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.
Should Value Investors Buy INPLAY OIL CP (IPOOF) Stock?
Read MoreHide Full Article
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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.
INPLAY OIL CP (IPOOF - Free Report) is a stock many investors are watching right now. IPOOF is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 9.10. This compares to its industry's average Forward P/E of 11.10. Over the past year, IPOOF's Forward P/E has been as high as 13.69 and as low as 8.44, with a median of 11.05.
Finally, investors will want to recognize that IPOOF has a P/CF ratio of 2.66. 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. IPOOF's P/CF compares to its industry's average P/CF of 5.92. IPOOF's P/CF has been as high as 3.08 and as low as 2.16, with a median of 2.57, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that INPLAY OIL CP is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, IPOOF feels like a great value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Should Value Investors Buy INPLAY OIL CP (IPOOF) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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.
INPLAY OIL CP (IPOOF - Free Report) is a stock many investors are watching right now. IPOOF is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 9.10. This compares to its industry's average Forward P/E of 11.10. Over the past year, IPOOF's Forward P/E has been as high as 13.69 and as low as 8.44, with a median of 11.05.
Finally, investors will want to recognize that IPOOF has a P/CF ratio of 2.66. 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. IPOOF's P/CF compares to its industry's average P/CF of 5.92. IPOOF's P/CF has been as high as 3.08 and as low as 2.16, with a median of 2.57, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that INPLAY OIL CP is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, IPOOF feels like a great value stock at the moment.