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Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

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.

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The Bank of New York Mellon Corporation (BK)

Headquartered in New York and formed as a holding company for The Bank of New York Mellon, The Bank of New York Mellon Corporation (popularly known as BNY Mellon) is a financial services company that has been in business since 1784. The company was incorporated on Jul 1, 2007, following the merger of The Bank of New York Company Inc. and Mellon Financial Corporation.

BK sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Banks - Major Regional industry's P/E of 7.9X, shares of The Bank of New York Mellon Corporation are trading at a forward P/E of 9.4X. BK also has a PEG Ratio of 1.2, a Price/Cash Flow ratio of 5.8X, and a Price/Sales ratio of 1.8X.

A company's earnings performance is important for value investors as well. For fiscal 2023, three analysts revised their earnings estimate higher in the last 60 days for BK, while the Zacks Consensus Estimate has increased $0.06 to $4.80 per share. BK also holds an average earnings surprise of 4.8%.

Investors should take the time to consider BK for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.

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The Bank of New York Mellon Corporation (BK) : Free Stock Analysis Report

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Zacks Investment Research