Understanding 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.
Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:
- PROG Holdings PRG - P/E: 8.96
- AerCap Holdings AER - P/E: 6.88
- United Airlines Holdings UAL - P/E: 4.51
- Universal Logistics Hldgs ULH - P/E: 7.4
- MDU Resources Gr MDU - P/E: 7.32
This quarter, PROG Holdings experienced a decrease in earnings per share, which was $0.92 in Q2 and is now $0.9. AerCap Holdings saw an increase in earnings per share from 2.56 in Q2 to $2.81 now. United Airlines Holdings's earnings per share for Q3 sits at $3.65, whereas in Q2, they were at 5.03. This quarter, Universal Logistics Hldgs experienced a decrease in earnings per share, which was $0.9 in Q2 and is now $0.88. The company's most recent dividend yield sits at 1.84%, which has increased by 0.52% from 1.32% last quarter.
MDU Resources Gr looks to be undervalued. It possesses an EPS of $0.29, which has not changed since last quarter (Q2). Most recently, the company reported a dividend yield of 2.67%, which has increased by 0.42% from last quarter's yield of 2.25%.
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.
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