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; Hallador Energy Company (HNRG - Free Report) .
Hallador Energy in Focus
HNRG may be an interesting play thanks to its forward PE of 13.4, its P/S ratio of 0.95, and its decent dividend yield of 1.79%. These factors suggest that Hallador Energy is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that HNRG has decent revenue metrics to back up its earnings.
HALLADOR ENERGY PE Ratio (TTM)
But before you think that Hallador Energy 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 11.7% in the past 30 days, thanks to 1 upward revisions in the past month compared to none lower.
This estimate strength is actually enough to push HNRG to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Hallador Energy 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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