For Immediate Release
Chicago, IL – October 12, 2021 – Stocks in this week’s article are Hibbett, Inc. (
HIBB Quick Quote HIBB - Free Report) , O'Reilly Automotive, Inc. ( ORLY Quick Quote ORLY - Free Report) , The Interpublic Group of Companies, Inc. ( IPG Quick Quote IPG - Free Report) , and Quest Diagnostics Inc. ( DGX Quick Quote DGX - Free Report) . 4 Stocks that Stand Out on Attractive Coverage Ratios
We often judge a company on the basis of its sales and earnings. These, however, may not be enough. Sometimes, a stock gets a boost if these numbers climb year over year or surpass estimates in a particular quarter, thus offering a great opportunity for an investor with a shorter horizon to cash in on. But if you seek long-term returns, investments backed only by sales and earnings numbers may not yield the desired results.
A critical analysis of a company’s financial background is a prerequisite for an informed investment decision. Here, coverage ratios that determine whether a company is sound enough to meet its financial obligations play a crucial role. The higher the ratio, the better. The focus of this article is on “Interest Coverage,” which is one such ratio.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1809436/4-stocks-that-stand-out-on-attractive-interest-coverage-ratio Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week
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Strong Stocks that Should Be in the News
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