The Meaning Behind 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.
The following stocks are considered to be notable value stocks in the industrials sector:
- Toro TORO - P/E: 0.66
- United Airlines Holdings UAL - P/E: 4.76
- PROG Holdings PRG - P/E: 9.09
- Titan Intl TWI - P/E: 7.04
- CNH Industrial CNHI - P/E: 6.35
Toro saw a decrease in earnings per share from 0.92 in Q2 to $0.79 now. United Airlines Holdings has reported Q3 earnings per share at $3.65, which has decreased by 27.44% compared to Q2, which was 5.03. This quarter, PROG Holdings experienced a decrease in earnings per share, which was $0.92 in Q2 and is now $0.9. Most recently, Titan Intl reported earnings per share at $0.29, whereas in Q2 earnings per share sat at $0.43. The company's most recent dividend yield sits at 1.04%, which has increased by 0.45% from 0.59% last quarter.
CNH Industrial's earnings per share for Q3 sits at $0.42, whereas in Q2, they were at 0.52. Its most recent dividend yield is at 2.11%, which has increased by 1.09% from 1.02% 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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