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Is Rayonier Advanced Materials (RYAM) a Great Value Stock Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
Rayonier Advanced Materials (RYAM - Free Report) is a stock many investors are watching right now. RYAM is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
RYAM is also sporting a PEG ratio of 0.43. 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. RYAM's industry currently sports an average PEG of 0.58. RYAM's PEG has been as high as 6.73 and as low as 0.37, with a median of 2.19, all within the past year.
Investors should also recognize that RYAM has a P/B ratio of 1.46. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.74. Within the past 52 weeks, RYAM's P/B has been as high as 3.83 and as low as 1.11, with a median of 1.42.
Finally, we should also recognize that RYAM has a P/CF ratio of 2.55. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 4.97. RYAM's P/CF has been as high as 8.07 and as low as 2.07, with a median of 2.65, all within the past year.
These are just a handful of the figures considered in Rayonier Advanced Materials'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 RYAM is an impressive value stock right now.
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Is Rayonier Advanced Materials (RYAM) a Great Value Stock Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. 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.
Rayonier Advanced Materials (RYAM - Free Report) is a stock many investors are watching right now. RYAM is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
RYAM is also sporting a PEG ratio of 0.43. 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. RYAM's industry currently sports an average PEG of 0.58. RYAM's PEG has been as high as 6.73 and as low as 0.37, with a median of 2.19, all within the past year.
Investors should also recognize that RYAM has a P/B ratio of 1.46. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.74. Within the past 52 weeks, RYAM's P/B has been as high as 3.83 and as low as 1.11, with a median of 1.42.
Finally, we should also recognize that RYAM has a P/CF ratio of 2.55. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 4.97. RYAM's P/CF has been as high as 8.07 and as low as 2.07, with a median of 2.65, all within the past year.
These are just a handful of the figures considered in Rayonier Advanced Materials'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 RYAM is an impressive value stock right now.