Here are two stocks with buy rank and strong value characteristics for investors to consider today, January 23rd:  

Midland States Bancorp (MSBI Quick QuoteMSBI - Free Report) : This financial and bank holding company, which provides commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Midland States Bancorp, Inc. Price and Consensus

Midland States Bancorp, Inc. price-consensus-chart | Midland States Bancorp, Inc. Quote

Midland States Bancorp's has a price-to-earnings ratio (P/E) of 7.51 compared with 13.20 for the industry. The company possesses a Value Score of A.

Midland States Bancorp, Inc. PE Ratio (TTM)

Midland States Bancorp, Inc. pe-ratio-ttm | Midland States Bancorp, Inc. Quote

Kubota (KUBTY Quick QuoteKUBTY - Free Report) : This company, which is the world's largest maker of small tractors and Japan's 2nd largest manufacturer of farm equipment, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15% over the last 60 days.

Kubota Corp. Price and Consensus

Kubota Corp. price-consensus-chart | Kubota Corp. Quote

Kubota has a price-to-earnings ratio (P/E) of 15.35 compared with 20.60 for the industry. The company possesses a Value Score of A.

Kubota Corp. PE Ratio (TTM)

Kubota Corp. pe-ratio-ttm | Kubota Corp. Quote

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.