Workflow
Here's Why Assurant (AIZ) is a Strong Value Stock
AssurantAssurant(US:AIZ) Zacks Investment Researchยท2024-05-13 14:46

Core Insights - Zacks Premium offers various tools to help investors make informed decisions, including daily updates on Zacks Rank and Style Scores [1][5] - The Zacks Style Scores categorize stocks based on value, growth, momentum, and a combined VGM Score, aiding investors in selecting stocks with high potential [2][3][4] Zacks Style Scores - Value Score identifies attractive stocks using ratios like P/E and Price/Sales, appealing to value investors [2] - Growth Score focuses on a company's future prospects, analyzing earnings and sales to find sustainable growth stocks [2] - Momentum Score capitalizes on price trends, using recent price changes and earnings estimates to identify high-momentum stocks [3] - VGM Score combines the three Style Scores, helping investors find stocks with the best overall characteristics [4] Zacks Rank and Style Scores Integration - The Zacks Rank uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [5] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for higher return potential [6] Company Spotlight: Assurant Inc. (AIZ) - Assurant Inc. is a global risk management provider, operating in multiple regions including North America and Europe [7] - AIZ holds a Zacks Rank of 3 (Hold) and a VGM Score of A, with a Value Style Score of B due to a forward P/E ratio of 11 [7] - Recent earnings estimates for AIZ have been revised upward, with the Zacks Consensus Estimate increasing by $0.03 to $16.05 per share, and an average earnings surprise of 42.5% [7][8]