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3 Stocks That Are Too Cheap to Ignore in 2023

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With rising recession concerns and the Fed expected to continue with its rate hikes, the stock market is projected to remain highly volatile in the near term. While the market has been suffering, this provides investors with an opportunity to buy fundamentally sound stocks Subaru (FUJHY), Overseas Shipholding Group (OSG), and Genie Energy (GNE) which are now trading at attractive valuations. Keep reading.


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Inflation declined in December 2022 for the sixth consecutive month after peaking in June at 9.1%. The Consumer Price Index (CPI) increased 6.5% year-over-year and declined 0.1% for the month. The Federal Reserve has been battling the price pressures with aggressive rate hikes and remains dedicated to achieving its 2% inflation target.

Money markets anticipate a rate peak of roughly 4.9%, followed by nearly a half-point rate drop by the end of 2023. However, many Fed officials have stated that rates will rise over 5%. Atlanta Fed President Raphael Bostic stated that the central bank should raise interest rates above 5% by early in the second quarter before remaining on hold for “a long time.”

Furthermore, the World Bank predicts that GDP in the United States will decrease to 0.5% in 2023, 1.9 percentage points lower than the prior prediction of 2.4%. In addition, the organization warned of a recession due to declining growth.

The market has been volatile amid the macro uncertainties and have led to several fundamentally sound stocks to trade at bargain prices. We think investors should consider adding fundamentally sound yet cheap stocks Subaru Corporation (FUJHY), Overseas Shipholding Group, Inc. (OSG), and Genie Energy Ltd. (GNE) to their portfolios in 2023.

Subaru Corporation (FUJHY)

Headquartered in Tokyo, Japan, FUJHY manufactures and sells automobiles and aerospace products in Japan, the rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive; Aerospace; and Others.

FUJHY’s forward EV/Sales of 0.14x is 88% lower than the industry average of 1.20x. Its forward Price/Sales multiple of 0.40 is 57.9% lower than the industry average of 0.94.

FUJHY’s EBITDA margin of 12.02% is 8.8% higher than the 11.05% industry average, while its Levered FCF margin of 3.52% is 168.4% higher than the industry average of 1.31%.

FUJHY’s revenues came in at ¥916.80 billion ($7.07 billion) for the second quarter ended September 30, 2022, up 29.8% year-over-year. Its net earnings increased 47.2% year-over-year to ¥190.96 billion ($1.47 billion). In addition, its profit increased 92.9% year-over-year to ¥50.65 billion ($0.39 billion).

FUJHY’s revenue is expected to increase 157.7% year-over-year to $30.09 billion in 2023. Its EPS is expected to grow 218% year-over-year to $1.13 in 2023. Over the past nine months, the stock has gained 6.8% to close the last trading session at $7.74.

FUJHY’s strong fundamentals are reflected in its POWR Ratings. The stock’s overall A rating indicates a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.

FUJHY has an A grade for Growth and Value and a B for Stability and Quality. In the Auto & Vehicle Manufacturers industry, it is ranked #6 out of 66 stocks. To see additional POWR Ratings for Sentiment and Momentum for FUJHY, click here .

Overseas Shipholding Group, Inc. (OSG)

OSG is the owner and operator of a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States flag trade. The company serves independent oil traders, refinery operators, and government entities.

On December 8, 2022, OSG announced that it had exercised options to extend its six bareboat charter agreements with American Shipping Company ASA for an additional three-year term commencing in December 2023.

“We believe the market continues to support attractive commercial opportunities for these vessel leases to supplement the strong and stable cash flow generation from our niche businesses,” said Sam Norton, OSG’s President, and CEO.

OSG’s trailing-12-month EV/Sales is 1.74x, 11.1% lower than the industry average of 1.96x. Its trailing-12-month Price/Sales multiple of 0.71 is 48.3% lower than the industry average of 1.38.

OSG’s trailing-12-month Levered FCF margin of 15.41% is 130.1% higher than the 6.70% industry average.

OSG’s shipping revenues came in at $123.06 million for the third quarter that ended September 30, 2022, up 31% year-over-year. Moreover, its net profit came in at $13.25 million, compared to a net loss of $16.01 million in the year-ago period. Moreover, its EPS came in at $0.15, compared to loss per share of $0.18 in the prior-year period.

Over the past year, the stock has gained 83% to close the last trading session at $3.55.

OSG’s overall A rating equates to a Strong Buy in our POWR Ratings system. It has an A grade for Momentum and Quality and a B for Growth and Value. It is ranked first among the 47 stocks in the A-rated Shipping industry.

