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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Health Insurance Innovations is a stock many investors are watching right now. HIIQ is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 7.36. This compares to its industry's average Forward P/E of 10.38. HIIQ's Forward P/E has been as high as 22.02 and as low as 6.73, with a median of 12.17, all within the past year.
Finally, our model also underscores that HIIQ has a P/CF ratio of 19.43. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 27.69. Over the past year, HIIQ's P/CF has been as high as 44.65 and as low as 16.48, with a median of 25.39.
Value investors will likely look at more than just these metrics, but the above data helps show that Health Insurance Innovations is likely undervalued currently. And when considering the strength of its earnings outlook, HIIQ sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing Health Insurance Innovations (HIIQ) Right Now?
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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Health Insurance Innovations is a stock many investors are watching right now. HIIQ is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 7.36. This compares to its industry's average Forward P/E of 10.38. HIIQ's Forward P/E has been as high as 22.02 and as low as 6.73, with a median of 12.17, all within the past year.
Finally, our model also underscores that HIIQ has a P/CF ratio of 19.43. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 27.69. Over the past year, HIIQ's P/CF has been as high as 44.65 and as low as 16.48, with a median of 25.39.
Value investors will likely look at more than just these metrics, but the above data helps show that Health Insurance Innovations is likely undervalued currently. And when considering the strength of its earnings outlook, HIIQ sticks out at as one of the market's strongest value stocks.