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, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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 value investors might notice is CAI International . CAI is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 9.43, which compares to its industry's average of 13.26. Over the past 52 weeks, CAI's Forward P/E has been as high as 18.76 and as low as 3.84, with a median of 7.29.
Investors should also recognize that CAI has a P/B ratio of 0.64. The P/B is a method of comparing a stock's market value to 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 0.92. CAI's P/B has been as high as 0.88 and as low as 0.32, with a median of 0.64, over the past year.
Finally, investors should note that CAI has a P/CF ratio of 3.16. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. CAI's current P/CF looks attractive when compared to its industry's average P/CF of 4.93. Over the past 52 weeks, CAI's P/CF has been as high as 3.35 and as low as 1.23, with a median of 2.48.
These are only a few of the key metrics included in CAI International'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, CAI looks like an impressive value stock at the moment.
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Is CAI International (CAI) Stock Undervalued Right Now?
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, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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 value investors might notice is CAI International . CAI is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 9.43, which compares to its industry's average of 13.26. Over the past 52 weeks, CAI's Forward P/E has been as high as 18.76 and as low as 3.84, with a median of 7.29.
Investors should also recognize that CAI has a P/B ratio of 0.64. The P/B is a method of comparing a stock's market value to 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 0.92. CAI's P/B has been as high as 0.88 and as low as 0.32, with a median of 0.64, over the past year.
Finally, investors should note that CAI has a P/CF ratio of 3.16. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. CAI's current P/CF looks attractive when compared to its industry's average P/CF of 4.93. Over the past 52 weeks, CAI's P/CF has been as high as 3.35 and as low as 1.23, with a median of 2.48.
These are only a few of the key metrics included in CAI International'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, CAI looks like an impressive value stock at the moment.