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EQT vs. DEN: Which Stock Is the Better Value Option?
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Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both EQT Corporation (EQT - Free Report) and Denbury . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
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 proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, EQT Corporation is sporting a Zacks Rank of #2 (Buy), while Denbury has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that EQT likely has seen a stronger improvement to its earnings outlook than DEN has recently. However, value investors will care about much more than just this.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
EQT currently has a forward P/E ratio of 9.82, while DEN has a forward P/E of 13.76. We also note that EQT has a PEG ratio of 0.18. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. DEN currently has a PEG ratio of 0.65.
Another notable valuation metric for EQT is its P/B ratio of 1.61. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, DEN has a P/B of 3.16.
Based on these metrics and many more, EQT holds a Value grade of B, while DEN has a Value grade of C.
EQT stands above DEN thanks to its solid earnings outlook, and based on these valuation figures, we also feel that EQT is the superior value option right now.
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EQT vs. DEN: Which Stock Is the Better Value Option?
Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both EQT Corporation (EQT - Free Report) and Denbury . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
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 proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, EQT Corporation is sporting a Zacks Rank of #2 (Buy), while Denbury has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that EQT likely has seen a stronger improvement to its earnings outlook than DEN has recently. However, value investors will care about much more than just this.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
EQT currently has a forward P/E ratio of 9.82, while DEN has a forward P/E of 13.76. We also note that EQT has a PEG ratio of 0.18. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. DEN currently has a PEG ratio of 0.65.
Another notable valuation metric for EQT is its P/B ratio of 1.61. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, DEN has a P/B of 3.16.
Based on these metrics and many more, EQT holds a Value grade of B, while DEN has a Value grade of C.
EQT stands above DEN thanks to its solid earnings outlook, and based on these valuation figures, we also feel that EQT is the superior value option right now.