Advertisement
UK markets open in 2 hours 12 minutes
  • NIKKEI 225

    38,841.26
    -81.74 (-0.21%)
     
  • HANG SENG

    18,441.59
    +38.59 (+0.21%)
     
  • CRUDE OIL

    73.60
    -0.62 (-0.84%)
     
  • GOLD FUTURES

    2,369.00
    -0.30 (-0.01%)
     
  • DOW

    38,571.03
    -115.27 (-0.30%)
     
  • Bitcoin GBP

    54,011.59
    +623.91 (+1.17%)
     
  • CMC Crypto 200

    1,449.44
    -18.50 (-1.26%)
     
  • NASDAQ Composite

    16,828.67
    +93.67 (+0.56%)
     
  • UK FTSE All Share

    4,517.03
    -0.05 (-0.00%)
     

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

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

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.

ADVERTISEMENT

Paramount Global-B (PARA)

Paramount Global is a global media, streaming and entertainment provider offering content through well-known brands, including CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. It also operates Paramount Pictures.

PARA boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Paramount Global-B are trading at a forward earnings multiple of 9.7X, as well as a PEG Ratio of 0.4, a Price/Cash Flow ratio of 0.5X, and a Price/Sales ratio of 0.3X.

Many value investors pay close attention to a company's earnings as well. For PARA, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.27 to $1.32 per share for 2024. Per share PARA boasts an average earnings surprise of 409.3%.

PARA should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

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

Paramount Global (PARA) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research