Understanding 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:
- Universal Logistics Hldgs ULH - P/E: 8.38
- Lightning eMotors ZEV - P/E: 9.0
- Greenland Technologies GTEC - P/E: 4.8
- TrueBlue TBI - P/E: 8.86
- NL Industries NL - P/E: 5.57
This quarter, Universal Logistics Hldgs experienced an increase in earnings per share, which was $1.56 in Q1 and is now $1.69. Its most recent dividend yield is at 1.46%, which has decreased by 0.44% from 1.9% in the previous quarter.
Lightning eMotors has reported Q2 earnings per share at $-0.21, which has increased by 16.0% compared to Q1, which was -0.25. This quarter, Greenland Technologies experienced a decrease in earnings per share, which was $0.16 in Q1 and is now $0.13. This quarter, TrueBlue experienced a decrease in earnings per share, which was $0.82 in Q2 and is now $0.75. NL Industries's earnings per share for Q2 sits at $0.62, whereas in Q1, they were at 0.38.
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.
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