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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
One company to watch right now is U.S. Xpress Enterprises, Inc. . USX is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 12.04 right now. For comparison, its industry sports an average P/E of 28.80. Over the last 12 months, USX's Forward P/E has been as high as 55.71 and as low as 6.31, with a median of 17.75.
Another notable valuation metric for USX is its P/B ratio of 1.84. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. USX's current P/B looks attractive when compared to its industry's average P/B of 3.94. USX's P/B has been as high as 2.29 and as low as 0.59, with a median of 1.04, over the past year.
Finally, investors should note that USX has a P/CF ratio of 5.52. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 20.68. Over the past year, USX's P/CF has been as high as 6.89 and as low as 1.57, with a median of 2.61.
These are just a handful of the figures considered in U.S. Xpress Enterprises, Inc.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that USX is an impressive value stock right now.
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Are Investors Undervaluing U.S. Xpress Enterprises, Inc. (USX) 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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
One company to watch right now is U.S. Xpress Enterprises, Inc. . USX is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 12.04 right now. For comparison, its industry sports an average P/E of 28.80. Over the last 12 months, USX's Forward P/E has been as high as 55.71 and as low as 6.31, with a median of 17.75.
Another notable valuation metric for USX is its P/B ratio of 1.84. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. USX's current P/B looks attractive when compared to its industry's average P/B of 3.94. USX's P/B has been as high as 2.29 and as low as 0.59, with a median of 1.04, over the past year.
Finally, investors should note that USX has a P/CF ratio of 5.52. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 20.68. Over the past year, USX's P/CF has been as high as 6.89 and as low as 1.57, with a median of 2.61.
These are just a handful of the figures considered in U.S. Xpress Enterprises, Inc.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that USX is an impressive value stock right now.