Yahoo Finance Should Value Investors Buy Ageas (AGESY) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is Ageas (AGESY). AGESY is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock holds a P/E ratio of 6.50, while its industry has an average P/E of 8.87. AGESY's Forward P/E has been as high as 10.05 and as low as 5.95, with a median of 8, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. AGESY has a P/S ratio of 0.67. This compares to its industry's average P/S of 0.91.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Ageas is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AGESY feels like a great value stock at the moment.
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Ageas SA (AGESY) : Free Stock Analysis Report
