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Should Value Investors Buy Transportadora De Gas Ord B (TGS) Stock?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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.
One company to watch right now is Transportadora De Gas Ord B (TGS - Free Report) . TGS is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 10.93 right now. For comparison, its industry sports an average P/E of 15.70. TGS's Forward P/E has been as high as 54.87 and as low as 10.93, with a median of 16.37, all within the past year.
We should also highlight that TGS has a P/B ratio of 1.49. The P/B ratio is used to compare a stock's market value with 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 1.90. Over the past 12 months, TGS's P/B has been as high as 1.90 and as low as 0.56, with a median of 1.03.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. TGS has a P/S ratio of 2.51. This compares to its industry's average P/S of 2.52.
Value investors will likely look at more than just these metrics, but the above data helps show that Transportadora De Gas Ord B is likely undervalued currently. And when considering the strength of its earnings outlook, TGS sticks out at as one of the market's strongest value stocks.
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Should Value Investors Buy Transportadora De Gas Ord B (TGS) Stock?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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.
One company to watch right now is Transportadora De Gas Ord B (TGS - Free Report) . TGS is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 10.93 right now. For comparison, its industry sports an average P/E of 15.70. TGS's Forward P/E has been as high as 54.87 and as low as 10.93, with a median of 16.37, all within the past year.
We should also highlight that TGS has a P/B ratio of 1.49. The P/B ratio is used to compare a stock's market value with 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 1.90. Over the past 12 months, TGS's P/B has been as high as 1.90 and as low as 0.56, with a median of 1.03.
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 prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. TGS has a P/S ratio of 2.51. This compares to its industry's average P/S of 2.52.
Value investors will likely look at more than just these metrics, but the above data helps show that Transportadora De Gas Ord B is likely undervalued currently. And when considering the strength of its earnings outlook, TGS sticks out at as one of the market's strongest value stocks.