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Is AXA Equitable Holdings, Inc. (EQH) Stock Undervalued Right Now?

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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.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

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 value investors might notice is AXA Equitable Holdings, Inc. (EQH). EQH is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 5.14 right now. For comparison, its industry sports an average P/E of 9.43. EQH's Forward P/E has been as high as 6.05 and as low as 5.10, with a median of 5.66, all within the past year.

Investors will also notice that EQH has a PEG ratio of 0.42. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. EQH's industry currently sports an average PEG of 0.98. EQH's PEG has been as high as 0.52 and as low as 0.41, with a median of 0.44, all within the past year.

These are only a few of the key metrics included in AXA Equitable Holdings, Inc.'s strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, EQH looks like an impressive value stock at the moment.


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