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Are These Transportation Stocks Undervalued Right Now?
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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 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 Trinity Industries (TRN - Free Report) . TRN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. TRN has a P/S ratio of 1.37. This compares to its industry's average P/S of 2.02.
Finally, investors should note that TRN has a P/CF ratio of 6.47. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. TRN's current P/CF looks attractive when compared to its industry's average P/CF of 8.36. TRN's P/CF has been as high as 31.11 and as low as -84.22, with a median of 14.60, all within the past year.
Another great Transportation - Equipment and Leasing stock you could consider is Triton , which is a # 2 (Buy) stock with a Value Score of A.
Shares of Triton currently holds a Forward P/E ratio of 6.14, and its PEG ratio is 0.61. In comparison, its industry sports average P/E and PEG ratios of 11.58 and 0.91.
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Are These Transportation Stocks 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 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 Trinity Industries (TRN - Free Report) . TRN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. TRN has a P/S ratio of 1.37. This compares to its industry's average P/S of 2.02.
Finally, investors should note that TRN has a P/CF ratio of 6.47. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. TRN's current P/CF looks attractive when compared to its industry's average P/CF of 8.36. TRN's P/CF has been as high as 31.11 and as low as -84.22, with a median of 14.60, all within the past year.
Another great Transportation - Equipment and Leasing stock you could consider is Triton , which is a # 2 (Buy) stock with a Value Score of A.
Shares of Triton currently holds a Forward P/E ratio of 6.14, and its PEG ratio is 0.61. In comparison, its industry sports average P/E and PEG ratios of 11.58 and 0.91.