Should Value Investors Buy Oil States International (OIS) Stock?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.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 company to watch right now is Oil States International (OIS). OIS is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 10.06, while its industry has an average P/E of 13.68. Over the past 52 weeks, OIS's Forward P/E has been as high as 28.91 and as low as 7.03, with a median of 11.77. Investors should also recognize that OIS has a P/B ratio of 0.49. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. OIS's current P/B looks attractive when compared to its industry's average P/B of 1.00. Within the past 52 weeks, OIS's P/B has been as high as 0.53 and as low as 0.29, with a median of 0.47.Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. OIS has a P/S ratio of 0.51. This compares to its industry's average P/S of 0.78.Finally, we should also recognize that OIS has a P/CF ratio of 5.75. 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. OIS's P/CF compares to its industry's average P/CF of 6.84. Over the past 52 weeks, OIS's P/CF has been as high as 9.28 and as low as 3.98, with a median of 6.58.These are only a few of the key metrics included in Oil States International'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, OIS looks like an impressive value stock at the moment.3 Stocks Poised to Lead the AI Software RaceThe software market is expected to witness a remarkable growth trajectory worldwide. Advancements in AI, increased demand for cybersecurity, and the rapid expansion of automation and robotics is offering investors an opportunity to unlock significant growth right now.Which software stocks will soar? Which will fizzle out? Find out in our urgent special report, Software is Eating the World. It examines where the software industry stands now and reveals three favorite software stocks to ownAccess the report free today >>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 Oil States International, Inc. (OIS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
Quelle: Zacks