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.
Is Seanergy Maritime Holdings (SHIP) Stock Undervalued Right Now?
Read MoreHide Full Article
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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Seanergy Maritime Holdings (SHIP - Free Report) . SHIP is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 6.78, which compares to its industry's average of 6.87. Over the past 52 weeks, SHIP's Forward P/E has been as high as 60.23 and as low as 4.99, with a median of 12.93.
We should also highlight that SHIP has a P/B ratio of 0.82. The P/B ratio pits a stock's market value against 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 2.17. Over the past year, SHIP's P/B has been as high as 0.82 and as low as 0.34, with a median of 0.53.
Finally, we should also recognize that SHIP has a P/CF ratio of 5.47. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. SHIP's P/CF compares to its industry's average P/CF of 7.22. SHIP's P/CF has been as high as 6.16 and as low as 1.79, with a median of 4.23, all within the past year.
Investors could also keep in mind Tsakos Energy Navigation (TNP - Free Report) , an Transportation - Shipping stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Furthermore, Tsakos Energy Navigation holds a P/B ratio of 0.48 and its industry's price-to-book ratio is 2.17. TNP's P/B has been as high as 0.49, as low as 0.32, with a median of 0.43 over the past 12 months.
These are only a few of the key metrics included in Seanergy Maritime Holdings and Tsakos Energy Navigation strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, SHIP and TNP look like an impressive value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Seanergy Maritime Holdings (SHIP) Stock Undervalued 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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Seanergy Maritime Holdings (SHIP - Free Report) . SHIP is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 6.78, which compares to its industry's average of 6.87. Over the past 52 weeks, SHIP's Forward P/E has been as high as 60.23 and as low as 4.99, with a median of 12.93.
We should also highlight that SHIP has a P/B ratio of 0.82. The P/B ratio pits a stock's market value against 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 2.17. Over the past year, SHIP's P/B has been as high as 0.82 and as low as 0.34, with a median of 0.53.
Finally, we should also recognize that SHIP has a P/CF ratio of 5.47. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. SHIP's P/CF compares to its industry's average P/CF of 7.22. SHIP's P/CF has been as high as 6.16 and as low as 1.79, with a median of 4.23, all within the past year.
Investors could also keep in mind Tsakos Energy Navigation (TNP - Free Report) , an Transportation - Shipping stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Furthermore, Tsakos Energy Navigation holds a P/B ratio of 0.48 and its industry's price-to-book ratio is 2.17. TNP's P/B has been as high as 0.49, as low as 0.32, with a median of 0.43 over the past 12 months.
These are only a few of the key metrics included in Seanergy Maritime Holdings and Tsakos Energy Navigation strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, SHIP and TNP look like an impressive value stock at the moment.