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Tag: undervalued stocks

Are there stocks with P/E less than 1 now?

Stocks with a very low P/E

Value investing suggests that a low P/E is a first indication that a stock may be undervalued, so choosing stocks with a low P/E ratio is a good start to add them to your list of stocks to buy, stocks to buy today with further due diligence. Are there stocks with very low P/E, for example, stocks with a P/E of less than 1? For investing and trading purposes, the answer is yes.

Stocks to invest in

A stock screener can provide a lot of stocks to invest in. So we run a stock screener about stocks today and we found the following stock with a PE Ratio (TTM) of only 0.08.

iHeartMedia, Inc. (IHRT): stock price at the close on May 1, 2020:6.74-0.28 (-3.99%).

iHeartMedia, Inc. (IHRT) stock has a 52 Week Range 0f 4.31 – 19.69. Some key facts about this stock are:

EPS (TTM): 89.62

Market Cap: 450.295M

Avg. Volume: 712,898

Sector: Communication Services
Industry: Broadcasting

iHeartMedia, Inc. (IHRT) stock chart

iHeartMedia, Inc. (IHRT) stock chart
iHeartMedia, Inc. (IHRT) stock chart

Looking only at stock prices is not enough for investing or trading. A trend analysis for this stock shows that net income for the fiscal years 2018, 20217 and 2016 was -201,910, -393,891, -296,318 respectively. But TTM net income is positive at 100,701 (All numbers in thousands).

Stock market data: Yahoo finance

How to Screen for Highly Ranked Undervalued Stocks

Stocks to buy

Undervalued stocks are stocks to buy as thein intrinsic value is more than their stock market value. If there is a large difference between the intrinsic stock price and the stock quote or stock price publicly traded then undervalued stocks are a good choice among stocks. There is always the risk in investing and trading, but fundamental anlaysis is very important as studying only the stock market chart or stock market graph does not reveal any important financial metrics.

Stocks to invest in

Undervalued stocks can be penny stocks. Here is an interesting article about stocks to buy, stocks to invest in. Do not look simply at the stock prices, but read more about stock market news related to these stocks.

5 Highly Ranked Undervalued Stocks for Your Short List

  1. Citigroup C is a Zacks Rank #2 (Buy). This big, international bank is cheap with a forward P/E of just 8.9. It has a PEG ratio of 0.8, which indicates it has both value and growth. It also pays a dividend, yielding 2.6%.
  2. Copa Holdings CPA is a passenger airline serving Latin America with its big hub in Panama. It has an Industry Rank of 34, which is the top 13% of all industries. It’s trading with a forward P/E of just 10.5.
  3. LPL Financial Holdings LPLA operates a financial advisory and brokerage business. Shares are still attractively valued with a forward P/E of just 12. It also has growth with a PEG ratio of just 0.8. Investors get a dividend, currently yielding 1.1%.
  4. SYNNEX SNX announced on Jan 9 that it would split into 2 companies: Concentrix and SYNNEX. It’s a Zacks Rank #1 (Strong Buy). It’s been cheap for some time, and currently has a forward P/E of just 10.
  5. Foot Locker FL is one of the cheap retailers, on a valuation basis. It trades with a forward P/E of just 7.8. It’s industry, apparel and shoes, ranks 94 out of 255, or in the top 37% of all industries. Investors are rewarded with a dividend, currently yielding 3.9%.

Source: , Zacks