Here's Why W.R. Berkley (WRB) is a Strong Value Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most 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 #2 (Buy) stock, with a Value Style Score of B and VGM Score of A. Shares are currently trading at a forward P/E of 13.8X for the current fiscal year compared to the Insurance - Property and Casualty industry's P/E of 13.5X. Additionally, WRB has a PEG Ratio of 1.5 and a Price/Cash Flow ratio of 16.1X. Value investors should also note WRB's Price/Sales ratio of 1.8X.
A company's earnings performance is important for value investors as well. For fiscal 2024, five analysts revised their earnings estimate higher in the last 60 days for WRB, while the Zacks Consensus Estimate has increased $0.23 to $6.00 per share. WRB also holds an average earnings surprise of 4.1%.
Investors should take the time to consider WRB for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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W.R. Berkley Corporation (WRB) : Free Stock Analysis Report
