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 industrials sector that may be worth watching:
- CPI Aerostructures CVU - P/E: 5.04
- Performance Shipping PSHG - P/E: 0.04
- L S Starrett SCX - P/E: 5.13
- Harte-Hanks HHS - P/E: 1.38
- Triton International TRTN - P/E: 8.14
CPI Aerostructures has reported Q1 earnings per share at $0.08, which has increased by 166.67% compared to Q4, which was 0.03. Most recently, Performance Shipping reported earnings per share at $0.46, whereas in Q1 earnings per share sat at $0.55. L S Starrett's earnings per share for Q3 sits at $0.35, whereas in Q2, they were at 0.42. Most recently, the company reported a dividend yield of 4.73%, which has decreased by 0.4% from last quarter's yield of 5.13%.
Harte-Hanks's earnings per share for Q1 sits at $-0.11, whereas in Q4, they were at 0.08. The company's most recent dividend yield sits at 10.59%, which has increased by 0.76% from 9.83% last quarter.
Most recently, Triton International reported earnings per share at $2.38, whereas in Q1 earnings per share sat at $2.42. Most recently, the company reported a dividend yield of 3.32%, which has decreased by 0.07% from last quarter's yield of 3.39%.
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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