Here's Why W.R. Berkley (WRB) is a Strong Value Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
W.R. Berkley (WRB)
Founded in 1967 and based in Greenwich, CT., W.R. Berkley Corp. is a Fortune 500 company. It is one of the nation’s largest commercial lines property casualty insurance providers. The company offers a variety of insurance services from reinsurance, to workers comp third party administrators (TPAs).
WRB is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 14X for the current fiscal year compared to the Insurance - Property and Casualty industry's P/E of 14.2X. Additionally, WRB has a PEG Ratio of 1.6 and a Price/Cash Flow ratio of 13.1X. Value investors should also note WRB's Price/Sales ratio of 1.4X.
A company's earnings performance is important for value investors as well. For fiscal 2023, three analysts revised their earnings estimate higher in the last 60 days for WRB, while the Zacks Consensus Estimate has increased $0.10 to $4.52 per share. WRB also holds an average earnings surprise of 5.5%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding WRB to their portfolios.
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W.R. Berkley Corporation (WRB) : Free Stock Analysis Report
