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JMPLY or AVNT: Which Is the Better Value Stock Right Now?
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Investors looking for stocks in the Chemical - Diversified sector might want to consider either Johnson Matthey PLC (JMPLY - Free Report) or Avient (AVNT - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Johnson Matthey PLC and Avient are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. Investors should feel comfortable knowing that JMPLY likely has seen a stronger improvement to its earnings outlook than AVNT has recently. But this is only part of the picture for value investors.
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.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
JMPLY currently has a forward P/E ratio of 11.69, while AVNT has a forward P/E of 14.64. We also note that JMPLY has a PEG ratio of 2.19. 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. AVNT currently has a PEG ratio of 6.39.
Another notable valuation metric for JMPLY is its P/B ratio of 1.19. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, AVNT has a P/B of 1.47.
Based on these metrics and many more, JMPLY holds a Value grade of A, while AVNT has a Value grade of C.
JMPLY sticks out from AVNT in both our Zacks Rank and Style Scores models, so value investors will likely feel that JMPLY is the better option right now.
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JMPLY or AVNT: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Chemical - Diversified sector might want to consider either Johnson Matthey PLC (JMPLY - Free Report) or Avient (AVNT - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Johnson Matthey PLC and Avient are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. Investors should feel comfortable knowing that JMPLY likely has seen a stronger improvement to its earnings outlook than AVNT has recently. But this is only part of the picture for value investors.
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.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
JMPLY currently has a forward P/E ratio of 11.69, while AVNT has a forward P/E of 14.64. We also note that JMPLY has a PEG ratio of 2.19. 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. AVNT currently has a PEG ratio of 6.39.
Another notable valuation metric for JMPLY is its P/B ratio of 1.19. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, AVNT has a P/B of 1.47.
Based on these metrics and many more, JMPLY holds a Value grade of A, while AVNT has a Value grade of C.
JMPLY sticks out from AVNT in both our Zacks Rank and Style Scores models, so value investors will likely feel that JMPLY is the better option right now.