Core Insights - The article emphasizes the importance of a proven ranking system that focuses on earnings estimates and revisions to identify winning stocks [1] - Value investing is highlighted as a popular and successful strategy across various market conditions, relying on fundamental analysis and traditional valuation metrics [2] - The Zacks Rank and Style Scores system are tools for investors to identify high-quality value stocks, particularly those with high Zacks Ranks and "A" grades for Value [3] Company Analysis: Enova International (ENVA) - Enova International is currently rated 1 (Strong Buy) by Zacks and has an "A" grade for Value, indicating strong investor interest [4] - The stock has a Forward P/E ratio of 8.03, which is lower than the industry average of 8.92, suggesting potential undervaluation [4] - Over the past 12 months, ENVA's Forward P/E has fluctuated between a high of 10.85 and a low of 6.47, with a median of 8.42 [4] - The P/S ratio for ENVA is 0.97, compared to the industry's average P/S of 1.33, further indicating that the stock may be undervalued [5] - Overall, the metrics suggest that Enova International is likely undervalued and stands out as one of the strongest value stocks in the market based on its earnings outlook [6]
Should Value Investors Buy Enova International (ENVA) Stock?