Best Value Stock to Buy for May 29th

Here is the stock with buy rank and strong value characteristics for investors to consider today, May 29th:  

South Plains Financial SPFI: This bank holding which provides commercial and consumer financial services to small and medium-sized businesses and individuals, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its second quarter earnings increasing 10.2% over the last 60 days.

South Plains Financial, Inc. Price and Consensus

South Plains Financial, Inc. price-consensus-chart | South Plains Financial, Inc. Quote

South Plains Financial has a price-to-earnings ratio (P/E) of 11.42 compared with 22.67 for the S&P. The company possesses a Value Score of B.

South Plains Financial, Inc. PE Ratio (TTM)

South Plains Financial, Inc. pe-ratio-ttm | South Plains Financial, Inc. Quote

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research