Core Insights - Value investing remains a preferred strategy for identifying strong stocks across various market conditions [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the Value category [3] - Apple Hospitality REIT (APLE) and Clipper Realty (CLPR) are highlighted as strong value stocks currently [4][8] Company Analysis: Apple Hospitality REIT (APLE) - APLE has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential [4] - The stock's P/E ratio is 7.86, significantly lower than the industry average of 15.47 [4] - APLE's Forward P/E has fluctuated between 6.69 and 10.85 over the past 12 months, with a median of 8.84 [4] - The P/B ratio stands at 0.87, compared to the industry's average of 1.77, indicating solid valuation [5] - Over the past year, APLE's P/B has ranged from 0.79 to 1.19, with a median of 1.05 [5] - The P/S ratio is 1.92, well below the industry's average of 3.8, suggesting undervaluation [6] - APLE's P/CF ratio is 7.37, compared to the industry's average of 15.28, indicating attractive cash flow valuation [7] - The P/CF has varied from 6.68 to 9.97 over the past year, with a median of 8.68 [7] Company Analysis: Clipper Realty (CLPR) - CLPR also holds a Zacks Rank of 2 (Buy) and a Value Score of A, indicating strong value characteristics [8] - The P/B ratio for CLPR is -1.06, contrasting with the industry's price-to-book ratio of 1.77 [8] - Over the past 12 months, CLPR's P/B has ranged from -19.36 to -1.06, with a median of -4.95 [8] Conclusion - Both APLE and CLPR are identified as impressive value stocks, likely undervalued based on their financial metrics and earnings outlook [9]
Are Investors Undervaluing Apple Hospitality REIT (APLE) Right Now?