What are 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.
Below is a list of notable value stocks in the industrials sector:
- Air Lease AL - P/E: 8.53
- AGCO AGCO - P/E: 7.33
- Avis Budget Gr CAR - P/E: 3.93
- Harte-Hanks HHS - P/E: 2.15
- Nordic American Tankers NAT - P/E: 7.38
Air Lease has reported Q3 earnings per share at $1.59, which has increased by 0.63% compared to Q2, which was 1.58. The company's most recent dividend yield sits at 2.38%, which has increased by 0.49% from 1.89% last quarter.
AGCO's earnings per share for Q3 sits at $3.97, whereas in Q2, they were at 4.29. Most recently, the company reported a dividend yield of 1.03%, which has increased by 0.17% from last quarter's yield of 0.86%.
This quarter, Avis Budget Gr experienced an increase in earnings per share, which was $11.01 in Q2 and is now $16.78. Harte-Hanks saw a decrease in earnings per share from 0.16 in Q2 to $0.08 now. Most recently, the company reported a dividend yield of 10.59%, which has increased by 0.76% from last quarter's yield of 9.83%.
Nordic American Tankers's earnings per share for Q3 sits at $0.04, whereas in Q2, they were at 0.13. Its most recent dividend yield is at 12.68%, which has decreased by 3.54% from 16.22% in the previous 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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