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.
Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:
- Eastman Kodak KODK - P/E: 5.12
- Greenpro Capital GRNQ - P/E: 4.33
- Bridger Aerospace Gr BAER - P/E: 0.76
- United Airlines Holdings UAL - P/E: 5.69
- Ryerson Holding RYI - P/E: 7.8
Most recently, Eastman Kodak reported earnings per share at $0.0, whereas in Q2 earnings per share sat at $0.32. Greenpro Capital has reported Q3 earnings per share at $-0.02, which has decreased by 102.33% compared to Q2, which was 0.86. Most recently, Bridger Aerospace Gr reported earnings per share at $0.15, whereas in Q2 earnings per share sat at $-0.55. United Airlines Holdings saw a decrease in earnings per share from 3.65 in Q3 to $2.0 now. Most recently, Ryerson Holding reported earnings per share at $0.73, whereas in Q3 earnings per share sat at $1.0. Its most recent dividend yield is at 2.15%, which has decreased by 0.56% from 2.71% in the previous quarter.
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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