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IMPUY or WPM: Which Is the Better Value Stock Right Now?
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Investors looking for stocks in the Mining - Miscellaneous sector might want to consider either Impala Platinum Holdings Ltd. (IMPUY - Free Report) or Wheaton Precious Metals Corp. (WPM - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Impala Platinum Holdings Ltd. has a Zacks Rank of #2 (Buy), while Wheaton Precious Metals Corp. has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that IMPUY has an improving earnings outlook. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
IMPUY currently has a forward P/E ratio of 4.26, while WPM has a forward P/E of 31.36. We also note that IMPUY has a PEG ratio of 0.61. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. WPM currently has a PEG ratio of 6.27.
Another notable valuation metric for IMPUY is its P/B ratio of 2.56. 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. By comparison, WPM has a P/B of 3.65.
Based on these metrics and many more, IMPUY holds a Value grade of A, while WPM has a Value grade of D.
IMPUY has seen stronger estimate revision activity and sports more attractive valuation metrics than WPM, so it seems like value investors will conclude that IMPUY is the superior option right now.
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IMPUY or WPM: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Mining - Miscellaneous sector might want to consider either Impala Platinum Holdings Ltd. (IMPUY - Free Report) or Wheaton Precious Metals Corp. (WPM - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Impala Platinum Holdings Ltd. has a Zacks Rank of #2 (Buy), while Wheaton Precious Metals Corp. has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that IMPUY has an improving earnings outlook. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
IMPUY currently has a forward P/E ratio of 4.26, while WPM has a forward P/E of 31.36. We also note that IMPUY has a PEG ratio of 0.61. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. WPM currently has a PEG ratio of 6.27.
Another notable valuation metric for IMPUY is its P/B ratio of 2.56. 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. By comparison, WPM has a P/B of 3.65.
Based on these metrics and many more, IMPUY holds a Value grade of A, while WPM has a Value grade of D.
IMPUY has seen stronger estimate revision activity and sports more attractive valuation metrics than WPM, so it seems like value investors will conclude that IMPUY is the superior option right now.