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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One stock to keep an eye on is CSI Compressco . CCLP is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
Investors should also recognize that CCLP has a P/B ratio of 1.03. The P/B ratio is used to compare a stock's market value with 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 1.72. Within the past 52 weeks, CCLP's P/B has been as high as 3.18 and as low as 0.46, with a median of 2.12.
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. CCLP has a P/S ratio of 0.09. This compares to its industry's average P/S of 0.26.
These figures are just a handful of the metrics value investors tend to look at, but they help show that CSI Compressco is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CCLP feels like a great value stock at the moment.
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Are Investors Undervaluing CSI Compressco (CCLP) 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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One stock to keep an eye on is CSI Compressco . CCLP is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
Investors should also recognize that CCLP has a P/B ratio of 1.03. The P/B ratio is used to compare a stock's market value with 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 1.72. Within the past 52 weeks, CCLP's P/B has been as high as 3.18 and as low as 0.46, with a median of 2.12.
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. CCLP has a P/S ratio of 0.09. This compares to its industry's average P/S of 0.26.
These figures are just a handful of the metrics value investors tend to look at, but they help show that CSI Compressco is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CCLP feels like a great value stock at the moment.