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SPXC or PLTR: Which Is the Better Value Stock Right Now?
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Investors interested in Technology Services stocks are likely familiar with SPX Technologies (SPXC - Free Report) and Palantir Technologies Inc. (PLTR - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive 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.
Right now, SPX Technologies is sporting a Zacks Rank of #2 (Buy), while Palantir Technologies Inc. has a Zacks Rank of #3 (Hold). This means that SPXC's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle 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.
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.
SPXC currently has a forward P/E ratio of 23.23, while PLTR has a forward P/E of 63.79. We also note that SPXC has a PEG ratio of 1.29. 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. PLTR currently has a PEG ratio of 2.44.
Another notable valuation metric for SPXC is its P/B ratio of 4.47. 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. For comparison, PLTR has a P/B of 12.96.
These are just a few of the metrics contributing to SPXC's Value grade of B and PLTR's Value grade of D.
SPXC stands above PLTR thanks to its solid earnings outlook, and based on these valuation figures, we also feel that SPXC is the superior value option right now.
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SPXC or PLTR: Which Is the Better Value Stock Right Now?
Investors interested in Technology Services stocks are likely familiar with SPX Technologies (SPXC - Free Report) and Palantir Technologies Inc. (PLTR - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive 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.
Right now, SPX Technologies is sporting a Zacks Rank of #2 (Buy), while Palantir Technologies Inc. has a Zacks Rank of #3 (Hold). This means that SPXC's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle 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.
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.
SPXC currently has a forward P/E ratio of 23.23, while PLTR has a forward P/E of 63.79. We also note that SPXC has a PEG ratio of 1.29. 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. PLTR currently has a PEG ratio of 2.44.
Another notable valuation metric for SPXC is its P/B ratio of 4.47. 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. For comparison, PLTR has a P/B of 12.96.
These are just a few of the metrics contributing to SPXC's Value grade of B and PLTR's Value grade of D.
SPXC stands above PLTR thanks to its solid earnings outlook, and based on these valuation figures, we also feel that SPXC is the superior value option right now.