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:
- Covenant Logistics Gr CVLG - P/E: 5.43
- Titan Intl TWI - P/E: 6.03
- TopBuild BLD - P/E: 9.87
- Draganfly DPRO - P/E: 5.43
- Pangaea Logistics Solns PANL - P/E: 2.77
Covenant Logistics Gr has reported Q3 earnings per share at $1.52, which has decreased by 6.75% compared to Q2, which was 1.63. The company's most recent dividend yield sits at 0.81%, which has decreased by 0.16% from 0.97% last quarter.
Most recently, Titan Intl reported earnings per share at $0.54, whereas in Q2 earnings per share sat at $0.79. The company's most recent dividend yield sits at 1.04%, which has increased by 0.45% from 0.59% last quarter.
This quarter, TopBuild experienced an increase in earnings per share, which was $4.43 in Q2 and is now $4.8. Draganfly's earnings per share for Q3 sits at $-0.12, whereas in Q2, they were at 0.01. Pangaea Logistics Solns has reported Q3 earnings per share at $0.52, which has decreased by 18.75% compared to Q2, which was 0.64. Its most recent dividend yield is at 7.78%, which has increased by 1.84% from 5.94% 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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