Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Midwest Holding . MDWT is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 8.04, which compares to its industry's average of 11.19. Over the past year, MDWT's Forward P/E has been as high as 13.55 and as low as 7, with a median of 8.31.
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. MDWT has a P/S ratio of 1.03. This compares to its industry's average P/S of 1.39.
Finally, we should also recognize that MDWT has a P/CF ratio of 17.20. 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. MDWT's P/CF compares to its industry's average P/CF of 22.54. Within the past 12 months, MDWT's P/CF has been as high as 17.59 and as low as 2.50, with a median of 4.93.
Value investors will likely look at more than just these metrics, but the above data helps show that Midwest Holding is likely undervalued currently. And when considering the strength of its earnings outlook, MDWT sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing Midwest Holding (MDWT) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Midwest Holding . MDWT is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 8.04, which compares to its industry's average of 11.19. Over the past year, MDWT's Forward P/E has been as high as 13.55 and as low as 7, with a median of 8.31.
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. MDWT has a P/S ratio of 1.03. This compares to its industry's average P/S of 1.39.
Finally, we should also recognize that MDWT has a P/CF ratio of 17.20. 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. MDWT's P/CF compares to its industry's average P/CF of 22.54. Within the past 12 months, MDWT's P/CF has been as high as 17.59 and as low as 2.50, with a median of 4.93.
Value investors will likely look at more than just these metrics, but the above data helps show that Midwest Holding is likely undervalued currently. And when considering the strength of its earnings outlook, MDWT sticks out at as one of the market's strongest value stocks.