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Should Value Investors Buy Global Ship Lease (GSL) Stock?
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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 use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 has a Forward P/E ratio of 3.25. This compares to its industry's average Forward P/E of 7.15. Over the past 52 weeks, GSL's Forward P/E has been as high as 3.38 and as low as 1.89, with a median of 2.62.
Investors should also recognize that GSL has a P/B ratio of 0.69. 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 1.53. 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, we should also recognize that GSL has a P/CF ratio of 2.25. 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. This stock's P/CF looks attractive against its industry's average P/CF of 5.90. GSL's P/CF has been as high as 2.34 and as low as 1.31, with a median of 1.82, all within the past year.
If you're looking for another solid Transportation - Shipping value stock, take a look at Seanergy Maritime Holdings (SHIP - Free Report) . SHIP is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Additionally, Seanergy Maritime Holdings has a P/B ratio of 0.69 while its industry's price-to-book ratio sits at 1.53. For SHIP, this valuation metric has been as high as 1.02, as low as 0.41, with a median of 0.55 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Global Ship Lease and Seanergy Maritime Holdings are likely undervalued currently. And when considering the strength of its earnings outlook, GSL and SHIP sticks out as one of the market's strongest value stocks.
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Should Value Investors Buy Global Ship Lease (GSL) Stock?
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 use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 has a Forward P/E ratio of 3.25. This compares to its industry's average Forward P/E of 7.15. Over the past 52 weeks, GSL's Forward P/E has been as high as 3.38 and as low as 1.89, with a median of 2.62.
Investors should also recognize that GSL has a P/B ratio of 0.69. 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 1.53. 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, we should also recognize that GSL has a P/CF ratio of 2.25. 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. This stock's P/CF looks attractive against its industry's average P/CF of 5.90. GSL's P/CF has been as high as 2.34 and as low as 1.31, with a median of 1.82, all within the past year.
If you're looking for another solid Transportation - Shipping value stock, take a look at Seanergy Maritime Holdings (SHIP - Free Report) . SHIP is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Additionally, Seanergy Maritime Holdings has a P/B ratio of 0.69 while its industry's price-to-book ratio sits at 1.53. For SHIP, this valuation metric has been as high as 1.02, as low as 0.41, with a median of 0.55 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Global Ship Lease and Seanergy Maritime Holdings are likely undervalued currently. And when considering the strength of its earnings outlook, GSL and SHIP sticks out as one of the market's strongest value stocks.