When investors search for stocks whose market capitalization surpasses $2 billion and whose price-book ratio stands below 1.5, they increase their likelihood to discover value stocks, in my opinion.
Thus, value investors may want to have a look at the following securities, as they meet the above-listed criteria.
Old Republic International Corp
The first company that meets the above-listed criteria is Old Republic International Corp (ORI, Financial).
Shares of the Chicago-based insurance company traded at $16.09 per unit at close on April 28 for a market capitalization of $4.89 billion.
The price-book ratio of 0.94 is above the industry median of 0.91.
The share price declined by 28% over the past year, determining a 52-week range of $11.88 to $24.10.
GuruFocus assigned a low rating of 3 out of 10 for the company’s financial strength but a moderate rating of 4 out of 10 for its profitability.
Wall Street suggests a moderate buy rating for this stock and has established an average target price of $21 per share.
Sabra Health Care REIT Inc
The second company that meets the above-listed criteria is Sabra Health Care REIT Inc (SBRA, Financial).
Shares of the Irvine, California-based real estate investment trust with a focus on medical care facilities traded at $12.44 per unit on April 28 for a market capitalization of $2.56 billion.
The price-book ratio of 0.71 is better than the industry median of 0.83.
The share price fell by 36.4% over the past year for a 52-week range of $5.55 to $24.95.
GuruFocus assigned a moderate rating of 4 out of 10 for the company’s financial strength and a very good rating of 7 out of 10 for its profitability.
Wall Street recommends holding shares of this stock and has established an average target price of $14.42 per share.
AT&T Inc
The third company that meets the above-listed criteria is AT&T Inc (T, Financial).
Shares of the Dallas-based telecommunication services giant traded at $30.65 per unit at close on April 28 for a market capitalization of $218.4 billion.
The price-book ratio of 1.24 is better than the industry median of 1.62.
The share price fell by 1% in the past year for a 52-week range of $26.08 to $39.70.
GuruFocus assigned a moderate rating of 4 out of 10 for the company’s financial strength and a very good rating of 7 out of 10 for its profitability.
Wall Street sell-side analysts suggest a hold recommendation rating for this stock and have established an average price target of $33.62 per share.
Disclosure: I have no positions in any securities mentioned in this article.
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