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.
The following stocks are considered to be notable value stocks in the industrials sector:
- Grindrod Shipping Hldgs GRIN - P/E: 10.0
- AGCO AGCO - P/E: 7.5
- Bridger Aerospace Gr BAER - P/E: 0.74
- Target Hospitality TH - P/E: 7.15
- United Maritime USEA - P/E: 0.48
Most recently, Grindrod Shipping Hldgs reported earnings per share at $0.28, whereas in Q1 earnings per share sat at $-0.22. AGCO's earnings per share for Q3 sits at $3.97, whereas in Q2, they were at 4.29. Most recently, the company reported a dividend yield of 1.03%, which has increased by 0.17% from last quarter's yield of 0.86%.
This quarter, Bridger Aerospace Gr experienced an increase in earnings per share, which was $-0.55 in Q2 and is now $0.15. Target Hospitality's earnings per share for Q3 sits at $0.43, whereas in Q2, they were at 0.44. United Maritime's earnings per share for Q3 sits at $0.95, whereas in Q2, they were at -0.25. Its most recent dividend yield is at 11.54%, which has increased by 0.47% from 11.07% 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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