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Why The Hartford (HIG) is a Top Value Stock for the Long-Term

·2 min read

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.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

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.

The Hartford (HIG)

Founded in 1810 and headquartered in Hartford, CT, The Hartford Financial Services Group Inc. is one of the major multi-line insurance and investment companies in the country, providing investment products, group life and group disability insurance, property and casualty (P&C) insurance and mutual funds in the U.S.

HIG boasts a Value Style Score of A and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Shares of The Hartford are trading at a forward earnings multiple of 8.8X, as well as a PEG Ratio of 1.3, a Price/Cash Flow ratio of 7.7X, and a Price/Sales ratio of 0.9X.

Many value investors pay close attention to a company's earnings as well. For HIG, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.20 to $7.15 per share for 2022. Per share HIG boasts an average earnings surprise of 34.1%.

With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding HIG to their portfolios.


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