Yahoo Finance Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
ONE Gas (OGS)
Headquartered in Tulsa, OK, ONE Gas, Inc. is a 100% regulated natural gas distribution utility. The company provides natural gas distribution services to more than 2.3 million customers in Oklahoma, Kansas and Texas. The company has been registering an increase in average customer count in these three states since 2014. As of Dec 31, 2022, it operated 44,500 miles of natural gas distribution and transmission pipelines.
OGS sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Utility - Gas Distribution industry's P/E of 16.2X, shares of ONE Gas are trading at a forward P/E of 19.7X. OGS also has a PEG Ratio of 3.9, a Price/Cash Flow ratio of 9.8X, and a Price/Sales ratio of 1.7X.
Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.00 to $4.13 per share. OGS has an average earnings surprise of 1.1%.
OGS should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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ONE Gas, Inc. (OGS) : Free Stock Analysis Report
