Is Visteon (VC) a Great Value Stock 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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.One company to watch right now is Visteon (VC). VC is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 13.69. This compares to its industry's average Forward P/E of 21.17. Over the past year, VC's Forward P/E has been as high as 14.33 and as low as 8.02, with a median of 10.34. Investors should also recognize that VC has a P/B ratio of 2.27. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 3.64. Over the past 12 months, VC's P/B has been as high as 2.34 and as low as 1.31, with a median of 1.87.Investors could also keep in mind Volvo (VLVLY), another Automotive - Original Equipment stock with a Zacks Rank of #2 (Buy) and Value grade of A.Shares of Volvo currently hold a Forward P/E ratio of 11.98, and its PEG ratio is 3.61. In comparison, its industry sports average P/E and PEG ratios of 21.17 and 1.32.Over the last 12 months, VLVLY's P/E has been as high as 13.87, as low as 8.99, with a median of 11.52, and its PEG ratio has been as high as 3.67, as low as 0.60, with a median of 3.04.Volvo also has a P/B ratio of 3.45 compared to its industry's price-to-book ratio of 3.64. Over the past year, its P/B ratio has been as high as 3.71, as low as 2.50, with a median of 3.04.Value investors will likely look at more than just these metrics, but the above data helps show that Visteon and Volvo are likely undervalued currently. And when considering the strength of its earnings outlook, VC and VLVLY sticks out as one of the market's strongest value stocks.Free Report: Profiting from the 2nd Wave of AI ExplosionThe next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.Investors who bought shares like Nvidia at the right time have had a shot at huge gains.But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.Access AI Boom 2.0 now, absolutely free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Visteon Corporation (VC): Free Stock Analysis Report AB Volvo (VLVLY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks