While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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 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 stock to keep an eye on is Triton International . TRTN is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 6.56 right now. For comparison, its industry sports an average P/E of 10.59. Over the last 12 months, TRTN's Forward P/E has been as high as 14.20 and as low as 6.19, with a median of 7.61.
Investors should also note that TRTN holds a PEG ratio of 0.66. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TRTN's industry currently sports an average PEG of 1.04. Over the last 12 months, TRTN's PEG has been as high as 1.89 and as low as 0.62, with a median of 0.76.
Investors should also recognize that TRTN has a P/B ratio of 1.03. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.20. TRTN's P/B has been as high as 1.56 and as low as 0.97, with a median of 1.17, over the past year.
Finally, investors should note that TRTN has a P/CF ratio of 2.20. 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 company's current P/CF looks solid when compared to its industry's average P/CF of 3.85. TRTN's P/CF has been as high as 4.01 and as low as 2.07, with a median of 2.60, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Triton International is likely undervalued currently. And when considering the strength of its earnings outlook, TRTN sticks out at as one of the market's strongest value stocks.
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Should Value Investors Buy Triton International (TRTN) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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 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 stock to keep an eye on is Triton International . TRTN is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 6.56 right now. For comparison, its industry sports an average P/E of 10.59. Over the last 12 months, TRTN's Forward P/E has been as high as 14.20 and as low as 6.19, with a median of 7.61.
Investors should also note that TRTN holds a PEG ratio of 0.66. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TRTN's industry currently sports an average PEG of 1.04. Over the last 12 months, TRTN's PEG has been as high as 1.89 and as low as 0.62, with a median of 0.76.
Investors should also recognize that TRTN has a P/B ratio of 1.03. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.20. TRTN's P/B has been as high as 1.56 and as low as 0.97, with a median of 1.17, over the past year.
Finally, investors should note that TRTN has a P/CF ratio of 2.20. 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 company's current P/CF looks solid when compared to its industry's average P/CF of 3.85. TRTN's P/CF has been as high as 4.01 and as low as 2.07, with a median of 2.60, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Triton International is likely undervalued currently. And when considering the strength of its earnings outlook, TRTN sticks out at as one of the market's strongest value stocks.