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Should Value Investors Buy Axa (AXAHY) Stock?

Zacks Equity Research
·2-min read

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.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One company value investors might notice is Axa (AXAHY). AXAHY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 7.79, while its industry has an average P/E of 8.70. AXAHY's Forward P/E has been as high as 9.12 and as low as 6.47, with a median of 7.95, all within the past year.

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Investors should also recognize that AXAHY has a P/B ratio of 1.23. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 2.49. Within the past 52 weeks, AXAHY's P/B has been as high as 1.33 and as low as 0.61, with a median of 0.98.

Value investors will likely look at more than just these metrics, but the above data helps show that Axa is likely undervalued currently. And when considering the strength of its earnings outlook, AXAHY sticks out at as one of the market's strongest value stocks.

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Zacks Investment Research