of 5.17. 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. CTO's current P/CF looks attractive when compared to its industry's average P/CF of 18.15. Within the past 12 months, CTO's P/CF has been as high as 6.89 and as low as 4.25, with a median of 5.40.
Value investors will likely look at more than just these metrics, but the above data helps show that Consolidated-Tomoka is likely undervalued currently. And when considering the strength of its earnings outlook, CTO sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing Consolidated-Tomoka (CTO) 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.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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.
One stock to keep an eye on is Consolidated-Tomoka (CTO - Free Report) . CTO is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 5.85. This compares to its industry's average Forward P/E of 16.84. Over the past year, CTO's Forward P/E has been as high as 9.90 and as low as 4.85, with a median of 7.10.
Finally, our model also underscores that CTO has a P/CF ratio of 5.17. 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. CTO's current P/CF looks attractive when compared to its industry's average P/CF of 18.15. Within the past 12 months, CTO's P/CF has been as high as 6.89 and as low as 4.25, with a median of 5.40.
Value investors will likely look at more than just these metrics, but the above data helps show that Consolidated-Tomoka is likely undervalued currently. And when considering the strength of its earnings outlook, CTO sticks out at as one of the market's strongest value stocks.