Why Voya Financial (VOYA) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
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
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.
Voya Financial (VOYA)
Incorporated in 1999 and is based in New York, Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014.
VOYA boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Voya Financial are trading at a forward earnings multiple of 8.5X, as well as a PEG Ratio of 0.6, a Price/Cash Flow ratio of 7.9X, and a Price/Sales ratio of 1.2X.
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 VOYA, while the Zacks Consensus Estimate has increased $0.13 to $7.97 per share. VOYA also holds an average earnings surprise of 34.4%.
VOYA should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Voya Financial, Inc. (VOYA) : Free Stock Analysis Report
