The Meaning Behind 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.
Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:
- Nutrien NTR - P/E: 8.94
- Perimeter Solutions PRM - P/E: 9.69
- Suzano SUZ - P/E: 2.74
- Nucor NUE - P/E: 7.9
- Gerdau GGB - P/E: 4.31
This quarter, Nutrien experienced an increase in earnings per share, which was $1.11 in Q1 and is now $2.53. Its most recent dividend yield is at 3.16%, which has decreased by 0.16% from 3.32% in the previous quarter.
Perimeter Solutions's earnings per share for Q2 sits at $0.31, whereas in Q1, they were at 0.06. Suzano's earnings per share for Q1 sits at $0.76, whereas in Q4, they were at 1.08. Nucor saw an increase in earnings per share from 4.45 in Q1 to $5.81 now. The company's most recent dividend yield sits at 1.38%, which has increased by 0.17% from 1.21% last quarter.
Most recently, Gerdau reported earnings per share at $0.35, whereas in Q4 earnings per share sat at $0.1. Its most recent dividend yield is at 2.7%, which has decreased by 22.56% from 25.26% in the previous 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.
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