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 Navios Maritime Partners (NMM) Right Now?
Read MoreHide Full Article
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Navios Maritime Partners (NMM - Free Report) is a stock many investors are watching right now. NMM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 2.93 right now. For comparison, its industry sports an average P/E of 7.08. Over the past 52 weeks, NMM's Forward P/E has been as high as 3.17 and as low as 1.30, with a median of 1.85.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. NMM has a P/S ratio of 1.1. This compares to its industry's average P/S of 1.38.
Finally, our model also underscores that NMM has a P/CF ratio of 2.19. 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. NMM's current P/CF looks attractive when compared to its industry's average P/CF of 7.94. Within the past 12 months, NMM's P/CF has been as high as 2.24 and as low as 0.70, with a median of 1.03.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Navios Maritime Partners is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, NMM feels like a great value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Investors Undervaluing Navios Maritime Partners (NMM) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Navios Maritime Partners (NMM - Free Report) is a stock many investors are watching right now. NMM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 2.93 right now. For comparison, its industry sports an average P/E of 7.08. Over the past 52 weeks, NMM's Forward P/E has been as high as 3.17 and as low as 1.30, with a median of 1.85.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. NMM has a P/S ratio of 1.1. This compares to its industry's average P/S of 1.38.
Finally, our model also underscores that NMM has a P/CF ratio of 2.19. 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. NMM's current P/CF looks attractive when compared to its industry's average P/CF of 7.94. Within the past 12 months, NMM's P/CF has been as high as 2.24 and as low as 0.70, with a median of 1.03.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Navios Maritime Partners is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, NMM feels like a great value stock at the moment.