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 consumer defensive sector:
- Archer-Daniels Midland ADM - P/E: 9.85
- Grove Collaborative Hldgs GROV - P/E: 0.14
- Chegg CHGG - P/E: 7.1
- Fresh Del Monte Produce FDP - P/E: 8.82
- Bridgford Foods BRID - P/E: 2.2
This quarter, Archer-Daniels Midland experienced a decrease in earnings per share, which was $2.09 in Q1 and is now $1.89. The company's most recent dividend yield sits at 2.12%, which has decreased by 0.28% from 2.4% last quarter.
Grove Collaborative Hldgs's earnings per share for Q2 sits at $-0.32, whereas in Q1, they were at -0.4. Chegg's earnings per share for Q2 sits at $0.28, whereas in Q1, they were at 0.27. Fresh Del Monte Produce has reported Q2 earnings per share at $0.96, which has increased by 74.55% compared to Q1, which was 0.55. The company's most recent dividend yield sits at 3.01%, which has increased by 0.22% from 2.79% last quarter.
This quarter, Bridgford Foods experienced a decrease in earnings per share, which was $0.1 in Q1 and is now $0.02.
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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