We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Investors Undervaluing These Transportation Stocks Right Now?
Read MoreHide Full Article
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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is GasLog Partners . GLOP is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 2.94, which compares to its industry's average of 3.99. Over the last 12 months, GLOP's Forward P/E has been as high as 6.14 and as low as 2.47, with a median of 3.44.
We should also highlight that GLOP has a P/B ratio of 0.32. The P/B ratio is used to compare a stock's market value with 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 0.95. Within the past 52 weeks, GLOP's P/B has been as high as 0.44 and as low as 0.20, with a median of 0.29.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. GLOP has a P/S ratio of 0.64. This compares to its industry's average P/S of 1.31.
Investors could also keep in mind Navios Maritime Partners (NMM - Free Report) , an Transportation - Shipping stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Navios Maritime Partners also has a P/B ratio of 0.32 compared to its industry's price-to-book ratio of 0.95. Over the past year, its P/B ratio has been as high as 0.69, as low as 0.14, with a median of 0.37.
These are just a handful of the figures considered in GasLog Partners and Navios Maritime Partners'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 GLOP and NMM is an impressive value stock right now.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Investors Undervaluing These Transportation Stocks 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.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is GasLog Partners . GLOP is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 2.94, which compares to its industry's average of 3.99. Over the last 12 months, GLOP's Forward P/E has been as high as 6.14 and as low as 2.47, with a median of 3.44.
We should also highlight that GLOP has a P/B ratio of 0.32. The P/B ratio is used to compare a stock's market value with 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 0.95. Within the past 52 weeks, GLOP's P/B has been as high as 0.44 and as low as 0.20, with a median of 0.29.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. GLOP has a P/S ratio of 0.64. This compares to its industry's average P/S of 1.31.
Investors could also keep in mind Navios Maritime Partners (NMM - Free Report) , an Transportation - Shipping stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Navios Maritime Partners also has a P/B ratio of 0.32 compared to its industry's price-to-book ratio of 0.95. Over the past year, its P/B ratio has been as high as 0.69, as low as 0.14, with a median of 0.37.
These are just a handful of the figures considered in GasLog Partners and Navios Maritime Partners'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 GLOP and NMM is an impressive value stock right now.