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Tale of the Tape

Zacks Equity Research

Is CNX Coal Resources (CNXC) Stock A Great Combo of Value and Growth?
November 08, 2016

CNXC

Trades from $3

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; CNX Coal Resources LP (CNXC - Free Report) .

CNX Coal Resources in Focus

CNXC may be an interesting play thanks to its forward PE of 19.6, its P/S ratio of 0.9, and its decent dividend yield of 11.4%. These factors suggest that CNX Coal Resources is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that CNXC has decent revenue metrics to back up its earnings.

CNX COAL RESRCS PS Ratio (TTM)
 

CNX COAL RESRCS PS Ratio (TTM) | CNX COAL RESRCS Quote

But before you think that CNX Coal Resources is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 8.2% in the past 30 days, thanks to 4 upward revisions in the past one month compared to no downward revisions.

This estimate strength is actually enough to push CNXC to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, CNX Coal Resources is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

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