What are Value Stocks?
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.
Below is a list of notable value stocks in the basic materials sector:
- Gerdau GGB - P/E: 3.75
- Suzano SUZ - P/E: 3.55
- New Gold NGD - P/E: 6.38
- Mosaic MOS - P/E: 4.36
- Celanese CE - P/E: 6.67
Gerdau saw a decrease in earnings per share from 0.51 in Q2 to $0.34 now. The company's most recent dividend yield sits at 25.26%, which has increased by 13.84% from 11.42% last quarter.
Most recently, Suzano reported earnings per share at $0.79, whereas in Q2 earnings per share sat at $0.03. New Gold has been featured as a value stock. New Gold's Q3 EPS sits at $-0.02, which has not changed since last quarter (Q2). Mosaic has reported Q3 earnings per share at $3.22, which has decreased by 11.54% compared to Q2, which was 3.64. Most recently, the company reported a dividend yield of 1.77%, which has increased by 0.59% from last quarter's yield of 1.18%.
Celanese saw a decrease in earnings per share from 4.99 in Q2 to $3.94 now. The company's most recent dividend yield sits at 2.95%, which has increased by 0.51% from 2.44% last 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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