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Are Investors Undervaluing LATAM Airlines Group (LTM) Right Now?
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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, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
LATAM Airlines Group (LTM - Free Report) is a stock many investors are watching right now. LTM is currently sporting a Zacks Rank #1 (Strong Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 8.88. This compares to its industry's average Forward P/E of 9.72. Over the past 52 weeks, LTM's Forward P/E has been as high as 9.75 and as low as 6.73, with a median of 8.47.
Investors will also notice that LTM has a PEG ratio of 0.40. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. LTM's PEG compares to its industry's average PEG of 0.46. Over the last 12 months, LTM's PEG has been as high as 0.85 and as low as 0.37, with a median of 0.57.
These are only a few of the key metrics included in LATAM Airlines Group's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, LTM looks like an impressive value stock at the moment.
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Are Investors Undervaluing LATAM Airlines Group (LTM) 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, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
LATAM Airlines Group (LTM - Free Report) is a stock many investors are watching right now. LTM is currently sporting a Zacks Rank #1 (Strong Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 8.88. This compares to its industry's average Forward P/E of 9.72. Over the past 52 weeks, LTM's Forward P/E has been as high as 9.75 and as low as 6.73, with a median of 8.47.
Investors will also notice that LTM has a PEG ratio of 0.40. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. LTM's PEG compares to its industry's average PEG of 0.46. Over the last 12 months, LTM's PEG has been as high as 0.85 and as low as 0.37, with a median of 0.57.
These are only a few of the key metrics included in LATAM Airlines Group's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, LTM looks like an impressive value stock at the moment.