Yahoo Finance Should Value Investors Buy Seanergy Maritime Holdings (SHIP) Stock?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
One company value investors might notice is Seanergy Maritime Holdings (SHIP). SHIP 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 4.40. This compares to its industry's average Forward P/E of 6.86. Over the last 12 months, SHIP's Forward P/E has been as high as 60.23 and as low as 4.37, with a median of 8.62.
We should also highlight that SHIP has a P/B ratio of 0.87. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. SHIP's current P/B looks attractive when compared to its industry's average P/B of 2.07. Over the past year, SHIP's P/B has been as high as 1.07 and as low as 0.34, with a median of 0.63.
Finally, our model also underscores that SHIP has a P/CF ratio of 4.36. 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 stock's P/CF looks attractive against its industry's average P/CF of 10.04. Over the past 52 weeks, SHIP's P/CF has been as high as 6.16 and as low as 1.84, with a median of 4.25.
These are only a few of the key metrics included in Seanergy Maritime Holdings's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, SHIP looks like an impressive value stock at the moment.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Seanergy Maritime Holdings Corp (SHIP) : Free Stock Analysis Report
