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Is Jones Lang LaSalle (JLL) a Great Value Stock Right Now?

Zacks Equity Research
Safety, Income and Growth (SAFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

One company value investors might notice is Jones Lang LaSalle (JLL). JLL is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 12.99 right now. For comparison, its industry sports an average P/E of 18.55. Over the past year, JLL's Forward P/E has been as high as 17.72 and as low as 11.17, with a median of 14.25.

JLL is also sporting a PEG ratio of 1.44. 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. JLL's PEG compares to its industry's average PEG of 2.10. Within the past year, JLL's PEG has been as high as 1.61 and as low as 1.02, with a median of 1.31.

These are only a few of the key metrics included in Jones Lang LaSalle'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, JLL looks like an impressive value stock at the moment.

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