We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Investors Undervaluing Cigna Group (CI) Right Now?
Read MoreHide Full Article
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Cigna Group (CI - Free Report) is a stock many investors are watching right now. CI is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Another valuation metric that we should highlight is CI's P/B ratio of 1.86. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. CI's current P/B looks attractive when compared to its industry's average P/B of 2.28. Within the past 52 weeks, CI's P/B has been as high as 2.30 and as low as 1.61, with a median of 1.91.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CI has a P/S ratio of 0.45. This compares to its industry's average P/S of 0.73.
Finally, investors will want to recognize that CI has a P/CF ratio of 8.63. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 9.66. Over the past 52 weeks, CI's P/CF has been as high as 11.09 and as low as 7.47, with a median of 9.80.
CNO Financial Group (CNO - Free Report) may be another strong Insurance - Multi line stock to add to your shortlist. CNO is a # 2 (Buy) stock with a Value grade of A.
CNO Financial Group sports a P/B ratio of 1.35 as well; this compares to its industry's price-to-book ratio of 2.28. In the past 52 weeks, CNO's P/B has been as high as 2.13, as low as 0.87, with a median of 1.35.
These are only a few of the key metrics included in Cigna Group and CNO Financial Group strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, CI and CNO look like an impressive value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Investors Undervaluing Cigna Group (CI) Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Cigna Group (CI - Free Report) is a stock many investors are watching right now. CI is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Another valuation metric that we should highlight is CI's P/B ratio of 1.86. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. CI's current P/B looks attractive when compared to its industry's average P/B of 2.28. Within the past 52 weeks, CI's P/B has been as high as 2.30 and as low as 1.61, with a median of 1.91.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CI has a P/S ratio of 0.45. This compares to its industry's average P/S of 0.73.
Finally, investors will want to recognize that CI has a P/CF ratio of 8.63. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 9.66. Over the past 52 weeks, CI's P/CF has been as high as 11.09 and as low as 7.47, with a median of 9.80.
CNO Financial Group (CNO - Free Report) may be another strong Insurance - Multi line stock to add to your shortlist. CNO is a # 2 (Buy) stock with a Value grade of A.
CNO Financial Group sports a P/B ratio of 1.35 as well; this compares to its industry's price-to-book ratio of 2.28. In the past 52 weeks, CNO's P/B has been as high as 2.13, as low as 0.87, with a median of 1.35.
These are only a few of the key metrics included in Cigna Group and CNO Financial Group strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, CI and CNO look like an impressive value stock at the moment.