【candy that starts with a f】Should Value Investors Buy Avis Budget Group (CAR) Stock?
Thecandy that starts with a f 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.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One stock to keep an eye on is Avis Budget Group (CAR). CAR is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CAR has a P/S ratio of 0.38. This compares to its industry's average P/S of 0.56.
Finally, investors should note that CAR has a P/CF ratio of 0.98. 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. CAR's current P/CF looks attractive when compared to its industry's average P/CF of 3.20. Within the past 12 months, CAR's P/CF has been as high as 1.08 and as low as 0.17, with a median of 0.73.
Value investors will likely look at more than just these metrics, but the above data helps show that Avis Budget Group is likely undervalued currently. And when considering the strength of its earnings outlook, CAR sticks out at as one of the market's strongest value stocks.
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
Avis Budget Group, Inc. (CAR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
View comments
-
Organic elderberries recalled over possible salmonella contaminationGM electric vehicle tax credit phase-out to begin this year: ReportBRIEF-Anhui Jianghuai Automobile And Unit Receive Government Subsidies Of 202.4 Mln Yuan As Of Dec 29Why slowing economies could prod US and China to reach dealTrump calls for shift in coronavirus strategy to allow for end to lockdownsBIC: HACO Industries Kenya ClosingTop Trump advisor Bannon reportedly wants to hike taxes on the richDNO ASA: Notification - Holding of Synthetic SharesEXCLUSIVE: Frédéric Arnault Gears Up for CEO Role at Tag HeuerBRIEF-Shenji Group Kunming Machine Tool Sees FY Consol Net Loss Attributable RMB251.1 MLN
下一篇:Spotify Rolls Out Standalone Streaming On Apple Watch App: TechCrunch
- ·Kemper (KMPR) Q3 Earnings and Revenues Beat Estimates
- ·Fiat Chrysler CEO 2016 compensation was $12 million-filing
- ·Italy Is Heading for Recession in 2019. Here’s Why
- ·How Much Are Surmodics, Inc. (NASDAQ:SRDX) Insiders Taking Off The Table?
- ·Notification of Major Holdings
- ·Popular Travel Apps Shared Detailed User Information With Facebook
- ·Implied Volatility Surging for Franklin Street (FSP) Stock Options
- ·‘Wonder Woman 1984’ Mid-Credits Scene Explained: Who is Asteria?
- ·Global Vision Care Market (2020 to 2025) - Featuring Alcon, Carl Zeiss and Hoya Among Others
- ·Houston's BoyarMiller Adds Estate, Probate Practice With Young, Graves & Burt Deal
- ·Can Applied Development Holdings Limited (HKG:519) Improve Its Returns?
- ·January 2019 Issue
- ·Best Tarot Cards Reading Online By Kasamba Tarot Readers Experts - How To get Free Love Tarot Readings Online
- ·Do Institutions Own South China Assets Holdings Limited (HKG:8155) Shares?
- ·Disney Infinity Expansion Includes More Marvel and Star Wars
- ·This Original Movie Is a Smash Hit for Netflix
- ·Halozyme Therapeutics, Inc. Just Recorded A 24% EPS Beat: Here's What Analysts Are Forecasting Next
- ·Best Games of 2018: Cultural Impact and Industry Shakeups
- ·China cuts crude oil import quotas with first batch of 2019 allowances
- ·FOREX-Dollar stabilizes vs yen, weakens against other major currencies
- ·Great Ajax (AJX) Misses Q4 Earnings and Revenue Estimates
- ·Is Park Lawn Corporation’s (TSE:PLC) High P/E Ratio A Problem For Investors?
- ·Geoffrey Starks, Brendan Carr Confirmed to New FCC Terms
- ·Liberty Broadband Corp (LBRDA) Q4 2018 Earnings Conference Call Transcript
- ·U.S. Dollar Index (DX) Futures Technical Analysis – Overtaking 97.470 Could Trigger Surge into 97.920
- ·BRIEF-Huawen Media Plans To Unload Hainan Real Estate Firm For 172.0 Million Yuan
- ·IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Beyond Meat, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- ·Does Zuoli Kechuang Micro-Finance Company Limited’s (HKG:6866) P/E Ratio Signal A Buying Opportunity?
- ·Plaintiffs Get Second Chance in Derivative Case Stemming From California Oil Spill
- ·Spent Too Much During the Holidays? 5 Steps to Recover
- ·The Bar Harbor Bankshares (NYSEMKT:BHB) Share Price Is Down 38% So Some Shareholders Are Getting Worried
- ·BRIEF-Wuxi New Hongtai Electrical Technology Scraps Asset Restructuring
- ·BRIEF-Jinhui Holdings Co Says Unit To Dispose Vessel To Poseidon Global Shipping Pte For $7.4 Mln
- ·Is Science Applications International Corporation’s (NYSE:SAIC) ROE Of 48% Impressive?
- ·Bank of Baroda rolls back charges after public outcry
- ·Do Insiders Own Lots Of Shares In PSL Limited (NSE:PSL)?