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Is Jones Lang LaSalle (JLL) a Great Value Stock Right Now?

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

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.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

Jones Lang LaSalle (JLL - Free Report) is a stock many investors are watching right now. JLL is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 14.42 right now. For comparison, its industry sports an average P/E of 19.13. Over the past 52 weeks, JLL's Forward P/E has been as high as 17.72 and as low as 11.17, with a median of 14.43.

Investors will also notice that JLL has a PEG ratio of 1.60. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. JLL's industry has an average PEG of 2.14 right now. Within the past year, JLL's PEG has been as high as 1.61 and as low as 1.02, with a median of 1.31.

These are just a handful of the figures considered in Jones Lang LaSalle's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that JLL is an impressive value stock right now.


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