Is Jones Lang LaSalle (JLL) Stock Undervalued 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 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.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader 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.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Jones Lang LaSalle (JLL). JLL is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 15.93, which compares to its industry's average of 23.80. JLL's Forward P/E has been as high as 19.17 and as low as 13.09, with a median of 15.64, all within the past year.
Investors should also note that JLL holds a PEG ratio of 1.77. 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. JLL's PEG compares to its industry's average PEG of 2.17. Over the last 12 months, JLL's PEG has been as high as 2.13 and as low as 1.45, with a median of 1.74.
Finally, investors should note that JLL has a P/CF ratio of 11.71. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. JLL's P/CF compares to its industry's average P/CF of 13.48. Over the past year, JLL's P/CF has been as high as 13.19 and as low as 8.38, with a median of 11.13.
These are just a handful of the figures considered in Jones Lang LaSalle's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that JLL is an impressive value stock right now.
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