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AB vs. BLK: Which Stock Is the Better Value Option?
AllianceBernstein L.P.AllianceBernstein L.P.(US:AB) Zacks Investment Researchยท2024-01-31 17:40

Group 1 - AllianceBernstein (AB) has a Zacks Rank of 1 (Strong Buy), indicating a stronger improvement in its earnings outlook compared to BlackRock (BLK), which has a Zacks Rank of 3 (Hold) [1] - Value investors utilize various valuation metrics to identify undervalued companies, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [2] - AB has a forward P/E ratio of 11.33, significantly lower than BLK's forward P/E of 19.84, and a PEG ratio of 0.83 compared to BLK's PEG ratio of 2 [2] Group 2 - AB's P/B ratio is 1.92, while BLK's P/B ratio is 3, indicating that AB is more favorably valued in terms of market value to book value [3] - AB's Value grade is B, while BLK's Value grade is D, further supporting the conclusion that AB is the superior value option at this time [3] - The improving earnings outlook for AB enhances its attractiveness in the current investment landscape [3]