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Is Gran Tierra Energy (GTE) a Great Value Stock Right Now?
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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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Gran Tierra Energy (GTE - Free Report) . GTE is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 8.46, which compares to its industry's average of 12.48. Over the last 12 months, GTE's Forward P/E has been as high as 15.16 and as low as 6.03, with a median of 10.78.
We should also highlight that GTE has a P/B ratio of 0.50. 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 stock's P/B looks solid versus its industry's average P/B of 0.91. Within the past 52 weeks, GTE's P/B has been as high as 1.53 and as low as 0.44, with a median of 0.86.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. GTE has a P/S ratio of 0.81. This compares to its industry's average P/S of 0.84.
Finally, investors should note that GTE has a P/CF ratio of 1.70. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 3. Over the past year, GTE's P/CF has been as high as 9.14 and as low as 1.50, with a median of 2.94.
These are just a handful of the figures considered in Gran Tierra Energy'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 GTE is an impressive value stock right now.
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Is Gran Tierra Energy (GTE) a Great Value Stock Right Now?
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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Gran Tierra Energy (GTE - Free Report) . GTE is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 8.46, which compares to its industry's average of 12.48. Over the last 12 months, GTE's Forward P/E has been as high as 15.16 and as low as 6.03, with a median of 10.78.
We should also highlight that GTE has a P/B ratio of 0.50. 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 stock's P/B looks solid versus its industry's average P/B of 0.91. Within the past 52 weeks, GTE's P/B has been as high as 1.53 and as low as 0.44, with a median of 0.86.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. GTE has a P/S ratio of 0.81. This compares to its industry's average P/S of 0.84.
Finally, investors should note that GTE has a P/CF ratio of 1.70. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 3. Over the past year, GTE's P/CF has been as high as 9.14 and as low as 1.50, with a median of 2.94.
These are just a handful of the figures considered in Gran Tierra Energy'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 GTE is an impressive value stock right now.