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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 company value investors might notice is CCA . CXW is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 7.95, while its industry has an average P/E of 17.38. CXW's Forward P/E has been as high as 11.35 and as low as 7.28, with a median of 8.92, all within the past year.
Investors should also note that CXW holds a PEG ratio of 1.21. 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. CXW's industry has an average PEG of 2.75 right now. Over the past 52 weeks, CXW's PEG has been as high as 1.89 and as low as 1.21, with a median of 1.70.
Investors should also recognize that CXW has a P/B ratio of 1.74. 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 company's current P/B looks solid when compared to its industry's average P/B of 2.61. Over the past year, CXW's P/B has been as high as 2.15 and as low as 1.46, with a median of 1.85.
Finally, investors will want to recognize that CXW has a P/CF ratio of 7.32. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 16.82. Over the past 52 weeks, CXW's P/CF has been as high as 9.82 and as low as 6.47, with a median of 8.05.
These figures are just a handful of the metrics value investors tend to look at, but they help show that CCA is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CXW feels like a great value stock at the moment.
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Is CCA (CXW) 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 company value investors might notice is CCA . CXW is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 7.95, while its industry has an average P/E of 17.38. CXW's Forward P/E has been as high as 11.35 and as low as 7.28, with a median of 8.92, all within the past year.
Investors should also note that CXW holds a PEG ratio of 1.21. 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. CXW's industry has an average PEG of 2.75 right now. Over the past 52 weeks, CXW's PEG has been as high as 1.89 and as low as 1.21, with a median of 1.70.
Investors should also recognize that CXW has a P/B ratio of 1.74. 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 company's current P/B looks solid when compared to its industry's average P/B of 2.61. Over the past year, CXW's P/B has been as high as 2.15 and as low as 1.46, with a median of 1.85.
Finally, investors will want to recognize that CXW has a P/CF ratio of 7.32. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 16.82. Over the past 52 weeks, CXW's P/CF has been as high as 9.82 and as low as 6.47, with a median of 8.05.
These figures are just a handful of the metrics value investors tend to look at, but they help show that CCA is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CXW feels like a great value stock at the moment.