What Defines 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 industrials sector:
- Preformed Line Products PLPC - P/E: 9.53
- Eastern Co EML - P/E: 9.49
- GrafTech International EAF - P/E: 2.84
- Wilhelmina International WHLM - P/E: 5.45
- ZIM Integrated Shipping ZIM - P/E: 0.44
Preformed Line Products saw a decrease in earnings per share from 2.77 in Q2 to $2.36 now. Most recently, the company reported a dividend yield of 1.0%, which has decreased by 0.3% from last quarter's yield of 1.3%.
Eastern Co has reported Q3 earnings per share at $0.65, which has increased by 10.17% compared to Q2, which was 0.59. Most recently, the company reported a dividend yield of 2.05%, which has decreased by 0.08% from last quarter's yield of 2.13%.
GrafTech International saw a decrease in earnings per share from 0.44 in Q2 to $0.37 now. Most recently, the company reported a dividend yield of 0.92%, which has increased by 0.35% from last quarter's yield of 0.57%.
Wilhelmina International saw an increase in earnings per share from 0.18 in Q2 to $0.37 now. Most recently, ZIM Integrated Shipping reported earnings per share at $9.66, whereas in Q2 earnings per share sat at $11.07. Most recently, the company reported a dividend yield of 44.75%, which has increased by 7.42% from last quarter's yield of 37.33%.
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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