Beyond what is stated above, we’ve also rated OSG for Stability and Sentiment. Get all the OSG ratings here.

Genie Energy Ltd. (GNE)

GNE supplies electricity and natural gas to residential and small business customers internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables.

On December 6, 2022, GNE’s Genie Solar subsidiary obtained notice to continue with its first company-owned community solar power project. Given the environmental benefits and economics driving community solar growth, GNE anticipates expanding to new sites in the coming months.

On November 30, 2022, the company acquired a portfolio of residential and small commercial customer contracts from Mega Energy. Backed by strong cash flow, this acquisition is expected to help GNE expand its footprint.

GNE’s trailing-12-month EV/ Sales of 0.59x is 85.7% lower than the industry average of 4.1x. Its trailing-12-month Price/Sales multiple of 0.81 compares with the industry average of 2.20.

GNE’s EBIT margin of 26.20% is 41.9% higher than the 18.46% industry average, while its ROCE of 43.19% is 369.1% higher than the industry average of 9.21%.

GNE’s gross profit came in at $43.14 million for the third quarter ended September 30, 2022, up 24.7% year-over-year. The company’s income from operations increased 34.8% year-over-year to $23.54 million, while its adjusted EBITDA increased 35.3% from the year-ago value to $24.50 million.

Over the past year, the stock has gained 103.4% to close the last trading session at $10.80.

It’s no surprise that GNE has an overall A rating, equating to a Strong Buy in our POWR Ratings system. It has an A grade for Value and a B for Growth and Momentum. GNE is ranked first among 66 stocks in the Utilities – Domestic industry. Click here to see the additional POWR Ratings for GNE (Stability, Quality, and Sentiment).


FUJHY shares were unchanged in premarket trading Wednesday. Year-to-date, FUJHY has gained 2.38%, versus a 4.01% rise in the benchmark S&P 500 index during the same period.


About the Author: RashmiKumari

Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master’s degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.

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10 Things Every Working Woman Should Do This Year

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Opinions expressed by Entrepreneur contributors are their own.

Self-care has become an all-encompassing term that has strayed from the importance of everyday commodities that keep us in good health and spirits. Though pampering and “treat yourself” moments still have value, here are ten ways to invest in yourself to produce long-lasting, positive results.

Related: 8 Self-Care Tips From Wildly Successful Entrepreneurs

1. Put money into a 401(k)

It’s never too early (or too late!) to start saving for the future. Depending on your employment status, there are different retirement savings accounts. 401(k)s are the most common since these are employer-sponsored and often come with an employer match. However, freelancers also have options, such as a SEP-IRA or a high-yield savings account, to put away extra, tax-free dollars for retirement.

2. Schedule a health checkup

Self-care first includes taking care of your physical health. It’s easy to discredit regular checkups when you’re feeling healthy, but make this the year to get your blood work done. It creates a baseline for your health to identify areas needing improvement or extra attention.

Also, choose areas in your life where you can make small changes. Improving your health doesn’t always mean a drastic overhaul; it may be as simple as drinking more water or adding an extra 30 minutes of exercise to your day.

Related: 3 Key Tips for Optimizing Your Physical Health as an Entrepreneur

3. Review health insurance benefits

Many people with health insurance aren’t sure exactly what it does and doesn’t cover. If you’re unsure, talk with your HR representative or your health insurance provider to get an overview of deductibles, co-payments and other supplemental benefits you may not be aware of. Then, decide if the health care plan makes sense for your current lifestyle.

Are you paying for benefits you don’t use, or do you need additional benefits that aren’t covered? Selecting the right plan will help ensure you have what you need without paying the extra expense for anything you don’t.

4. Ignite your curiosity

Maintaining healthy cognitive functions through new pursuits gives a boost to the brain. Get curious and find what speaks to you. This can be anything from exploring local museums, embarking on different hiking trails, learning a new language or reading more books.

There’s no limit to what you can do, and these activities can ignite more creativity and motivation in your work. While it may be helpful to look to others for inspiration, make them enjoyable so you’ll want to make them a regular occurrence.

5. Prioritize mental health

Mental health has been at the forefront of people’s lives over the past few years, as many have experienced burnout. We often equate productivity with a value that drives us to go beyond our means and leads to anxiety, stress and depression. Take note of your everyday stressors and see how to reduce or eliminate them. Then, replace them with relaxing outlets that allow you to recharge.

There are various ways to prioritize mental health, from practicing positive self-talk to meditation to scheduling an electronics-free day. You may have to try different solutions before you find one that fits.

