At Zacks, we try to avoid labeling stocks as “cheap” or “expensive.” Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
With that said, low-priced stocks can still be attractive to investors as they present the chance to take a larger position in a company. When searching for these low-priced stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted 10 stocks that are currently trading for under $20 per share. All of these stocks sport a Zacks Rank #2 (Buy) or better at the moment, along with a variety of other positive factors that help these companies stand out.
Hewlett Packard Enterprise HPE
Prior Close: $14.17 USD
Hewlett-Packard split into HPE and HP Inc. HPQ in 2015. Today, HPE sells enterprise-level servers, storage, networking gear, and more. Last week, the firm saw its Q2 fiscal 2019 adjusted earnings jump 31% to reach $0.42 per share and easily top our Zacks Consensus Estimate. Prior to earnings, HP Enterprise announced it agreed to purchase supercomputing leader Cray CRAY. The deal is projected to help HPE compete on a bigger scale in the data-driven age and improve its position against rivals like IBM IBM. HP Enterprise is a Zacks Rank #2 (Buy) right now. HPE’s price/sales ratio of 0.64 marks a discount compared to its industry’s 1.83 average. The firm is also a dividend payer with a yield of 3.18% at the moment.
Marathon Oil Corporation MRO
Prior Close: $14.33 USD
Marathon Oil’s adjusted current quarter earnings are projected to jump 20% from the year-ago period, based on our Zacks Consensus Estimate. Investors should note that Marathon is coming off a 416.67% earnings beat last quarter. The company has also seen its earnings estimate revision activity move more heavily upward recently to help MRO earn a Zacks Rank #2 (Buy). The Houston, Texas-based oil giant’s price/sales ratio of 1.94 matches its industry’s average. The company currently pays an annualized dividend of 0.20 per share, with a 1.40% yield.
Vipshop Holdings Limited VIPS
Prior Close: $7.66 USD
The Guangzhou, China-based online discount retailer sells popular branded products, from the likes of Nike NKE and more regional-specific companies, throughout China. Vipshop’s first-quarter fiscal 2019 revenue popped 7.3% and its total active customer base expanded by 14%. Looking ahead, the company’s full-year 2019 EPS figure is projected to surge over 29% to reach $0.75 per share on the back of 3.7% revenue expansion. Peeking further ahead, VIPS’ adjusted 2020 earnings are projected to climb roughly 33% higher than our current year estimate in a sign of strong bottom-line growth. Shares of Vipshop have jumped over 38% this year and VISP is a Zacks Rank #2 (Buy) right now.
Asure Software Inc ASUR
Prior Close: $6.67 USD
Asure is a cloud computing firm that offers its business clients the chance to modernize everything from human capital management and time & attendance solutions to payroll and taxes. Shares of ASUR have popped over 27% this year. The Austin, Texas-based firm’s first quarter fiscal 2019 revenue jumped 39% to touch $26.8 million. Looking ahead, ASUR’s full-year revenue is projected to climb 18% to reach $105.1 million. Meanwhile, its adjusted fiscal 2019 earnings are projected to pop 5.5% to hit $0.58 per share, with 2020’s EPS figure expected to climb 23% above our 2019 estimate. Asure is currently a Zacks Rank #1 (Strong Buy) that rocks an “A” grade for Growth and a “B” for Value in our Style Scores system.
Ford Motor Company F
Prior Close: $9.78 USD
Ford stock has climbed 26% in 2019 to crush the S&P 500’s 11% and its industry’s 1% average. The historic auto giant is set to launch 40 electric offerings by 2022 in order to compete with the likes of Tesla TSLA and its international peers. F is also set to dive into the autonomous vehicle space and its longer-term earnings estimate revision activity has trended in the right direction recently to help it earn a Zacks Rank #2 (Buy). Ford’s current-quarter earnings are projected to surge by 22%. Furthermore, F is trading at a discount compared to its industry and has an impressive dividend yield of 6.14%.
