A Look Into Basic Materials Sector Value Stocks

What are 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.

Below is a list of notable value stocks in the basic materials sector:

1. FutureFuel FF - P/E: 7.49
2. Nutrien NTR - P/E: 8.72
3. Hudson Technologies HDSN - P/E: 9.26
4. Steel Dynamics STLD - P/E: 6.13
5. Ramaco Resources METC - P/E: 6.51

This quarter, FutureFuel experienced a decrease in earnings per share, which was $0.48 in Q1 and is now $-0.23. Its most recent dividend yield is at 2.78%, which has ('', 'not changed') by 0.0% from 2.78% in the previous quarter.

Nutrien's earnings per share for Q2 sits at $2.53, whereas in Q1, they were at 1.11. Most recently, the company reported a dividend yield of 3.16%, which has decreased by 0.16% from last quarter's yield of 3.32%.

Hudson Technologies has reported Q2 earnings per share at $0.41, which has increased by 24.24% compared to Q1, which was 0.33. Most recently, Steel Dynamics reported earnings per share at $4.81, whereas in Q1 earnings per share sat at $4.01. Most recently, the company reported a dividend yield of 1.61%, which has decreased by 0.14% from last quarter's yield of 1.75%.

Ramaco Resources's earnings per share for Q2 sits at $0.17, whereas in Q1, they were at 0.57. Most recently, the company reported a dividend yield of 5.57%, which has decreased by 0.23% from last quarter's yield of 5.8%.

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.