Should Value Investors Buy Assurant (AIZ) Stock?

Core Insights - The article emphasizes the importance of value investing as a strategy to identify strong stocks, particularly through fundamental analysis and traditional valuation metrics [1] - Assurant (AIZ) is highlighted as a company to watch, currently holding a Zacks Rank of 2 (Buy) and an A for Value [2] - AIZ's P/B ratio of 1.98 is noted to be favorable compared to the industry average of 2.67, indicating potential undervaluation [2] - The P/S ratio for AIZ is 0.82, which is lower than the industry average of 1, further supporting the notion that AIZ may be undervalued [2][3] - Overall, AIZ's strong earnings outlook and valuation metrics suggest it is an impressive value stock at the moment [3] Company Metrics - Assurant's P/B ratio has fluctuated between 1.31 and 2.01 over the past 12 months, with a median of 1.64 [2] - The P/S ratio of AIZ is considered a reliable performance indicator due to the difficulty of manipulating sales figures on income statements [2] - The combination of AIZ's high Zacks Rank and strong Value grade positions it as one of the highest-quality value stocks available [1][3]