Knowles Corporation KN
Prior Close: $15.89 USD
Knowles Corporation provides audio processing, advanced micro-acoustic, and precision device solutions geared toward IoT products, mobile devices, microphones, hearing aids, and more. KN shares have popped 19% in 2019 and the firm is trading at 16.7X forward 12-month Zacks Consensus EPS estimates, which marked a discount compared to its industry’s 18.1X average. Knowles’ adjusted full-year earnings are expected to climb 12.9% on 5.5% revenue growth. Plus, KN’s fiscal 2020 EPS figure is expected to jump 15% above our current-year estimate and its positive fiscal 2019 and 2020 earnings estimate revision activity helps Knowles earn a Zacks Rank #1 (Buy) right now.
Host Hotels & Resorts, Inc. HST
Prior Close: $18.88 USD
Host Hotels & Resorts is one of the largest lodging-based real estate investment trusts in the world and it owns upscale and luxury hotels from Miami to Honolulu. Shares of HST have popped 11.5% in 2019. On top of that, Host Hotels is trading far below its industry’s average forward P/E of 15.1X at 10.4X. Host Hotels & Resorts is also a dividend payer with a 4.2% yield and rocks a “B” grade for Value and an “A” for Momentum. HST has seen its fiscal 2019 and 2020 earnings estimate come up recently to help it earn a Zacks Rank #2 (Buy).
Hertz Global Holdings, Inc. HTZ
Prior Close: $15.17 USD
Hertz operates vehicle rental businesses throughout the world under the Hertz, Dollar, and Thrifty brands. The firm’s adjusted current-quarter earnings are projected to skyrocket 115% from a loss of $0.19 per share in the year-ago period to earnings of $0.03 per share. On top of that, HTZ is projected to see its full-year fiscal 2019 EPS figure soar 653% from a loss in fiscal 2018 to positive earnings of $0.94 per share in 2019. Better yet, company’s bottom line is expected to soar nearly 100% higher than our current-year estimate in 2020. HTZ is Ranks Rank #2 (Buy) that sports an overall “A” VGM score.
EXFO Inc. EXFO
Prior Close: $4.36 USD
EXFO offers test, monitoring, and analytics for fixed and mobile network operators, webscale companies and equipment manufacturers. EXFO’s adjusted current-quarter earnings are projected to skyrocket 600% from a small loss in the year-ago period to positive earnings of $0.05 per share. For the full year, the company’s adjusted EPS figure is expected to soar 133% on 9% revenue growth. EXFO is currently a Zacks Rank #1 (Strong Buy) and boasts “A” grades for Value and Growth. Plus, the firm’s price/sales ratio sits at 0.85, which marks a discount against to its industry’ 1.2 average.
Fly Leasing Limited FLY
Prior Close: $16.50 USD
FLY leases aircraft to airlines around the world, as its name might suggest. The firm ended last quarter with 103 aircraft and seven engines in its portfolio, split relatively evenly between Boeing BA and Airbus SE EADSY. The Dublin, Ireland-based company’s adjusted fiscal 2019 earnings are projected to soar over 36% from the year-ago period to reach $3.39 per share, on the back of 16.3% revenue expansion. FLY’s positive longer-term earnings estimate revision activity helps it earn a Zack Rank #1 (Strong Buy). Plus, the firm’s forward P/E of 4.2 rests well below its industry’s 9 average and its price/sales ratio sits at an industry-matching 1. Lastly, shares of FLY have skyrocketed over 55% in 2019.
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Fly Leasing Limited (FLY) : Free Stock Analysis Report
HP Inc. (HPQ) : Free Stock Analysis Report
Hewlett Packard Enterprise Company (HPE) : Free Stock Analysis Report
International Business Machines Corporation (IBM) : Free Stock Analysis Report
Hertz Global Holdings, Inc (HTZ) : Free Stock Analysis Report
Asure Software Inc (ASUR) : Free Stock Analysis Report
Vipshop Holdings Limited (VIPS) : Free Stock Analysis Report
EXFO Inc (EXFO) : Free Stock Analysis Report
Knowles Corporation (KN) : Free Stock Analysis Report
The Boeing Company (BA) : Free Stock Analysis Report
Airbus Group (EADSY) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Ford Motor Company (F) : Free Stock Analysis Report
Cray Inc (CRAY) : Free Stock Analysis Report
Marathon Oil Corporation (MRO) : Free Stock Analysis Report
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