Core Insights - The focus is on the Zacks Rank system, which emphasizes earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a popular method for finding undervalued stocks across various market conditions [2] - The Style Scores system is available for investors seeking stocks with specific traits, particularly in the "Value" category [3] Company Analysis: VEON - VEON currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4] - The stock has a P/E ratio of 9.87, significantly lower than the industry average P/E of 18.54, suggesting it may be undervalued [4] - VEON's Forward P/E has fluctuated between 7.55 and 10.57 over the past 52 weeks, with a median of 9.04 [4] - The P/S ratio for VEON is 1.03, compared to the industry's average P/S of 1.34, further indicating potential undervaluation [5] - These metrics contribute to VEON's strong Value grade, suggesting it is likely undervalued and has a positive earnings outlook [6]
Are Investors Undervaluing VEON (VEON) Right Now?