Advertisement
UK markets close in 3 hours 8 minutes

  • FTSE 100

    8,228.94
    +23.83 (+0.29%)
     

  • FTSE 250

    20,442.79
    +61.74 (+0.30%)
     

  • AIM

    773.74
    -3.76 (-0.48%)
     

  • GBP/EUR

    1.1830
    -0.0004 (-0.03%)
     

  • GBP/USD

    1.2688
    -0.0034 (-0.26%)
     

  • Bitcoin GBP

    52,015.56
    +737.59 (+1.44%)
     

  • CMC Crypto 200

    1,373.47
    -9.20 (-0.67%)
     

  • S&P 500

    5,487.03
    +13.80 (+0.25%)
     

  • DOW

    38,834.86
    +56.76 (+0.15%)
     

  • CRUDE OIL

    81.59
    +0.02 (+0.02%)
     

  • GOLD FUTURES

    2,351.90
    +5.00 (+0.21%)
     

  • NIKKEI 225

    38,633.02
    +62.26 (+0.16%)
     

  • HANG SENG

    18,335.32
    -95.07 (-0.52%)
     

  • DAX

    18,157.67
    +89.76 (+0.50%)
     

  • CAC 40

    7,633.23
    +63.03 (+0.83%)
     
Money:

Best UK mortgage deals of the week

Average two-year mortgage deal is now around 6%

Here's Why Assurant (AIZ) is a Strong Value Stock

Zacks Equity Research
·2-min read

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

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

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

ADVERTISEMENT

Assurant (AIZ)

Founded in 1969 and headquartered in New York, Assurant Inc. is a global provider of risk management solutions in the housing and lifestyle markets, protecting where people live and the goods they buy. The company operates in North America, Latin America, Europe and Asia Pacific. Assurant was incorporated as a Delaware corporation in 2004.

AIZ boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Assurant are trading at a forward earnings multiple of 10.4X, as well as a PEG Ratio of 1.7, a Price/Cash Flow ratio of 8.6X, and a Price/Sales ratio of 0.8X.

Many value investors pay close attention to a company's earnings as well. For AIZ, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.54 to $16.21 per share for 2024. Per share AIZ boasts an average earnings surprise of 42.5%.

With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding AIZ to their portfolios.

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

Assurant, Inc. (AIZ) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research