Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Anthem, Inc. .
Anthem in Focus
ANTM may be an interesting play thanks to its forward PE of 15.33, its P/S ratio of 0.55, and its decent dividend yield of 1.4%. These factors suggest that Anthem is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ANTM has decent revenue metrics to back up its earnings.
Anthem, Inc. PE Ratio (TTM)
But before you think that Anthem is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For the current year earnings, the consensus has gone up by 2% in the past 30 days, thanks to 7 upward revisions in the past one month compared to none lower.
This estimate strength is actually enough to push ANTM to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Anthem is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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Is Anthem (ANTM) Stock A Great Combo of Value and Growth?
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Anthem, Inc. .
Anthem in Focus
ANTM may be an interesting play thanks to its forward PE of 15.33, its P/S ratio of 0.55, and its decent dividend yield of 1.4%. These factors suggest that Anthem is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ANTM has decent revenue metrics to back up its earnings.
Anthem, Inc. PE Ratio (TTM)
Anthem, Inc. PE Ratio (TTM) | Anthem, Inc. Quote
But before you think that Anthem is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For the current year earnings, the consensus has gone up by 2% in the past 30 days, thanks to 7 upward revisions in the past one month compared to none lower.
This estimate strength is actually enough to push ANTM to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Anthem is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>