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 consumer defensive sector:
- SpartanNash SPTN - P/E: 9.81
- Ingles Markets IMKTA - P/E: 4.83
- Big Lots BIG - P/E: 4.03
- Mannatech MTEX - P/E: 5.57
- Seneca Foods SENEB - P/E: 3.39
SpartanNash's earnings per share for Q3 sits at 0.7, whereas in Q2, they were at 0.73. Most recently, the company reported a dividend yield of 4.18%, which has increased by 0.33% from last quarter's yield of 3.85%.
Ingles Markets's earnings per share for Q1 sits at 2.66, whereas in Q4, they were at 2.99. The company's most recent dividend yield sits at 1.62%, which has decreased by 0.19% from 1.81% last quarter.
Big Lots has reported Q3 earnings per share at 0.76, which has decreased by 72.36% compared to Q2, which was 2.75. Most recently, the company reported a dividend yield of 2.18%, which has increased by 0.03% from last quarter's yield of 2.15%.
Mannatech has reported Q3 earnings per share at 0.76, which has increased by 61.7% compared to Q2, which was 0.47. Mannatech does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
This quarter, Seneca Foods experienced an increase in earnings per share, which was 1.97 in Q2 and is now 7.9. Seneca Foods does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
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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