The Meaning Behind 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 industrials sector:
- Crane NXT CXT - P/E: 7.54
- Herc Hldgs HRI - P/E: 8.71
- United Maritime USEA - P/E: 0.46
- Shyft Group SHYF - P/E: 9.88
- Euroseas ESEA - P/E: 1.79
Crane NXT saw an increase in earnings per share from 0.97 in Q1 to $1.12 now. Most recently, Herc Hldgs reported earnings per share at $4.0, whereas in Q2 earnings per share sat at $2.69. Its most recent dividend yield is at 1.91%, which has decreased by 0.62% from 2.53% in the previous quarter.
United Maritime has reported Q2 earnings per share at $-0.25, which has increased by 47.92% compared to Q1, which was -0.48. The company's most recent dividend yield sits at 11.54%, which has increased by 0.47% from 11.07% last quarter.
Shyft Group saw an increase in earnings per share from 0.12 in Q1 to $0.25 now. Its most recent dividend yield is at 1.37%, which has increased by 0.56% from 0.81% in the previous quarter.
Most recently, Euroseas reported earnings per share at $4.17, whereas in Q1 earnings per share sat at $3.09. The company's most recent dividend yield sits at 9.18%, which has decreased by 1.48% from 10.66% last 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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