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Should Value Investors Buy Brookfield Renewable (BEPC) Stock?
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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 use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Brookfield Renewable (BEPC - Free Report) is a stock many investors are watching right now. BEPC is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BEPC has a P/S ratio of 1. This compares to its industry's average P/S of 2.56.
Finally, investors will want to recognize that BEPC has a P/CF ratio of 10.56. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 12.32. BEPC's P/CF has been as high as 226.51 and as low as 4.68, with a median of 8.17, all within the past year.
Montauk Renewables (MNTK - Free Report) may be another strong Alternative Energy - Other stock to add to your shortlist. MNTK is a Zacks Rank of #2 (Buy) stock with a Value grade of A.
Montauk Renewables also has a P/B ratio of 1.22 compared to its industry's price-to-book ratio of 5.62. Over the past year, its P/B ratio has been as high as 3.34, as low as 0.97, with a median of 2.23.
These are just a handful of the figures considered in Brookfield Renewable and Montauk Renewables'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 BEPC and MNTK is an impressive value stock right now.
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Should Value Investors Buy Brookfield Renewable (BEPC) Stock?
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 use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Brookfield Renewable (BEPC - Free Report) is a stock many investors are watching right now. BEPC is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BEPC has a P/S ratio of 1. This compares to its industry's average P/S of 2.56.
Finally, investors will want to recognize that BEPC has a P/CF ratio of 10.56. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 12.32. BEPC's P/CF has been as high as 226.51 and as low as 4.68, with a median of 8.17, all within the past year.
Montauk Renewables (MNTK - Free Report) may be another strong Alternative Energy - Other stock to add to your shortlist. MNTK is a Zacks Rank of #2 (Buy) stock with a Value grade of A.
Montauk Renewables also has a P/B ratio of 1.22 compared to its industry's price-to-book ratio of 5.62. Over the past year, its P/B ratio has been as high as 3.34, as low as 0.97, with a median of 2.23.
These are just a handful of the figures considered in Brookfield Renewable and Montauk Renewables'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 BEPC and MNTK is an impressive value stock right now.