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Is AXA Equitable Holdings, Inc. (EQH) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

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.

AXA Equitable Holdings, Inc. (EQH) is a stock many investors are watching right now. EQH is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 4.40, which compares to its industry's average of 9.06. Over the last 12 months, EQH's Forward P/E has been as high as 6.05 and as low as 4.40, with a median of 5.60.

EQH is also sporting a PEG ratio of 0.36. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. EQH's PEG compares to its industry's average PEG of 0.93. Over the past 52 weeks, EQH's PEG has been as high as 0.52 and as low as 0.36, with a median of 0.44.

Value investors will likely look at more than just these metrics, but the above data helps show that AXA Equitable Holdings, Inc. Is likely undervalued currently. And when considering the strength of its earnings outlook, EQH sticks out at as one of the market's strongest value stocks.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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