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Is SunCoke Energy (SXC) Stock Undervalued Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is SunCoke Energy (SXC - Free Report) . SXC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A.
Another notable valuation metric for SXC is its P/B ratio of 1.02. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.36. Within the past 52 weeks, SXC's P/B has been as high as 1.39 and as low as 0.74, with a median of 1.08.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. SXC has a P/S ratio of 0.48. This compares to its industry's average P/S of 0.57.
Finally, our model also underscores that SXC has a P/CF ratio of 2.43. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 2.85. SXC's P/CF has been as high as 3.59 and as low as 1.75, with a median of 2.68, all within the past year.
These are just a handful of the figures considered in SunCoke Energy's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SXC is an impressive value stock right now.
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Is SunCoke Energy (SXC) Stock Undervalued Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is SunCoke Energy (SXC - Free Report) . SXC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A.
Another notable valuation metric for SXC is its P/B ratio of 1.02. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.36. Within the past 52 weeks, SXC's P/B has been as high as 1.39 and as low as 0.74, with a median of 1.08.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. SXC has a P/S ratio of 0.48. This compares to its industry's average P/S of 0.57.
Finally, our model also underscores that SXC has a P/CF ratio of 2.43. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 2.85. SXC's P/CF has been as high as 3.59 and as low as 1.75, with a median of 2.68, all within the past year.
These are just a handful of the figures considered in SunCoke Energy's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SXC is an impressive value stock right now.