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Should Value Investors Buy Global Ship Lease (GSL) Stock?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 company value investors might notice is Global Ship Lease (GSL - Free Report) . GSL 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 3.82, which compares to its industry's average of 5.36. Over the past year, GSL's Forward P/E has been as high as 9.76 and as low as 2.64, with a median of 5.27.
Finally, our model also underscores that GSL has a P/CF ratio of 5.13. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 5.73. Over the past year, GSL's P/CF has been as high as 6.36 and as low as 0.87, with a median of 2.45.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Global Ship Lease is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GSL feels like a great value stock at the moment.
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Should Value Investors Buy Global Ship Lease (GSL) Stock?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 company value investors might notice is Global Ship Lease (GSL - Free Report) . GSL 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 3.82, which compares to its industry's average of 5.36. Over the past year, GSL's Forward P/E has been as high as 9.76 and as low as 2.64, with a median of 5.27.
Finally, our model also underscores that GSL has a P/CF ratio of 5.13. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 5.73. Over the past year, GSL's P/CF has been as high as 6.36 and as low as 0.87, with a median of 2.45.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Global Ship Lease is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, GSL feels like a great value stock at the moment.