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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.
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.
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 stock to keep an eye on is Rayonier Advanced Materials (RYAM - Free Report) . RYAM is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 8.17, while its industry has an average P/E of 9.73. Over the past 52 weeks, RYAM's Forward P/E has been as high as 33.63 and as low as 7.98, with a median of 11.57.
We should also highlight that RYAM has a P/B ratio of 1.24. 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 1.97. RYAM's P/B has been as high as 3.83 and as low as 1.11, with a median of 1.49, over the past year.
Finally, investors should note that RYAM has a P/CF ratio of 2.38. 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. RYAM's P/CF compares to its industry's average P/CF of 5.81. Over the past 52 weeks, RYAM's P/CF has been as high as 8.07 and as low as 2.22, with a median of 2.88.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Rayonier Advanced Materials is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, RYAM feels like a great value stock at the moment.
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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.
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.
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 stock to keep an eye on is Rayonier Advanced Materials (RYAM - Free Report) . RYAM is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 8.17, while its industry has an average P/E of 9.73. Over the past 52 weeks, RYAM's Forward P/E has been as high as 33.63 and as low as 7.98, with a median of 11.57.
We should also highlight that RYAM has a P/B ratio of 1.24. 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 1.97. RYAM's P/B has been as high as 3.83 and as low as 1.11, with a median of 1.49, over the past year.
Finally, investors should note that RYAM has a P/CF ratio of 2.38. 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. RYAM's P/CF compares to its industry's average P/CF of 5.81. Over the past 52 weeks, RYAM's P/CF has been as high as 8.07 and as low as 2.22, with a median of 2.88.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Rayonier Advanced Materials is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, RYAM feels like a great value stock at the moment.