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.
Below is a list of notable value stocks in the industrials sector:
- RCM Technologies RCMT - P/E: 6.13
- Genco Shipping & Trading GNK - P/E: 2.92
- Triumph Group TGI - P/E: 7.27
- Hudson Global HSON - P/E: 8.03
- Avis Budget Gr CAR - P/E: 3.13
RCM Technologies's earnings per share for Q3 sits at $0.33, whereas in Q2, they were at 0.57. The company's most recent dividend yield sits at 0.0%, which has ('', 'not changed') by 0.0% from 0.0% last quarter.
Genco Shipping & Trading's earnings per share for Q3 sits at $1.0, whereas in Q2, they were at 1.1. Most recently, the company reported a dividend yield of 21.15%, which has increased by 10.72% from last quarter's yield of 10.43%.
This quarter, Triumph Group experienced a decrease in earnings per share, which was $0.12 in Q1 and is now $0.07. The company's most recent dividend yield sits at 0.66%, which has increased by 0.1% from 0.56% last quarter.
This quarter, Hudson Global experienced a decrease in earnings per share, which was $1.25 in Q2 and is now $0.58. This quarter, Avis Budget Gr experienced an increase in earnings per share, which was $15.94 in Q2 and is now $21.7.
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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