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Are Investors Undervaluing Alpha Metallurgical Resources (AMR) Right Now?
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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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Alpha Metallurgical Resources (AMR - Free Report) . AMR is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 4.44 right now. For comparison, its industry sports an average P/E of 11.04. Over the last 12 months, AMR's Forward P/E has been as high as 5.84 and as low as 1.75, with a median of 2.79.
Another valuation metric that we should highlight is AMR's P/B ratio of 2.01. The P/B ratio is used to compare a stock's market value with 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 3.70. Over the past 12 months, AMR's P/B has been as high as 4.60 and as low as 1.53, with a median of 2.10.
Another great Mining - Miscellaneous stock you could consider is Teck Resources (TECK - Free Report) , which is a # 2 (Buy) stock with a Value Score of A.
Teck Resources is trading at a forward earnings multiple of 10.18 at the moment, with a PEG ratio of 1.71. This compares to its industry's average P/E of 11.04 and average PEG ratio of 2.08.
TECK's Forward P/E has been as high as 10.34 and as low as 4.16, with a median of 6.50. During the same time period, its PEG ratio has been as high as 5.32, as low as 0.11, with a median of 1.45.
Additionally, Teck Resources has a P/B ratio of 1.11 while its industry's price-to-book ratio sits at 3.70. For TECK, this valuation metric has been as high as 1.23, as low as 0.65, with a median of 0.95 over the past year.
These are just a handful of the figures considered in Alpha Metallurgical Resources and Teck Resources'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 AMR and TECK is an impressive value stock right now.
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Are Investors Undervaluing Alpha Metallurgical Resources (AMR) Right Now?
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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Alpha Metallurgical Resources (AMR - Free Report) . AMR is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 4.44 right now. For comparison, its industry sports an average P/E of 11.04. Over the last 12 months, AMR's Forward P/E has been as high as 5.84 and as low as 1.75, with a median of 2.79.
Another valuation metric that we should highlight is AMR's P/B ratio of 2.01. The P/B ratio is used to compare a stock's market value with 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 3.70. Over the past 12 months, AMR's P/B has been as high as 4.60 and as low as 1.53, with a median of 2.10.
Another great Mining - Miscellaneous stock you could consider is Teck Resources (TECK - Free Report) , which is a # 2 (Buy) stock with a Value Score of A.
Teck Resources is trading at a forward earnings multiple of 10.18 at the moment, with a PEG ratio of 1.71. This compares to its industry's average P/E of 11.04 and average PEG ratio of 2.08.
TECK's Forward P/E has been as high as 10.34 and as low as 4.16, with a median of 6.50. During the same time period, its PEG ratio has been as high as 5.32, as low as 0.11, with a median of 1.45.
Additionally, Teck Resources has a P/B ratio of 1.11 while its industry's price-to-book ratio sits at 3.70. For TECK, this valuation metric has been as high as 1.23, as low as 0.65, with a median of 0.95 over the past year.
These are just a handful of the figures considered in Alpha Metallurgical Resources and Teck Resources'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 AMR and TECK is an impressive value stock right now.