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 basic materials sector:
- Vale VALE - P/E: 4.74
- Olin OLN - P/E: 6.6
- Commercial Metals CMC - P/E: 5.13
- LSB Industries LXU - P/E: 5.24
- Celanese CE - P/E: 7.1
Vale's earnings per share for Q4 sits at $0.82, whereas in Q3, they were at 0.98. Its most recent dividend yield is at 4.15%, which has increased by 3.48% from 0.67% in the previous quarter.
Most recently, Olin reported earnings per share at $1.43, whereas in Q3 earnings per share sat at $2.18. The company's most recent dividend yield sits at 1.32%, which has decreased by 0.3% from 1.62% last quarter.
Commercial Metals has reported Q1 earnings per share at $2.24, which has decreased by 8.57% compared to Q4, which was 2.45. Most recently, the company reported a dividend yield of 1.31%, which has decreased by 0.29% from last quarter's yield of 1.6%.
LSB Industries's earnings per share for Q4 sits at $0.9, whereas in Q3, they were at 0.27. Celanese's earnings per share for Q4 sits at $1.44, whereas in Q3, they were at 3.94. Its most recent dividend yield is at 2.26%, which has decreased by 0.69% from 2.95% 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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