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 consumer defensive sector:
- Tattooed Chef TTCF - P/E: 9.97
- Mannatech MTEX - P/E: 7.64
- Graham Hldgs GHC - P/E: 7.66
- Amcon Distributing DIT - P/E: 7.36
- United Natural Foods UNFI - P/E: 9.88
Most recently, Tattooed Chef reported earnings per share at -0.1, whereas in Q4 earnings per share sat at -0.01. Tattooed Chef does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, Mannatech reported earnings per share at 1.04, whereas in Q4 earnings per share sat at 0.34. Its most recent dividend yield is at 3.48%, which has decreased by 0.47% from 3.95% in the previous quarter.
Graham Hldgs has reported Q1 earnings per share at 4.18, which has decreased by 63.27% compared to Q4, which was 11.38. Its most recent dividend yield is at 0.97%, which has decreased by 0.01% from 0.98% in the previous quarter.
Amcon Distributing saw a decrease in earnings per share from 5.57 in Q1 to 4.33 now. The company's most recent dividend yield sits at 0.51%, which has decreased by 0.03% from 0.54% last quarter.
Most recently, United Natural Foods reported earnings per share at 1.25, whereas in Q1 earnings per share sat at 0.51. United Natural Foods does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.