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.
Benzinga Insights has compiled a list of value stocks in the consumer cyclical sector that may be worth watching:
- Century Communities CCS - P/E: 4.1
- Taylor Morrison Home TMHC - P/E: 4.19
- Asbury Automotive Group ABG - P/E: 5.21
- Capri Holdings CPRI - P/E: 9.64
- O-I Glass OI - P/E: 5.96
Century Communities saw a decrease in earnings per share from 4.44 in Q3 to $2.71 now. The company's most recent dividend yield sits at 1.43%, which has decreased by 0.4% from 1.83% last quarter.
Most recently, Taylor Morrison Home reported earnings per share at $2.72, whereas in Q2 earnings per share sat at $2.27. Asbury Automotive Group has reported Q4 earnings per share at $9.12, which has decreased by 1.19% compared to Q3, which was 9.23. Most recently, Capri Holdings reported earnings per share at $1.84, whereas in Q2 earnings per share sat at $1.79. O-I Glass has reported Q4 earnings per share at $0.38, which has decreased by 39.68% compared to Q3, which was 0.63. Most recently, the company reported a dividend yield of 1.54%, which has decreased by 0.33% from last quarter's yield of 1.87%.
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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