What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
The following stocks are considered to be notable value stocks in the consumer cyclical sector:
- Good Times Restaurants GTIM - P/E: 2.74
- Miller Industries MLR - P/E: 9.08
- Shoe Carnival SCVL - P/E: 8.96
- Toll Brothers TOL - P/E: 8.34
- Solo Brands DTC - P/E: 7.92
This quarter, Good Times Restaurants experienced a decrease in earnings per share, which was $0.07 in Q3 and is now $-0.02. Most recently, Miller Industries reported earnings per share at $1.52, whereas in Q2 earnings per share sat at $1.29. Most recently, the company reported a dividend yield of 1.93%, which has increased by 0.02% from last quarter's yield of 1.91%.
Shoe Carnival's earnings per share for Q3 sits at $0.8, whereas in Q2, they were at 0.71. Most recently, the company reported a dividend yield of 1.64%, which has decreased by 0.51% from last quarter's yield of 2.15%.
Toll Brothers has reported Q4 earnings per share at $4.11, which has increased by 10.19% compared to Q3, which was 3.73. Its most recent dividend yield is at 0.91%, which has decreased by 0.17% from 1.08% in the previous quarter.
Solo Brands's earnings per share for Q3 sits at $0.28, whereas in Q2, they were at 0.22.
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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