Understanding 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:
- S&W Seed SANW - P/E: 4.68
- Grove Collaborative Hldgs GROV - P/E: 0.21
- Sunlands Technology STG - P/E: 0.72
- Fresh Del Monte Produce FDP - P/E: 8.85
- Village Super Market VLGEA - P/E: 6.92
S&W Seed's earnings per share for Q3 sits at $-0.07, whereas in Q2, they were at -0.13. Most recently, Grove Collaborative Hldgs reported earnings per share at $-0.32, whereas in Q1 earnings per share sat at $-0.4. This quarter, Sunlands Technology experienced a decrease in earnings per share, which was $1.9 in Q1 and is now $1.73. This quarter, Fresh Del Monte Produce experienced an increase in earnings per share, which was $0.55 in Q1 and is now $0.96. Most recently, the company reported a dividend yield of 3.01%, which has increased by 0.22% from last quarter's yield of 2.79%.
Village Super Market's earnings per share for Q3 sits at $0.69, whereas in Q2, they were at 0.85. The company's most recent dividend yield sits at 4.4%, which has decreased by 0.01% from 4.41% 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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