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Is Navios Maritime Partners (NMM) 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.
Navios Maritime Partners (NMM - Free Report) is a stock many investors are watching right now. NMM is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. NMM has a P/S ratio of 0.75. This compares to its industry's average P/S of 1.06.
Finally, we should also recognize that NMM has a P/CF ratio of 1.15. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 3.03. Within the past 12 months, NMM's P/CF has been as high as 1.93 and as low as 0.93, with a median of 1.40.
If you're looking for another solid Transportation - Shipping value stock, take a look at Tsakos Energy Navigation (TNP - Free Report) . TNP is a # 1 (Strong Buy) stock with a Value score of A.
Furthermore, Tsakos Energy Navigation holds a P/B ratio of 0.23 and its industry's price-to-book ratio is 1.16. TNP's P/B has been as high as 0.25, as low as 0.10, with a median of 0.14 over the past 12 months.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Navios Maritime Partners and Tsakos Energy Navigation are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, NMM and TNP feels like a great value stock at the moment.
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Is Navios Maritime Partners (NMM) 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.
Navios Maritime Partners (NMM - Free Report) is a stock many investors are watching right now. NMM is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. NMM has a P/S ratio of 0.75. This compares to its industry's average P/S of 1.06.
Finally, we should also recognize that NMM has a P/CF ratio of 1.15. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 3.03. Within the past 12 months, NMM's P/CF has been as high as 1.93 and as low as 0.93, with a median of 1.40.
If you're looking for another solid Transportation - Shipping value stock, take a look at Tsakos Energy Navigation (TNP - Free Report) . TNP is a # 1 (Strong Buy) stock with a Value score of A.
Furthermore, Tsakos Energy Navigation holds a P/B ratio of 0.23 and its industry's price-to-book ratio is 1.16. TNP's P/B has been as high as 0.25, as low as 0.10, with a median of 0.14 over the past 12 months.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Navios Maritime Partners and Tsakos Energy Navigation are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, NMM and TNP feels like a great value stock at the moment.