The Meaning Behind 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 consumer defensive sector that may be worth watching:
- Seneca Foods SENEB - P/E: 7.76
- Adecoagro AGRO - P/E: 8.37
- Bridgford Foods BRID - P/E: 2.5
- Post Hldgs POST - P/E: 6.44
- Herbalife HLF - P/E: 5.31
Seneca Foods's earnings per share for Q3 sits at $2.74, whereas in Q2, they were at 2.03. This quarter, Adecoagro experienced a decrease in earnings per share, which was $0.43 in Q3 and is now $0.17. Most recently, the company reported a dividend yield of 7.86%, which has increased by 0.43% from last quarter's yield of 7.43%.
Most recently, Bridgford Foods reported earnings per share at $0.1, whereas in Q4 earnings per share sat at $0.29. Post Hldgs saw an increase in earnings per share from 1.08 in Q1 to $1.1 now. Most recently, the company reported a dividend yield of 6.43%, which has increased by 0.76% from last quarter's yield of 5.67%.
Herbalife's earnings per share for Q1 sits at $0.54, whereas in Q4, they were at 0.53. Most recently, the company reported a dividend yield of 1.71%, which has decreased by 1.82% from last quarter's yield of 3.53%.
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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