In this article, we will take a look at the 5 high growth low PE stocks. To see more such companies, go directly to 17 High Growth Low PE Stocks.
5. YPF Sociedad Anónima (NYSE:YPF)
PE Ratio as of February 16, 2022: 3.80
YPF Sociedad Anónima (NYSE:YPF) is an Argentina-based energy company. YPF Sociedad Anónima (NYSE:YPF) has a PE ratio of 3.79 as of February 16. In November, YPF Sociedad Anónima (NYSE:YPF) posted its third quarter results. GAAP EPS in the quarter came in at $1.72, beating estimates by $0.52. YPF’s revenue in the quarter jumped a whopping 43.1% on a YoY basis to reach $5.18 billion, beating estimates by $800 million.
YPF Sociedad Anónima (NYSE:YPF)’s chairman recently said that YPF plans to return to debt markets to raise about $1 billion in financing to fund the development of Vaca Muerta shale region.
A total of 14 hedge funds tracked by Insider Monkey at the end of the third quarter had reported owning stakes in this energy company, up from 10 hedge funds in the previous quarter.
4. Northern Oil and Gas, Inc. (NYSE:NOG)
PE Ratio as of February 16, 2022: 3.73
Northern Oil and Gas, Inc. (NYSE:NOG) ranks 4th in our list of the high growth low PE stocks. During the third quarter Northern Oil and Gas, Inc. (NYSE:NOG)’s revenue jumped by a whopping 502% on a YoY basis to reach $791.64 million, beating estimates by $374.37 million.
3. Comstock Resources, Inc. (NYSE:CRK)
PE Ratio as of February 16, 2022: 3.53
Comstock Resources, Inc. (NYSE:CRK) is one of the high growth undervalued stocks out there. Recently, Comstock Resources, Inc. (NYSE:CRK) posted its fourth quarter results. Adjusted EPS in the period came in at $1.05, beating estimates by $0.24. Revenue in the quarter jumped about 41% on a YoY basis to come in at $922.38 million, beating estimates by $256.51 million. Comstock Resources, Inc. (NYSE:CRK) said that its production in the quarter jumped 7% from last year to 1,445 MMcfe per day.
At the end of the third quarter of 2022, 22 hedge funds reported owning shares of Comstock Resources, Inc. (NYSE:CRK). The total value of these shares was about $275 million.
2. PDC Energy, Inc. (NASDAQ:PDCE)
PE Ratio as of February 16, 2022: 3.37
Colorado-based PDC Energy, Inc. (NASDAQ:PDCE) has a PE ratio of 3.42 as of February 16. PDC Energy, Inc. (NASDAQ:PDCE) has gained about 14% over the past 12 months. In December, PDC Energy, Inc. (NASDAQ:PDCE) declared a quarterly dividend of $0.35 per share, the same as in the previous quarter. PDC Energy, Inc. (NASDAQ:PDCE) also declared a special dividend of $0.65 per share.
In November, PDC Energy, Inc. (NASDAQ:PDCE) posted its third quarter results. Revenue in the period increased by 210% on a YoY basis to total $1.51 billion, beating estimates by $450 million.
PDC Energy, Inc. (NASDAQ:PDCE) said for the last quarter of 2022 it was expecting production to be in a range of 245,000-255,000 Boe per day.
1. Daqo New Energy Corp. (NYSE:DQ)
PE Ratio as of February 16, 2022: 2.04
Daqo New Energy Corp. (NYSE:DQ) is a Chinese company that makes monocrystalline silicon and polysilicon, used in solar photovoltaic systems. Year to date Daqo New Energy Corp. (NYSE:DQ) has gained about 10% through February 16. Its PE ratio stands at 2.07. At the end of the third quarter of 2022, 20 hedge funds had stakes in Daqo New Energy Corp. (NYSE:DQ). The total value of these stakes was $422 million.
During the third quarter, Daqo New Energy Corp. (NYSE:DQ)’s revenue jumped about 108% on a YoY basis.
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