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Wednesday, May 16, 2012

Stocks with Strong Financial Metrics (NYSE: LM)

Shares of LM traded higher by 4.16% or $0.93/share to $23.31. NYSE is trading at a price to book ratio of 0.56. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.61 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.17. Thus, the company is not very expensive in terms of its sales. On average, 1748550 shares of LM exchange hands on a given day and today's volume is recorded at 1146190. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Legg Mason, Inc. (Legg Mason) is a holding company.