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Are Investors Undervaluing StealthGas (GASS) Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 stock to keep an eye on is StealthGas (GASS - Free Report) . GASS is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 2.63 right now. For comparison, its industry sports an average P/E of 6.99. Over the last 12 months, GASS's Forward P/E has been as high as 43.03 and as low as 2.35, with a median of 7.80.
Investors should also recognize that GASS has a P/B ratio of 0.18. 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. GASS's current P/B looks attractive when compared to its industry's average P/B of 0.44. GASS's P/B has been as high as 0.27 and as low as 0.12, with a median of 0.19, over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that StealthGas is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GASS feels like a great value stock at the moment.
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Are Investors Undervaluing StealthGas (GASS) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 stock to keep an eye on is StealthGas (GASS - Free Report) . GASS is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 2.63 right now. For comparison, its industry sports an average P/E of 6.99. Over the last 12 months, GASS's Forward P/E has been as high as 43.03 and as low as 2.35, with a median of 7.80.
Investors should also recognize that GASS has a P/B ratio of 0.18. 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. GASS's current P/B looks attractive when compared to its industry's average P/B of 0.44. GASS's P/B has been as high as 0.27 and as low as 0.12, with a median of 0.19, over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that StealthGas is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GASS feels like a great value stock at the moment.