Best Value Stocks to Buy for August 31st

Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 31:

Heritage Insurance Holdings, Inc. HRTG: This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 27% over the last 60 days.

Heritage Insurance Holdings, Inc. Price and Consensus

Heritage Insurance Holdings, Inc. price-consensus-chart | Heritage Insurance Holdings, Inc. Quote

Heritage Insurance has a price-to-earnings ratio (P/E) of 6.16 compared with 54.10 for the industry. The company possesses a Value Scoreof A.

Heritage Insurance Holdings, Inc. PE Ratio (TTM)

Heritage Insurance Holdings, Inc. pe-ratio-ttm | Heritage Insurance Holdings, Inc. Quote

Mercury General Corporation MCY: This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 12% over the last 60 days.

Mercury General Corporation Price and Consensus

Mercury General Corporation price-consensus-chart | Mercury General Corporation Quote

Mercury General has a price-to-earnings ratio (P/E) of 8.08 compared with 54.10 for the industry. The company possesses a Value Score of A.

Mercury General Corporation PE Ratio (TTM)

Mercury General Corporation pe-ratio-ttm | Mercury General Corporation Quote

OptimumBank Holdings, Inc. OPHC: This bank holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.5% over the last 60 days.

OptimumBank Holdings, Inc. Price and Consensus

OptimumBank Holdings, Inc. price-consensus-chart | OptimumBank Holdings, Inc. Quote

OptimumBank has a price-to-earnings ratio (P/E) of 9.07 compared with 12.80 for the industry. The company possesses a Value Score of A.

OptimumBank Holdings, Inc. PE Ratio (TTM)

OptimumBank Holdings, Inc. pe-ratio-ttm | OptimumBank Holdings, Inc. Quote

See the full list of top ranked stocks here.

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

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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

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