What Defines a Value Stock?

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 industrials sector:

1. Preformed Line Products PLPC - P/E: 8.79
2. Sterling Construction Co STRL - P/E: 7.49
3. L.B. Foster FSTR - P/E: 3.27
4. GFL Environmental GFL - P/E: 1.42
5. Air Lease AL - P/E: 6.93

Preformed Line Products’s earnings per share for Q3 sits at 2.59, whereas in Q2, they were at 2.11. Its most recent dividend yield is at 1.58%, which has ('', 'not changed') by 0.0% from 1.58% in the previous quarter.

Sterling Construction Co’s earnings per share for Q3 sits at 0.55, whereas in Q2, they were at 0.65. Sterling Construction Co does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

L.B. Foster saw a decrease in earnings per share from 0.41 in Q2 to 0.09 now. Its most recent dividend yield is at 1.57%, which has increased by 0.18% from 1.39% in the previous quarter.

GFL Environmental saw an increase in earnings per share from 0.03 in Q2 to 0.13 now. GFL Environmental does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Air Lease’s earnings per share for Q3 sits at 1.47, whereas in Q2, they were at 1.71. Most recently, the company reported a dividend yield of 2.09%, which has decreased by 0.09% from last quarter’s yield of 2.18%.

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.