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Should Value Investors Buy Radiant Logistics (RLGT) Stock?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find 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.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Radiant Logistics (RLGT - Free Report) . RLGT is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 11.80, which compares to its industry's average of 12.04. Over the past year, RLGT's Forward P/E has been as high as 15.73 and as low as 8.94, with a median of 12.45.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. RLGT has a P/S ratio of 0.3. This compares to its industry's average P/S of 0.39.
Finally, our model also underscores that RLGT has a P/CF ratio of 9.47. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 10.94. Over the past 52 weeks, RLGT's P/CF has been as high as 12.04 and as low as 7.14, with a median of 9.99.
These are just a handful of the figures considered in Radiant Logistics'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 RLGT is an impressive value stock right now.
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Should Value Investors Buy Radiant Logistics (RLGT) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find 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.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Radiant Logistics (RLGT - Free Report) . RLGT is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 11.80, which compares to its industry's average of 12.04. Over the past year, RLGT's Forward P/E has been as high as 15.73 and as low as 8.94, with a median of 12.45.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. RLGT has a P/S ratio of 0.3. This compares to its industry's average P/S of 0.39.
Finally, our model also underscores that RLGT has a P/CF ratio of 9.47. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 10.94. Over the past 52 weeks, RLGT's P/CF has been as high as 12.04 and as low as 7.14, with a median of 9.99.
These are just a handful of the figures considered in Radiant Logistics'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 RLGT is an impressive value stock right now.