Avoid Prudential, Add These Insurance Stocks To Your Portfolio
Zacks Investment Research | Mar 20, 2018 03:46AM ET
Prudential Financial, Inc. (NYSE:PRU) has been witnessing downward revisions over the last 60 days. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.5% downward and for 2019, moved 1.8% south. Shares of Prudential (LON:PRU) have gained 1.7% in a year, underperforming the industry ’s growth of 5.6%
The stock carries a Zacks Rank #4 (Sell) with an unimpressive the complete list of today’s Zacks #1 Rank stocks here .
The Zacks Consensus Estimate for 2018 and 2019 reflects a year-over-year improvement of 0.5% and 9%, respectively.
Shares of CNO Financial have gained 11.1% in a year, substantially outperforming the industry’s rise. Shares of the company are presently undervalued, reading at a P/B ratio of 0.8 compared with the industry’s 1.5 tally.
Loews Corporation (NYSE:L) provides commercial property and casualty insurance in the United States, Canada, the United Kingdom, Continental Europe and Singapore. The company has a Zacks Rank of 2 and a Value Score of B. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 3.7% upward and for 2019, moved 3.2% north, respectively, over the last 60 days.
The consensus mark for 2018 and 2019 represents a year-over-year gain of 22.4% and 7.6%, respectively.
Shares of Loews have climbed 9.3% in a year, higher than the industry’s increase. Shares of the company are presently undervalued, reading at a P/B ratio of 0.7 lower than the industry’s tally.
American Equity Investment Life Holding Company (NYSE:AEL) provides life insurance products and services in the United States. The company is a Zacks #2 Ranked player with an attractive Value Score of A. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.9% upward and for 2019, moved 2.5% north, respectively, over the last 60 days.
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The Zacks Consensus Estimate for 2018 and 2019 translates to a respective year-over-year ascent of 7.6% and 5.9%.
Shares of American Equity Investment have rallied 28.2% in a year, ahead of the industry’s gain of 3.2%. Shares of the company are presently undervalued, reading at a P/B ratio of 1 compared with the industry ’s 3.9.
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