We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Alliance Resource Partners (ARLP) Could Be a Top Value Stock Pick
Read MoreHide Full Article
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Alliance Resource Partners, L.P. (ARLP - Free Report) .
Alliance Resourcein Focus
ARLP may be an interesting play thanks to its forward PE of 11.54, its P/S ratio of 0.83, and its decent dividend yield of 8.1%. These factors suggest that Alliance Resourceis a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ARLP has decent revenue metrics to back up its earnings.
But before you think that Alliance Resourceis just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For the current year earnings, the consensus has gone up by 1.34% in the past 30 days, thanks to 1 upward revision in the past one month compared to none lower.
This estimate strength is actually enough to push ARLP to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. So really, Alliance Resourceis looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why Alliance Resource Partners (ARLP) Could Be a Top Value Stock Pick
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Alliance Resource Partners, L.P. (ARLP - Free Report) .
Alliance Resourcein Focus
ARLP may be an interesting play thanks to its forward PE of 11.54, its P/S ratio of 0.83, and its decent dividend yield of 8.1%. These factors suggest that Alliance Resourceis a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ARLP has decent revenue metrics to back up its earnings.
Alliance Resource Partners, L.P. PE Ratio (TTM)
Alliance Resource Partners, L.P. PE Ratio (TTM) | Alliance Resource Partners, L.P. Quote
But before you think that Alliance Resourceis just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For the current year earnings, the consensus has gone up by 1.34% in the past 30 days, thanks to 1 upward revision in the past one month compared to none lower.
This estimate strength is actually enough to push ARLP to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. So really, Alliance Resourceis looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>