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Should Value Investors Buy Reynolds Consumer Products (REYN) Stock?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Reynolds Consumer Products (REYN - Free Report) is a stock many investors are watching right now. REYN is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 14.15, while its industry has an average P/E of 15.39. Over the last 12 months, REYN's Forward P/E has been as high as 18.25 and as low as 13.14, with a median of 14.50.
We should also highlight that REYN has a P/B ratio of 2.23. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 2.86. Over the past 12 months, REYN's P/B has been as high as 3.31 and as low as 2.09, with a median of 2.34.
Value investors will likely look at more than just these metrics, but the above data helps show that Reynolds Consumer Products is likely undervalued currently. And when considering the strength of its earnings outlook, REYN sticks out as one of the market's strongest value stocks.
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Should Value Investors Buy Reynolds Consumer Products (REYN) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
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.
Reynolds Consumer Products (REYN - Free Report) is a stock many investors are watching right now. REYN is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 14.15, while its industry has an average P/E of 15.39. Over the last 12 months, REYN's Forward P/E has been as high as 18.25 and as low as 13.14, with a median of 14.50.
We should also highlight that REYN has a P/B ratio of 2.23. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 2.86. Over the past 12 months, REYN's P/B has been as high as 3.31 and as low as 2.09, with a median of 2.34.
Value investors will likely look at more than just these metrics, but the above data helps show that Reynolds Consumer Products is likely undervalued currently. And when considering the strength of its earnings outlook, REYN sticks out as one of the market's strongest value stocks.