What is a Value Stock?
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:
- Perimeter Solutions PRM - P/E: 5.35
- Ferroglobe GSM - P/E: 6.22
- Warrior Met Coal HCC - P/E: 5.49
- Ramaco Resources METC - P/E: 5.93
- Cemex CX - P/E: 3.96
Perimeter Solutions has reported Q2 earnings per share at $0.31, which has increased by 416.67% compared to Q1, which was 0.06. Ferroglobe's earnings per share for Q2 sits at $0.3, whereas in Q1, they were at 0.05. Its most recent dividend yield is at 2.99%, which has increased by 0.88% from 2.11% in the previous quarter.
Warrior Met Coal saw a decrease in earnings per share from 3.57 in Q1 to $1.63 now. The company's most recent dividend yield sits at 0.66%, which has decreased by 0.1% from 0.76% last quarter.
Ramaco Resources has reported Q2 earnings per share at $0.17, which has decreased by 70.18% compared to Q1, which was 0.57. The company's most recent dividend yield sits at 5.57%, which has decreased by 0.23% from 5.8% last quarter.
Cemex's earnings per share for Q2 sits at $0.18, whereas in Q1, they were at 0.15.
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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.