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Friday, May 13, 2011

Great Takeover Value (NYSE: DFG)

Shares of DFG fell by 0.96% or $-0.29/share to $29.82. Delphi Financial Group, Inc. is trading at a price to book ratio of 1.06. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.78 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.94. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 229629 shares of DFG exchange hands on a given day and today's volume is recorded at 47954. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Delphi Financial Group, Inc. (Delphi) is a holding company whose subsidiaries provide integrated employee benefit services.