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Friday, August 5, 2011

Stocks with Strong Financial Metrics (NYSE: CNO)

Shares of CNO fell by 2.06% or $-0.14/share to $6.65. CNO Financial Group, Inc. is trading at a price to book ratio of 0.37. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.06 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2636780 shares of CNO exchange hands on a given day and today's volume is recorded at 3780729. These factors combined may make this company a potential 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.

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