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.
Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:
- Chemours CC - P/E: 5.58
- Koppers Hldgs KOP - P/E: 8.84
- ICL Group ICL - P/E: 5.07
- Gulf GURE - P/E: 3.39
- Univar Solns UNVR - P/E: 9.06
Chemours saw a decrease in earnings per share from 1.89 in Q2 to $1.24 now. Its most recent dividend yield is at 3.46%, which has increased by 0.52% from 2.94% in the previous quarter.
Koppers Hldgs saw an increase in earnings per share from 0.97 in Q2 to $1.19 now. Its most recent dividend yield is at 0.83%, which has ('', 'not changed') by 0.0% from 0.83% in the previous quarter.
Most recently, ICL Group reported earnings per share at $0.49, whereas in Q2 earnings per share sat at $0.58. Most recently, the company reported a dividend yield of 11.12%, which has decreased by 1.13% from last quarter's yield of 12.25%.
Gulf saw an increase in earnings per share from 0.37 in Q2 to $0.86 now. Most recently, Univar Solns reported earnings per share at $0.84, whereas in Q2 earnings per share sat at $1.0.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
© 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.