Shares of Stepan Company (NYSE:SCL) are on our watchlist today as the stock has moved -0.49% from the open, touching $79.31 on a recent trade. While the stock has a nice low price tag to it, does it have any value?
Most investors are likely looking for that next stock that is ready to take off running. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast.
Although the popular stocks that receive a high level of media coverage tend to recover quicker after a sell-off, there may be plenty of under the radar stocks that are ripe for buying. Scoping out these potential market gems may help repair a portfolio that has taken a hit for any number of reasons.
The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Over the past week, Stepan Company (NYSE:SCL) has performed -0.13%. For the past month, shares are 0.71%. Over the last quarter, shares have performed -9.56%. Looking back further, Stepan Company stock has been -9.98% over the last six months, and 0.43% since the start of the calendar year. For the past full year, shares are -0.69%.
Price Earnings Ratio
The price/earnings ratio (P/E) for Stepan Company is 20.16 and the forward P/E ratio stands at 16.79. The price to sales growth is 0.95. The price/earnings ratio (P/E) is a market prospect ratio which calculates the value of a stock relative to its earnings. On other words, the P/E ratio is and indicator of what investors are will to pay for a stock relative to its earnings. A firm with a high P/E ratio typically indicates that investors are willing to pay a premium for the stock and higher performance in future quarters would be anticipated. Going a step further we can also look at the PEG ratio of a company. A stock’s price/earnings ratio divided by its year-over-year earnings growth rate. In general, the lower the PEG, the better the value, because the investor would be paying less for each unit of earnings growth.
There is rarely any substitute for diligent research, especially when it pertains to the equity markets. No matter what strategy an investor employs, keeping abreast of current market happenings is of the utmost importance. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Recently, shares of Stepan Company (NYSE:SCL) have been seen trading -3.97% away from the 200-day moving average and -0.98% off the 50-day moving average. The stock is currently trading -14.69% away from the 52-week high and separated 15.76% from the 52-week low. Stepan Company’s RSI is presently sitting at 50.00.