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Is Global Partners (GLP) Stock Undervalued Right Now?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Global Partners (GLP - Free Report) . GLP is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value.
Another valuation metric that we should highlight is GLP's P/B ratio of 2.20. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.78. Over the past 12 months, GLP's P/B has been as high as 2.28 and as low as 1.51, with a median of 1.70.
Finally, we should also recognize that GLP has a P/CF ratio of 5.42. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. GLP's current P/CF looks attractive when compared to its industry's average P/CF of 6.81. Over the past 52 weeks, GLP's P/CF has been as high as 5.61 and as low as 2.11, with a median of 3.01.
If you're looking for another solid Oil and Gas - Refining and Marketing - Master Limited Partnerships value stock, take a look at NGL Energy Partners (NGL - Free Report) . NGL is a # 1 (Strong Buy) stock with a Value score of A.
Furthermore, NGL Energy Partners holds a P/B ratio of 1.55 and its industry's price-to-book ratio is 3.78. NGL's P/B has been as high as 1.58, as low as 0.33, with a median of 1.14 over the past 12 months.
Value investors will likely look at more than just these metrics, but the above data helps show that Global Partners and NGL Energy Partners are likely undervalued currently. And when considering the strength of its earnings outlook, GLP and NGL sticks out as one of the market's strongest value stocks.
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Is Global Partners (GLP) Stock Undervalued Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Global Partners (GLP - Free Report) . GLP is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value.
Another valuation metric that we should highlight is GLP's P/B ratio of 2.20. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.78. Over the past 12 months, GLP's P/B has been as high as 2.28 and as low as 1.51, with a median of 1.70.
Finally, we should also recognize that GLP has a P/CF ratio of 5.42. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. GLP's current P/CF looks attractive when compared to its industry's average P/CF of 6.81. Over the past 52 weeks, GLP's P/CF has been as high as 5.61 and as low as 2.11, with a median of 3.01.
If you're looking for another solid Oil and Gas - Refining and Marketing - Master Limited Partnerships value stock, take a look at NGL Energy Partners (NGL - Free Report) . NGL is a # 1 (Strong Buy) stock with a Value score of A.
Furthermore, NGL Energy Partners holds a P/B ratio of 1.55 and its industry's price-to-book ratio is 3.78. NGL's P/B has been as high as 1.58, as low as 0.33, with a median of 1.14 over the past 12 months.
Value investors will likely look at more than just these metrics, but the above data helps show that Global Partners and NGL Energy Partners are likely undervalued currently. And when considering the strength of its earnings outlook, GLP and NGL sticks out as one of the market's strongest value stocks.