Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1][2] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [3] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score [4][5][6][7] Value Score - The Value Style Score focuses on identifying undervalued stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Style Score evaluates stocks based on projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [5] Momentum Score - The Momentum Style Score assesses stocks based on price trends and earnings estimate changes to identify favorable buying opportunities [6] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.81% since 1988 [8] - There can be over 800 top-rated stocks available, making it essential to use Style Scores to narrow down choices [9] Investment Strategy - For optimal returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - Stocks with lower ranks but high Style Scores may still present risks due to declining earnings forecasts [11] Company Spotlight: M&T Bank Corporation - M&T Bank Corporation, headquartered in Buffalo, N.Y., operates over 961 banking offices across several states and has realigned its business into three reportable segments [12] - Currently rated 3 (Hold) with a VGM Score of B, M&T Bank has a Value Style Score of A, supported by a forward P/E ratio of 10.91 [12][13] - The company has seen an upward revision in earnings estimates, with the Zacks Consensus Estimate increasing by $0.04 to $16.57 per share, and an average earnings surprise of +5.4% [13]
Here's Why M&T Bank Corporation (MTB) is a Strong Value Stock