Here at Zacks, we give attention to our confirmed rating system, which locations an emphasis on ear
Here at Zacks, we give attention to our confirmed rating system, which locations an emphasis on earnings estimates and estimate revisions, to search out profitable shares. However we additionally perceive that traders develop their very own methods, so we’re consistently trying on the newest tendencies in worth, progress, and momentum to search out robust firms for our readers.
Contemplating these tendencies, worth investing is clearly one of the vital most well-liked methods to search out robust shares in any sort of market. Worth traders depend on conventional types of evaluation on key valuation metrics to search out shares that they consider are undervalued, leaving room for income.
On high of the Zacks Rank, traders may have a look at our modern Fashion Scores system to search out shares with particular traits. For instance, worth traders will wish to give attention to the “Worth” class. Shares with excessive Zacks Ranks and “A” grades for Worth can be a number of the highest-quality worth shares available on the market at present.
One firm to observe proper now could be American Monetary Group (AFG). AFG is at the moment sporting a Zacks Rank of #2 (Purchase), in addition to a Worth grade of A. The inventory is buying and selling with P/E ratio of 10.20 proper now. For comparability, its trade sports activities a mean P/E of 21.57. Over the previous 52 weeks, AFG’s Ahead P/E has been as excessive as 12.92 and as little as 5.20, with a median of 8.60.
AFG can be sporting a PEG ratio of 1.37. This well-liked determine is much like the widely-used P/E ratio, however the PEG ratio additionally considers an organization’s anticipated EPS progress price. AFG’s PEG compares to its trade’s common PEG of two.98. Inside the previous 12 months, AFG’s PEG has been as excessive as 2.37 and as little as 0.80, with a median of 1.93.
Worth traders will doubtless have a look at extra than simply these metrics, however the above information helps present that American Monetary Group is probably going undervalued at the moment. And when contemplating the power of its earnings outlook, AFG stands proud at as one of many market’s strongest worth shares.
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American Monetary Group, Inc. (AFG): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.