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Is Equitable Holdings, Inc. (EQH) a Great Value Stock Right Now?

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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.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

One company value investors might notice is Equitable Holdings, Inc. (EQH - Free Report) . EQH is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 4.41. This compares to its industry's average Forward P/E of 13.22. EQH's Forward P/E has been as high as 5.55 and as low as 2.18, with a median of 4.61, all within the past year.

Investors should also note that EQH holds a PEG ratio of 0.76. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. EQH's PEG compares to its industry's average PEG of 1.84. Within the past year, EQH's PEG has been as high as 1.47 and as low as 0.37, with a median of 0.63.

Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. EQH has a P/S ratio of 0.55. This compares to its industry's average P/S of 1.62.

Value investors will likely look at more than just these metrics, but the above data helps show that Equitable Holdings, Inc. Is likely undervalued currently. And when considering the strength of its earnings outlook, EQH sticks out at as one of the market's strongest value stocks.


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