Should Value Investors Buy OFG Bancorp (OFG) Stock?

Company Overview - OFG Bancorp (OFG) currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential for investors [4] - The stock has a Forward P/E ratio of 10.32, which is lower than the industry average of 11.05, suggesting it may be undervalued [4] - Over the past year, OFG's Forward P/E has fluctuated between a high of 11.82 and a low of 8.71, with a median of 9.84 [4] Financial Metrics - OFG has a P/CF ratio of 9.04, significantly lower than the industry's average P/CF of 24.79, indicating a favorable valuation based on cash flow [5] - The P/CF ratio for OFG has ranged from a high of 10.28 to a low of 7.60 over the past 52 weeks, with a median of 8.78 [5] - These metrics contribute to OFG's strong Value grade, suggesting that the stock is likely undervalued at present [6] Investment Outlook - Considering the strength of OFG's earnings outlook, it is positioned as an impressive value stock currently [6]