What Defines a Value Stock?
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 industrials sector that may be worth watching:
- AGCO AGCO - P/E: 7.87
- Danaos DAC - P/E: 2.49
- Bridger Aerospace Gr BAER - P/E: 0.89
- Navios Maritime Partners NMM - P/E: 2.02
- Hyster-Yale Materials HY - P/E: 9.5
AGCO has reported Q3 earnings per share at $3.97, which has decreased by 7.46% compared to Q2, which was 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%.
Most recently, Danaos reported earnings per share at $7.26, whereas in Q2 earnings per share sat at $7.14. Its most recent dividend yield is at 5.05%, which has increased by 0.65% from 4.4% in the previous quarter.
Bridger Aerospace Gr's earnings per share for Q3 sits at $0.15, whereas in Q2, they were at -0.55. Navios Maritime Partners's earnings per share for Q3 sits at $2.68, whereas in Q2, they were at 3.32. Its most recent dividend yield is at 0.88%, which has increased by 0.01% from 0.87% in the previous quarter.
Most recently, Hyster-Yale Materials reported earnings per share at $2.06, whereas in Q2 earnings per share sat at $2.21. The company's most recent dividend yield sits at 2.9%, which has increased by 0.07% from 2.83% 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.
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