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Are Investors Undervaluing Tecnoglass (TGLS) Right Now?
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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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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 Tecnoglass (TGLS - Free Report) . TGLS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 13.07 right now. For comparison, its industry sports an average P/E of 19.90. TGLS's Forward P/E has been as high as 17.76 and as low as 11.21, with a median of 13.85, all within the past year.
Investors will also notice that TGLS has a PEG ratio of 0.65. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TGLS's industry currently sports an average PEG of 1.47. Over the last 12 months, TGLS's PEG has been as high as 0.89 and as low as 0.56, with a median of 0.69.
Finally, investors will want to recognize that TGLS has a P/CF ratio of 9.18. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 16.02. Over the past year, TGLS's P/CF has been as high as 22.86 and as low as 7.70, with a median of 9.08.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Tecnoglass is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, TGLS feels like a great value stock at the moment.
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Are Investors Undervaluing Tecnoglass (TGLS) Right Now?
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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. 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 Tecnoglass (TGLS - Free Report) . TGLS is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 13.07 right now. For comparison, its industry sports an average P/E of 19.90. TGLS's Forward P/E has been as high as 17.76 and as low as 11.21, with a median of 13.85, all within the past year.
Investors will also notice that TGLS has a PEG ratio of 0.65. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TGLS's industry currently sports an average PEG of 1.47. Over the last 12 months, TGLS's PEG has been as high as 0.89 and as low as 0.56, with a median of 0.69.
Finally, investors will want to recognize that TGLS has a P/CF ratio of 9.18. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 16.02. Over the past year, TGLS's P/CF has been as high as 22.86 and as low as 7.70, with a median of 9.08.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Tecnoglass is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, TGLS feels like a great value stock at the moment.