Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Lenovo Group Limited (LNVGY Quick QuoteLNVGY - Free Report) .

Lenovo Group in Focus

LNVGY may be an interesting play thanks to its forward PE of 10.53, its P/S ratio of 0.16, and its decent dividend yield of 4.93%. These factors suggest that Lenovo Group is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that LNVGY has decent revenue metrics to back up its earnings.

LENOVO GRP LTD PE Ratio (TTM)

LENOVO GRP LTD PE Ratio (TTM) | LENOVO GRP LTD Quote

But before you think that Lenovo Group is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 9.7% in the past 30 days, thanks to 1 upward revision in the past one month compared to none lower.

This estimate strength is actually enough to push LNVGY to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So really, Lenovo Group is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>