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 basic materials sector that may be worth watching:
- Mosaic MOS - P/E: 9.31
- Loma Negra Cia Industria LOMA - P/E: 7.3
- Gerdau GGB - P/E: 5.49
- ICL Group ICL - P/E: 7.2
- Origin Mat ORGN - P/E: 2.91
Mosaic's earnings per share for Q3 sits at $0.68, whereas in Q2, they were at 1.04. The company's most recent dividend yield sits at 2.15%, which has increased by 0.06% from 2.09% last quarter.
Loma Negra Cia Industria saw an increase in earnings per share from 0.09 in Q2 to $0.26 now. This quarter, Gerdau experienced an increase in earnings per share, which was $0.35 in Q1 and is now $0.38. Its most recent dividend yield is at 8.19%, which has increased by 1.75% from 6.44% in the previous quarter.
ICL Group has reported Q3 earnings per share at $0.11, which has decreased by 15.38% compared to Q2, which was 0.13. The company's most recent dividend yield sits at 4.42%, which has increased by 0.43% from 3.99% last quarter.
Origin Mat has reported Q3 earnings per share at $0.22, which has increased by 540.0% compared to Q2, which was -0.05.
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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