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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.
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The following stocks are considered to be notable value stocks in the consumer cyclical sector:
- International Paper (NYSE:IP) - P/E: 7.35
- Destination XL Group (NASDAQ:DXLG) - P/E: 4.22
- Murphy USA (NYSE:MUSA) - P/E: 8.7
- FGI Industries (NASDAQ:FGI) - P/E: 4.26
- Ethan Allen Interiors (NYSE:ETD) - P/E: 6.09
International Paper's earnings per share for Q4 sits at $0.87, whereas in Q3, they were at 1.01. Most recently, the company reported a dividend yield of 5.0%, which has decreased by 0.86% from last quarter's yield of 5.86%.
This quarter, Destination XL Group experienced a decrease in earnings per share, which was $0.32 in Q2 and is now $0.16. Murphy USA has reported Q4 earnings per share at $5.21, which has decreased by 43.86% compared to Q3, which was 9.28. The company's most recent dividend yield sits at 0.56%, which has increased by 0.06% from 0.5% last quarter.
FGI Industries's earnings per share for Q3 sits at $0.11, whereas in Q2, they were at 0.1. Most recently, Ethan Allen Interiors reported earnings per share at $1.1, whereas in Q1 earnings per share sat at $1.11. Its most recent dividend yield is at 4.52%, which has increased by 0.04% from 4.48% in the previous quarter.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.