While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Athene Holding Ltd. . ATH is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 5.87. This compares to its industry's average Forward P/E of 9.20. Over the last 12 months, ATH's Forward P/E has been as high as 9.77 and as low as 5.25, with a median of 7.74.
Investors will also notice that ATH has a PEG ratio of 0.42. 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. ATH's industry currently sports an average PEG of 0.90. Over the last 12 months, ATH's PEG has been as high as 0.65 and as low as 0.37, with a median of 0.52.
Investors should also recognize that ATH has a P/B ratio of 0.98. 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. ATH's current P/B looks attractive when compared to its industry's average P/B of 1.96. Over the past year, ATH's P/B has been as high as 1.25 and as low as 0.84, with a median of 1.05.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Athene Holding Ltd. Is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ATH feels like a great value stock at the moment.
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Should Value Investors Buy Athene Holding Ltd. (ATH) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
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.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Athene Holding Ltd. . ATH is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 5.87. This compares to its industry's average Forward P/E of 9.20. Over the last 12 months, ATH's Forward P/E has been as high as 9.77 and as low as 5.25, with a median of 7.74.
Investors will also notice that ATH has a PEG ratio of 0.42. 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. ATH's industry currently sports an average PEG of 0.90. Over the last 12 months, ATH's PEG has been as high as 0.65 and as low as 0.37, with a median of 0.52.
Investors should also recognize that ATH has a P/B ratio of 0.98. 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. ATH's current P/B looks attractive when compared to its industry's average P/B of 1.96. Over the past year, ATH's P/B has been as high as 1.25 and as low as 0.84, with a median of 1.05.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Athene Holding Ltd. Is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ATH feels like a great value stock at the moment.