U.S. Markets closed
  • S&P 500

    4,544.90
    -4.88 (-0.11%)
     
  • Dow 30

    35,677.02
    +73.94 (+0.21%)
     
  • Nasdaq

    15,090.20
    -125.50 (-0.82%)
     
  • Russell 2000

    2,291.27
    -4.91 (-0.21%)
     
  • Gold

    1,793.10
    +11.20 (+0.63%)
     
  • EUR/USD

    1.1648
    +0.0018 (+0.1514%)
     
  • 10-Yr Bond

    1.6550
    -0.0210 (-1.25%)
     
  • Vix

    15.43
    +0.42 (+2.80%)
     
  • GBP/USD

    1.3759
    -0.0036 (-0.2628%)
     
  • USD/JPY

    113.4600
    -0.5280 (-0.4632%)
     
  • BTC-USD

    60,627.50
    -1,881.30 (-3.01%)
     
  • CMC Crypto 200

    1,453.34
    -49.70 (-3.31%)
     
  • FTSE 100

    7,204.55
    +14.25 (+0.20%)
     
  • Nikkei 225

    28,804.85
    +96.25 (+0.34%)
     

This Trio Is Trading Below the Peter Lynch Earnings Line

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

Value investors may want to have a look at the following stocks, as they are trading below the Peter Lynch earnings line, enhancing the likelihood of a value buy.

These stocks have also received positive recommendation ratings from analysts on Wall Street.

Hess Midstream LP

The first stock to consider is Hess Midstream LP (NYSE:HESM), a Houston, Texas-based crude oil and natural gas midstream operator with assets in Texas, North Dakota and Minnesota.


The below chart shows that the stock price ($18.15 per share as of July 15) stands below the Peter Lynch earnings line ($19.05 as of March 28) for a margin of safety of nearly 5%.

The stock price has decreased by almost 12% over the past year through Wednesday for a market capitalization of $327.21 million and a 52-week range of $5.70 to $25.66.

Wall street analysts predict the stock will gain about 9% within a year, as the average target price is $19.80 per share. The stock holds a buy recommendation rating.

GuruFocus has assigned a score of 3 out of 10 to the financial strength of the company and 8 out of 10 to the profitability.

The company's top fund holder is Invesco Ltd. with 0.89% of shares outstanding, followed by KAYNE ANDERSON CAPITAL ADVISORS LP with 0.60% and FMR LLC with 0.40%.

TC Energy Corp

The second stock to consider is TC Energy Corp (NYSE:TRP), a Canadian natural and liquified natural gas and oil midstream operator holding and operating assets in Canada and the U.S.

The below chart illustrates that the share price ($44.51 at close on July 15) is positioned below the Peter Lynch earnings line ($49.20 as of March 28), providing a margin of safety of 9.5%.

The stock price has underperformed during the past year through Wednesday, losing 11.4% for a market capitalization of $41.61 billion and a 52-week range of $32.37 to $57.92.

Wall Street analystes predict the share price will bounce back 18% up to the target price of $52.48, giving the stock an overweight recommendation rating.

GuruFocus has assigned a score of 3 out of 10 to the financial strength of the company and 7 out of 10 to the profitability.

The company's top fund holder is ROYAL BANK OF CANADA with 8.68% of shares outstanding, followed by BANK OF MONTREAL /CAN/ with 4.58% and PRICE T ROWE ASSOCIATES INC /MD/ with 4.30%.

TeleSystems PJSC

The third stock to consider is Mobile TeleSystems PJSC (NYSE:MBT), a Russian domestic provider of telecommunication services.

The below chart says that the stock price ($8.97 per share at close on July 15) stands below the Peter Lynch earnings line ($12.90 as of March 28), offering a 30.5% margin of safety.

The stock price has increased by 5.2% over the past year through Wednesday for a market capitalization of $7.95 billion and a 52-week range of $6.20 to $11.

Wall Street has recommended an overweight rating for the stock with an average target price of 724.64 Russian roubles ($10.21), which reflects a 14% rise from Wednesday's closing price.

GuruFocus has assigned a score of 4 out of 10 to the financial strength of the company and 9 out of 10 to the profitability.

With 4.93% of shares outstanding, Jim Simons is the company's top fund holder, followed by BlackRock Inc. with 4.04% and LAZARD ASSET MANAGEMENT LLC with 3.52%.

Disclosure: I have no position in any security mentioned.

Read more here:



Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.

This article first appeared on GuruFocus.