Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 21:

ORIX Corporation (IX Quick QuoteIX - Free Report) : This financial services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 55.7% over the last 60 days.

Orix Corp Ads Price and Consensus

Orix Corp Ads price-consensus-chart | Orix Corp Ads Quote

ORIX has a price-to-earnings ratio (P/E) of 8.28 compared with 9.70 for the industry. The company possesses a Value Scoreof A.

Orix Corp Ads PE Ratio (TTM)

Orix Corp Ads pe-ratio-ttm | Orix Corp Ads Quote

Arrow Electronics, Inc. (ARW Quick QuoteARW - Free Report) : This technology solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 6.6% over the last 60 days.

Arrow Electronics, Inc. Price and Consensus

Arrow Electronics, Inc. price-consensus-chart | Arrow Electronics, Inc. Quote

Arrow Electronics has a price-to-earnings ratio (P/E) of 10.79 compared with 28.90 for the industry. The company possesses a Value Score of A.

Arrow Electronics, Inc. PE Ratio (TTM)

Arrow Electronics, Inc. pe-ratio-ttm | Arrow Electronics, Inc. Quote

Designer Brands Inc. (DBI Quick QuoteDBI - Free Report) : This footwear company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.

Designer Brands Inc. Price and Consensus

Designer Brands Inc. price-consensus-chart | Designer Brands Inc. Quote

Designer Brands has a price-to-earnings ratio (P/E) of 15.05 compared with 22.73 for the S&P. The company possesses a Value Score of A.

Designer Brands Inc. PE Ratio (TTM)

Designer Brands Inc. pe-ratio-ttm | Designer Brands Inc. Quote

See the full list of top ranked stocks here.

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