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Should Value Investors Buy Global Ship Lease (GSL) Stock?
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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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. 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 value investors might notice is Global Ship Lease (GSL - Free Report) . GSL is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 3.23, while its industry has an average P/E of 6.96. Over the past 52 weeks, GSL's Forward P/E has been as high as 3.24 and as low as 1.89, with a median of 2.60.
Another notable valuation metric for GSL is its P/B ratio of 0.68. The P/B ratio pits a stock's market value against 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 1.54. Within the past 52 weeks, GSL's P/B has been as high as 0.71 and as low as 0.41, with a median of 0.58.
Finally, our model also underscores that GSL has a P/CF ratio of 2.24. 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. GSL's current P/CF looks attractive when compared to its industry's average P/CF of 6. Within the past 12 months, GSL's P/CF has been as high as 2.24 and as low as 1.31, with a median of 1.82.
These are just a handful of the figures considered in Global Ship Lease'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 GSL is an impressive value stock right now.
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Should Value Investors Buy Global Ship Lease (GSL) Stock?
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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. 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 value investors might notice is Global Ship Lease (GSL - Free Report) . GSL is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 3.23, while its industry has an average P/E of 6.96. Over the past 52 weeks, GSL's Forward P/E has been as high as 3.24 and as low as 1.89, with a median of 2.60.
Another notable valuation metric for GSL is its P/B ratio of 0.68. The P/B ratio pits a stock's market value against 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 1.54. Within the past 52 weeks, GSL's P/B has been as high as 0.71 and as low as 0.41, with a median of 0.58.
Finally, our model also underscores that GSL has a P/CF ratio of 2.24. 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. GSL's current P/CF looks attractive when compared to its industry's average P/CF of 6. Within the past 12 months, GSL's P/CF has been as high as 2.24 and as low as 1.31, with a median of 1.82.
These are just a handful of the figures considered in Global Ship Lease'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 GSL is an impressive value stock right now.