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Is Ameriprise Financial (AMP) 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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 to watch right now is Ameriprise Financial (AMP - Free Report) . AMP is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.93. This compares to its industry's average Forward P/E of 13.65. Over the last 12 months, AMP's Forward P/E has been as high as 12.71 and as low as 7.92, with a median of 10.52.
Investors should also note that AMP holds a PEG ratio of 0.61. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AMP's PEG compares to its industry's average PEG of 0.74. Within the past year, AMP's PEG has been as high as 0.77 and as low as 0.58, with a median of 0.65.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. AMP has a P/S ratio of 2.55. This compares to its industry's average P/S of 2.65.
Finally, investors should note that AMP has a P/CF ratio of 15.03. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. AMP's P/CF compares to its industry's average P/CF of 21.80. AMP's P/CF has been as high as 15.71 and as low as 7.92, with a median of 10.91, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Ameriprise Financial is likely undervalued currently. And when considering the strength of its earnings outlook, AMP sticks out at as one of the market's strongest value stocks.
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Is Ameriprise Financial (AMP) a Great Value Stock Right Now?
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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
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 to watch right now is Ameriprise Financial (AMP - Free Report) . AMP is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.93. This compares to its industry's average Forward P/E of 13.65. Over the last 12 months, AMP's Forward P/E has been as high as 12.71 and as low as 7.92, with a median of 10.52.
Investors should also note that AMP holds a PEG ratio of 0.61. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AMP's PEG compares to its industry's average PEG of 0.74. Within the past year, AMP's PEG has been as high as 0.77 and as low as 0.58, with a median of 0.65.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. AMP has a P/S ratio of 2.55. This compares to its industry's average P/S of 2.65.
Finally, investors should note that AMP has a P/CF ratio of 15.03. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. AMP's P/CF compares to its industry's average P/CF of 21.80. AMP's P/CF has been as high as 15.71 and as low as 7.92, with a median of 10.91, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Ameriprise Financial is likely undervalued currently. And when considering the strength of its earnings outlook, AMP sticks out at as one of the market's strongest value stocks.