Here's Why MetLife (MET) is a Strong Value Stock

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score [2][4] - Each stock receives a rating from A to F based on its value, growth, and momentum characteristics, with A being the highest [2] Value Score - The Value Score focuses on identifying undervalued stocks using metrics like P/E, PEG, Price/Sales, and Price/Cash Flow [2] Growth Score - The Growth Score assesses a company's financial health and future potential through projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Score evaluates stocks based on price trends and earnings estimate changes to identify optimal buying opportunities [3] VGM Score - The VGM Score combines all three Style Scores to provide a comprehensive assessment of stocks based on value, growth, and momentum [4] Zacks Rank Integration - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection [5] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500 with an average annual return of +25.41% since 1988 [5] Stock Selection Strategy - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [6] - The direction of earnings estimate revisions is crucial in stock selection, as it indicates potential price movements [6] Company Spotlight: MetLife (MET) - MetLife is a global financial services company offering insurance and investment products, currently rated 3 (Hold) with a VGM Score of B [8] - The company has a Value Style Score of A, supported by a forward P/E ratio of 8.41, indicating attractive valuation [8] - Recent upward revisions in earnings estimates suggest a consensus estimate of $8.65 per share for fiscal 2024, with an average earnings surprise of 1.3% [8][9]