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Should Value Investors Buy Global Partners LP (GLP) 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.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Global Partners LP (GLP - Free Report) . GLP is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 18.17, which compares to its industry's average of 20.69. Over the past 52 weeks, GLP's Forward P/E has been as high as 35.90 and as low as 12.23, with a median of 26.13.
Investors should also recognize that GLP has a P/B ratio of 1.47. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. GLP's current P/B looks attractive when compared to its industry's average P/B of 1.79. Over the past year, GLP's P/B has been as high as 1.64 and as low as 1.19, with a median of 1.45.
Finally, investors will want to recognize that GLP has a P/CF ratio of 3. 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. GLP's P/CF compares to its industry's average P/CF of 8.70. Over the past year, GLP's P/CF has been as high as 7.14 and as low as 2.50, with a median of 3.16.
Value investors will likely look at more than just these metrics, but the above data helps show that Global Partners LP is likely undervalued currently. And when considering the strength of its earnings outlook, GLP sticks out at as one of the market's strongest value stocks.
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Should Value Investors Buy Global Partners LP (GLP) 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.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Global Partners LP (GLP - Free Report) . GLP is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 18.17, which compares to its industry's average of 20.69. Over the past 52 weeks, GLP's Forward P/E has been as high as 35.90 and as low as 12.23, with a median of 26.13.
Investors should also recognize that GLP has a P/B ratio of 1.47. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. GLP's current P/B looks attractive when compared to its industry's average P/B of 1.79. Over the past year, GLP's P/B has been as high as 1.64 and as low as 1.19, with a median of 1.45.
Finally, investors will want to recognize that GLP has a P/CF ratio of 3. 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. GLP's P/CF compares to its industry's average P/CF of 8.70. Over the past year, GLP's P/CF has been as high as 7.14 and as low as 2.50, with a median of 3.16.
Value investors will likely look at more than just these metrics, but the above data helps show that Global Partners LP is likely undervalued currently. And when considering the strength of its earnings outlook, GLP sticks out at as one of the market's strongest value stocks.