We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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.
Should Value Investors Buy Chatham Lodging Trust REIT (CLDT) Stock?
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, 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.
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 company to watch right now is Chatham Lodging Trust REIT (CLDT - Free Report) . CLDT is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock has a Forward P/E ratio of 6.77. This compares to its industry's average Forward P/E of 16.67. Over the last 12 months, CLDT's Forward P/E has been as high as 8.70 and as low as 5.56, with a median of 7.10.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's 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. CLDT has a P/S ratio of 1.39. This compares to its industry's average P/S of 4.08.
If you're looking for another solid REIT and Equity Trust - Other value stock, take a look at Douglas Emmett (DEI - Free Report) . DEI is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Additionally, Douglas Emmett has a P/B ratio of 0.75 while its industry's price-to-book ratio sits at 1.94. For DEI, this valuation metric has been as high as 0.93, as low as 0.60, with a median of 0.76 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Chatham Lodging Trust REIT and Douglas Emmett are likely undervalued currently. And when considering the strength of its earnings outlook, CLDT and DEI sticks out as one of the market's strongest value stocks.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Should Value Investors Buy Chatham Lodging Trust REIT (CLDT) 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, 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.
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 company to watch right now is Chatham Lodging Trust REIT (CLDT - Free Report) . CLDT is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock has a Forward P/E ratio of 6.77. This compares to its industry's average Forward P/E of 16.67. Over the last 12 months, CLDT's Forward P/E has been as high as 8.70 and as low as 5.56, with a median of 7.10.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's 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. CLDT has a P/S ratio of 1.39. This compares to its industry's average P/S of 4.08.
If you're looking for another solid REIT and Equity Trust - Other value stock, take a look at Douglas Emmett (DEI - Free Report) . DEI is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Additionally, Douglas Emmett has a P/B ratio of 0.75 while its industry's price-to-book ratio sits at 1.94. For DEI, this valuation metric has been as high as 0.93, as low as 0.60, with a median of 0.76 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Chatham Lodging Trust REIT and Douglas Emmett are likely undervalued currently. And when considering the strength of its earnings outlook, CLDT and DEI sticks out as one of the market's strongest value stocks.