Voya Financial Trading at Discount to Industry at 1.05X: Time to Hold?

Voya Financial, Inc. (VOYA) shares are trading at a discount compared to the Zacks Life Insurance industry. Its forward price-to-book value of 1.05X is lower than the industry average of 1.96X, the Finance sector’s 3.99X and the Zacks S&P 500 Composite’s 8.85X. The life insurer has a Value Score of A.Image Source: Zacks Investment ResearchThe insurer has a market capitalization of $6.56 billion. The average volume of shares traded in the last three months was 0.8 million.The stock remains attractively value ...