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.
Benzinga Insights has compiled a list of value stocks in the consumer cyclical sector that may be worth watching:
- Jack In The Box JACK - P/E: 9.23
- PENN Entertainment PENN - P/E: 5.15
- Digital Brands Group DBGI - P/E: 0.02
- Kingsway Financial Servs KFS - P/E: 3.0
- Advance Auto Parts AAP - P/E: 9.32
Jack In The Box has reported Q3 earnings per share at $1.45, which has decreased by 1.36% compared to Q2, which was 1.47. Its most recent dividend yield is at 1.86%, which has ('', 'not changed') by 0.0% from 1.86% in the previous quarter.
PENN Entertainment saw an increase in earnings per share from 0.44 in Q1 to $0.48 now. Digital Brands Group's earnings per share for Q2 sits at $9.5, whereas in Q1, they were at -27.0. Kingsway Financial Servs saw a decrease in earnings per share from 1.05 in Q1 to $-0.06 now. Advance Auto Parts has reported Q2 earnings per share at $1.43, which has increased by 98.61% compared to Q1, which was 0.72. The company's most recent dividend yield sits at 1.41%, which has increased by 0.52% from 0.89% 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.