Searching for stocks whose market capitalization surpasses $2 billion and whose price-book ratio is not above 1.5 could give investors a higher chance of unearthing value opportunities.
Thus, value investors may be interested in the following stocks, as they have the above-listed criteria.
Westinghouse Air Brake Technologies Corp
The first company that meets the criteria is Westinghouse Air Brake Technologies Corp (WAB, Financial), a Pittsburgh, Pennsylvania-based provider of technology-based equipment, systems and services to global railroad operators.
The share price was trading at $68 at close on Sept. 14 for a market capitalization of $12.94 billion and a price-book ratio of 1.31.
The stock price has decreased by 10.7% over the past year for a 52-week range of $35.07 to $81.75.
GuruFocus assigned a positive rating of 5 out of 10 to the financial strength and a very high rating of 8 out of 10 to the profitability of the company.
The stock has an overweight recommendation rating and an average target price of $73.09 per share on Wall Street.
White Mountains Insurance Group Ltd
The second company that makes the cut is White Mountains Insurance Group Ltd (WTM, Financial), a Bermuda-based property and casualty insurance company.
The share price was trading at $840.88 at close on Sept. 14 for a market capitalization of $2.61 billion and a price-book ratio of 0.82.
The stock price has declined by 21.6% over the past year for a 52-week range of $629.21 to $1,168.21.
GuruFocus assigned a positive rating of 5 out of 10 for both the company's financial strength and its profitability.
The stock has one hold recommendation rating on Wall Street.
Nelnet Inc
The third company that qualifies is Nelnet Inc (NNI, Financial), a Lincoln, Nebraska-based credit services provider primarily for U.S. students.
The share price was trading at $64.54 on Sept. 14 for a market capitalization of $2.47 billion and a price-book ratio of 1.06.
The stock has declined by 5.7% over the past year, determining a 52-week range of $36.70 to $69.97.
GuruFocus assigned a low rating of 1 out of 10 for the company's financial strength and a positive rating of 5 out of 10 for its profitability.
The stock has an overweight recommendation rating with an average target price of $50 per share on Wall Street.
Disclosure: I have no positions in any securities mentioned in this article.
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- A Trio of Stocks With Low Price-Sales Ratios to Consider
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