Singapore markets closed
  • Straits Times Index

    3,187.39
    -7.65 (-0.24%)
     
  • S&P 500

    3,941.48
    -32.27 (-0.81%)
     
  • Dow

    31,928.62
    +48.38 (+0.15%)
     
  • Nasdaq

    11,264.45
    -270.83 (-2.35%)
     
  • BTC-USD

    29,727.15
    +427.73 (+1.46%)
     
  • CMC Crypto 200

    661.62
    +5.79 (+0.88%)
     
  • FTSE 100

    7,504.67
    +20.32 (+0.27%)
     
  • Gold

    1,855.70
    -9.70 (-0.52%)
     
  • Crude Oil

    110.84
    +1.07 (+0.97%)
     
  • 10-Yr Bond

    2.7600
    0.0000 (0.00%)
     
  • Nikkei

    26,677.80
    -70.34 (-0.26%)
     
  • Hang Seng

    20,171.27
    +59.17 (+0.29%)
     
  • FTSE Bursa Malaysia

    1,535.56
    +4.26 (+0.28%)
     
  • Jakarta Composite Index

    6,883.50
    -30.64 (-0.44%)
     
  • PSE Index

    6,597.76
    +20.31 (+0.31%)
     

Is SunCoke Energy (SXC) a Great Value Stock Right Now?

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

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.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One company to watch right now is SunCoke Energy (SXC). SXC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.

Investors should also recognize that SXC has a P/B ratio of 1.03. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.82. Over the past 12 months, SXC's P/B has been as high as 1.31 and as low as 0.69, with a median of 1.09.

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 popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. SXC has a P/S ratio of 0.38. This compares to its industry's average P/S of 0.89.

These are only a few of the key metrics included in SunCoke Energy's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, SXC looks like an impressive value stock at the moment.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
SunCoke Energy, Inc. (SXC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting