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Wednesday, August 10, 2011

Excellent Stock Value (NYSE: CNO)

Shares of CNO fell by 8.09% or $-0.48/share to $5.45. CNO Financial Group, Inc. is trading at a price to book ratio of 0.32. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.02 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.35. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2839820 shares of CNO exchange hands on a given day and today's volume is recorded at 2318864. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

CNO Financial Group, Inc., formerly Conseco, Inc.