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Is Diana Shipping (DSX) Stock Undervalued Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Diana Shipping (DSX - Free Report) . DSX is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Investors should also recognize that DSX has a P/B ratio of 1.03. 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. This stock's P/B looks solid versus its industry's average P/B of 1.07. Over the past 12 months, DSX's P/B has been as high as 1.49 and as low as 0.80, with a median of 1.06.
Finally, we should also recognize that DSX has a P/CF ratio of 2.82. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. DSX's current P/CF looks attractive when compared to its industry's average P/CF of 2.90. Within the past 12 months, DSX's P/CF has been as high as 21.40 and as low as 2.67, with a median of 4.44.
Investors could also keep in mind Pangaea Logistics Solutions (PANL - Free Report) , an Transportation - Shipping stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Additionally, Pangaea Logistics Solutions has a P/B ratio of 0.72 while its industry's price-to-book ratio sits at 1.07. For PANL, this valuation metric has been as high as 1.04, as low as 0.56, with a median of 0.76 over the past year.
These are only a few of the key metrics included in Diana Shipping and Pangaea Logistics Solutions strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, DSX and PANL look like an impressive value stock at the moment.
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Is Diana Shipping (DSX) Stock Undervalued Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Diana Shipping (DSX - Free Report) . DSX is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Investors should also recognize that DSX has a P/B ratio of 1.03. 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. This stock's P/B looks solid versus its industry's average P/B of 1.07. Over the past 12 months, DSX's P/B has been as high as 1.49 and as low as 0.80, with a median of 1.06.
Finally, we should also recognize that DSX has a P/CF ratio of 2.82. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. DSX's current P/CF looks attractive when compared to its industry's average P/CF of 2.90. Within the past 12 months, DSX's P/CF has been as high as 21.40 and as low as 2.67, with a median of 4.44.
Investors could also keep in mind Pangaea Logistics Solutions (PANL - Free Report) , an Transportation - Shipping stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Additionally, Pangaea Logistics Solutions has a P/B ratio of 0.72 while its industry's price-to-book ratio sits at 1.07. For PANL, this valuation metric has been as high as 1.04, as low as 0.56, with a median of 0.76 over the past year.
These are only a few of the key metrics included in Diana Shipping and Pangaea Logistics Solutions strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, DSX and PANL look like an impressive value stock at the moment.