Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
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.
Affiliated Managers Group (AMG)
Headquartered in Massachusetts, Affiliated Managers Group is a global asset manager with equity investments in a large group of investment management firms or affiliates.
AMG is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 8.4X for the current fiscal year compared to the Financial - Investment Management industry's P/E of 11X. Additionally, AMG has a PEG Ratio of 1.1 and a Price/Cash Flow ratio of 7.8X. Value investors should also note AMG's Price/Sales ratio of 2.4X.
Many value investors pay close attention to a company's earnings as well. For AMG, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.59 to $19.76 per share for 2022. Per share AMG boasts an average earnings surprise of 5.2%.
Investors should take the time to consider AMG 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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Affiliated Managers Group, Inc. (AMG) : Free Stock Analysis Report
