Understanding Value Stocks
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 consumer defensive sector:
- United Natural Foods UNFI - P/E: 9.64
- Herbalife HLF - P/E: 5.61
- Albertsons Companies ACI - P/E: 9.73
- Cal-Maine Foods CALM - P/E: 2.86
- Seneca Foods SENEA - P/E: 8.69
United Natural Foods has reported Q3 earnings per share at $0.54, which has decreased by 30.77% compared to Q2, which was 0.78. Most recently, Herbalife reported earnings per share at $0.54, whereas in Q4 earnings per share sat at $0.53. Most recently, the company reported a dividend yield of 1.71%, which has decreased by 1.82% from last quarter's yield of 3.53%.
This quarter, Albertsons Companies experienced a decrease in earnings per share, which was $0.87 in Q3 and is now $0.79. Its most recent dividend yield is at 2.16%, which has decreased by 0.1% from 2.26% in the previous quarter.
Cal-Maine Foods saw an increase in earnings per share from 4.07 in Q2 to $6.62 now. Most recently, the company reported a dividend yield of 15.92%, which has increased by 7.45% from last quarter's yield of 8.47%.
Seneca Foods has reported Q4 earnings per share at $-1.2, which has decreased by 143.8% compared to Q3, which was 2.74.
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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