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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 company to watch right now is Chemours (CC - Free Report) . CC is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 7.78 right now. For comparison, its industry sports an average P/E of 11.75. Over the past year, CC's Forward P/E has been as high as 12.18 and as low as 6.94, with a median of 10.09.
CC is also sporting a PEG ratio of 0.26. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CC's industry has an average PEG of 0.53 right now. Over the last 12 months, CC's PEG has been as high as 0.45 and as low as 0.23, with a median of 0.33.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CC has a P/S ratio of 0.88. This compares to its industry's average P/S of 0.99.
Finally, investors should note that CC has a P/CF ratio of 8.79. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. CC's P/CF compares to its industry's average P/CF of 10.51. Over the past 52 weeks, CC's P/CF has been as high as 22.03 and as low as 7.22, with a median of 9.70.
These are just a handful of the figures considered in Chemours'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 CC is an impressive value stock right now.
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Should Value Investors Buy Chemours (CC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 company to watch right now is Chemours (CC - Free Report) . CC is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 7.78 right now. For comparison, its industry sports an average P/E of 11.75. Over the past year, CC's Forward P/E has been as high as 12.18 and as low as 6.94, with a median of 10.09.
CC is also sporting a PEG ratio of 0.26. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CC's industry has an average PEG of 0.53 right now. Over the last 12 months, CC's PEG has been as high as 0.45 and as low as 0.23, with a median of 0.33.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CC has a P/S ratio of 0.88. This compares to its industry's average P/S of 0.99.
Finally, investors should note that CC has a P/CF ratio of 8.79. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. CC's P/CF compares to its industry's average P/CF of 10.51. Over the past 52 weeks, CC's P/CF has been as high as 22.03 and as low as 7.22, with a median of 9.70.
These are just a handful of the figures considered in Chemours'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 CC is an impressive value stock right now.