Related: 5 Ways to Protect Your Mental Health as an Entrepreneur

6. Implement good sleep habits

Consistent sleep is one of the essential factors of good health but one that is often overlooked. For many, it can be challenging to wind down from the workday. Therefore, you must “train” your body to prepare for sleep by getting into a nighttime routine.

Create a sanctuary for yourself to improve your sleep habits. Enjoy a soothing cup of herbal tea, perform a skincare routine, and snuggle in with a good book rather than scrolling through your phone. Additionally, ensure your bedroom is dark and cool for ideal sleep comfort and turn on soothing sounds if it helps lull you to sleep.

7. Try something new

What have you wanted to try but have always held back? Maybe it’s public speaking or contributing to a blog. Whatever “new” has been on your to-do, make a plan, schedule it on your calendar and go for it. It’s common to hold back from these activities due to fear of the unknown or failure, but trying new things helps create confidence and can be the catalyst you need to push you to the next level.

8. Learn to set boundaries

Boundary setting is crucial to relationships yet can be difficult to master. It doesn’t always involve simply saying no to people’s requests. Instead, it requires protecting your own values when people violate them. Setting boundaries may mean spending less time with certain people, removing yourself from toxic situations, or declining invites to events that don’t improve your life. Explore areas where boundaries will help you grow, and keep in mind growth itself is a work in progress.

Related: How to Set Boundaries to Build Thriving Relationships

9. Spend quality time alone

Learning how to enjoy time spent alone is a valuable gift. We are inundated by a false sense of connection through the internet, which often makes us feel lonelier than ever. Then, we overschedule our calendars to make up for human connections, only to feel drained afterward. Slow it down and plan a few solo dates a month to see how it feels to be truly present with yourself.

For those who aren’t used to spending quality time alone, it can feel awkward and uncomfortable initially, but these stem from your own perceptions. Take in a matinee, sit in a coffee shop and read, or enjoy a concert or event you’ve wanted to attend. Alone time has been linked to improved stress management and greater life satisfaction, so it’s worth trying to give yourself more time.

Related: Turns Out, Those Who Like Being Alone Can Be More Creative

10. Get active

Getting active can take on several directions. It can be physical, emotional or spiritual. The point is to engage with people and pursuits that feed your soul. Whether volunteering within your community, setting yourself an exercise goal, or learning more about personal development, there are endless ways to get active and invest in yourself this year.

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Are You a Winner? How to Truly Define Winning in Your Business

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Businesses gauge their performance typically with dozens of goals and metrics. But you can’t do everything at once. The challenge is to get people focused on the one thing that’s most important right now. If it moved in the right direction, it would eliminate a weakness (or capitalize on an opportunity) and improve financial outcomes. You improve that, and you win.

However, not every company clearly defines winning. A catalog of goals can pull the organization in multiple directions and stretch finite resources. Numerous goals can inherently be at odds, working against each other and for conflicting purposes. For example, a cost reduction goal might undermine an innovation goal requiring a significant investment.

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Gen Z Is Making Ugg Boots Fashionable Again: Report

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Ugg boots, the furry, sheepskin boots that defined the 2000s are back, apparently, with spiking interest and Gen Z cachet, according to data from shopping website, Lyst.

The site’s annual quarterly report that highlights the “hottest” 20 fashion brands was released on Thursday, and, as Insider noted, Ugg is on it for the first time since the index began in 2017.

“Gen Z shoppers are breathing new life into once dormant brands … with over 1.2 billion mentions on TikTok — Ugg’s influence is undeniable,” the report notes.

The boots were also sold out of stores during the holidays, it added.

Generation Z, or people born between 1997 and 2012, has demonstrated a penchant for bringing back old technology and trends, from flip phones to “vintage” headphones with cords.

But Ugg boots go back much further — the word “ugg” is actually a general term in Australia that means boots made from sheepskin and fleece, according to the BBC.

The company that created the “UGG” boot, Deckers Outdoor Corporation, is based in the U.S. and has tried and failed to trademark the word in Australia (where a court decided it was a generic word and thus could not be trademarked), the outlet added.

The company says the boots began to gain popularity in California in the 1980s. They were first featured on Oprah’s Favorite Things in 2000 (a huge brand-maker back then) and became “cherished commodities” early in the decade, according to Vogue.

The boots later gained prominence again with a fashion movement that prioritized “ugly” clothes, and have since become an unironic Gen Z favorite, per Insider. Kylie Jenner was also spotted wearing them in November.

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