What are 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:
- Steel Partners Holdings SPLP - P/E: 5.92
- P.A.M. Transportation PTSI - P/E: 9.81
- SPAR Group SGRP - P/E: 7.08
- Danaos DAC - P/E: 3.77
- USD Partners USDP - P/E: 8.75
Most recently, Steel Partners Holdings reported earnings per share at 1.6, whereas in Q4 earnings per share sat at 2.21. Its most recent dividend yield is at 7.94%, which has increased by 7.94% from 0.0% in the previous quarter.
This quarter, P.A.M. Transportation experienced an increase in earnings per share, which was 1.98 in Q4 and is now 2.08. P.A.M. Transportation does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
This quarter, SPAR Group experienced a decrease in earnings per share, which was 0.1 in Q4 and is now 0.04. SPAR Group does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, Danaos reported earnings per share at 2.83, whereas in Q4 earnings per share sat at 2.29. Danaos does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
USD Partners saw an increase in earnings per share from 0.24 in Q4 to 0.26 now. Most recently, the company reported a dividend yield of 8.09%, which has decreased by 0.3% from last quarter's yield of 8.39%.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.