Understanding Value Stocks
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
Below is a list of notable value stocks in the consumer defensive sector:
- Perdoceo Education PRDO - P/E: 8.15
- iHuman IH - P/E: 6.25
- S&W Seed SANW - P/E: 1.82
- Seneca Foods SENEB - P/E: 6.75
- Albertsons Companies ACI - P/E: 9.34
This quarter, Perdoceo Education experienced an increase in earnings per share, which was $0.61 in Q2 and is now $0.64. This quarter, iHuman experienced an increase in earnings per share, which was $0.11 in Q2 and is now $0.14. S&W Seed saw an increase in earnings per share from -0.13 in Q4 to $-0.11 now. This quarter, Seneca Foods experienced an increase in earnings per share, which was $3.01 in Q1 and is now $3.29. Albertsons Companies saw an increase in earnings per share from 0.63 in Q2 to $0.79 now. Most recently, the company reported a dividend yield of 2.09%, which has decreased by 0.04% from last quarter's yield of 2.13%.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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