We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Pangaea Logistics (PANL): The Perfect Mix of Value and Rising Earnings Estimates?
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Pangaea Logistics Solutions Ltd. (PANL - Free Report) .
Pangaea Logistics in Focus
PANL may be an interesting play thanks to its forward PE of 4.50, its P/S ratio of 0.49, and its decent dividend yield of 2.7%. These factors suggest that Pangaea Logistics is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that PANL has decent revenue metrics to back up its earnings.
Pangaea Logistics Solutions Ltd. PE Ratio (TTM)
Pangaea Logistics Solutions Ltd. pe-ratio-ttm | Pangaea Logistics Solutions Ltd. Quote
But before you think that Pangaea Logistics is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 55.4% in the past 60 days, thanks to one upward revision in the past two months compared to none lower.
This estimate strength is actually enough to push PANL to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Pangaea Logistics is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.