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Is Orix Corp Ads (IX) Stock 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.
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 Orix Corp Ads (IX - Free Report) . IX is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 7.19. This compares to its industry's average Forward P/E of 10.70. Over the past year, IX's Forward P/E has been as high as 10.37 and as low as 7.05, with a median of 8.64.
Investors will also notice that IX has a PEG ratio of 0.38. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. IX's industry currently sports an average PEG of 0.79. Over the past 52 weeks, IX's PEG has been as high as 0.69 and as low as 0.28, with a median of 0.38.
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. IX has a P/S ratio of 0.91. This compares to its industry's average P/S of 1.88.
Value investors will likely look at more than just these metrics, but the above data helps show that Orix Corp Ads is likely undervalued currently. And when considering the strength of its earnings outlook, IX sticks out at as one of the market's strongest value stocks.
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Is Orix Corp Ads (IX) 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 use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 Orix Corp Ads (IX - Free Report) . IX is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 7.19. This compares to its industry's average Forward P/E of 10.70. Over the past year, IX's Forward P/E has been as high as 10.37 and as low as 7.05, with a median of 8.64.
Investors will also notice that IX has a PEG ratio of 0.38. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. IX's industry currently sports an average PEG of 0.79. Over the past 52 weeks, IX's PEG has been as high as 0.69 and as low as 0.28, with a median of 0.38.
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. IX has a P/S ratio of 0.91. This compares to its industry's average P/S of 1.88.
Value investors will likely look at more than just these metrics, but the above data helps show that Orix Corp Ads is likely undervalued currently. And when considering the strength of its earnings outlook, IX sticks out at as one of the market's strongest value stocks.