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Should Value Investors Buy Scor (SCRYY) Stock?

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

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 rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

Scor (SCRYY - Free Report) is a stock many investors are watching right now. SCRYY is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 7.48 right now. For comparison, its industry sports an average P/E of 9.19. Over the past year, SCRYY's Forward P/E has been as high as 28.38 and as low as -302.80, with a median of 7.31.

Another notable valuation metric for SCRYY is its P/B ratio of 1.25. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 2.68. Over the past 12 months, SCRYY's P/B has been as high as 1.32 and as low as 0.76, with a median of 1.01.

Investors could also keep in mind SiriusPoint (SPNT - Free Report) , another Insurance - Multi line stock with a Zacks Rank of #2 (Buy) and Value grade of A.

SiriusPoint sports a P/B ratio of 1.08 as well; this compares to its industry's price-to-book ratio of 2.68. In the past 52 weeks, SPNT's P/B has been as high as 1.33, as low as 0.84, with a median of 1.03.

These are just a handful of the figures considered in Scor and SiriusPoint's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SCRYY and SPNT is an impressive value stock right now.


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