The Meaning Behind 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.
Below is a list of notable value stocks in the basic materials sector:
- Sisecam Resources SIRE - P/E: 8.16
- Koppers Hldgs KOP - P/E: 9.72
- Celanese CE - P/E: 7.93
- Mosaic MOS - P/E: 4.88
- Nutrien NTR - P/E: 5.58
Sisecam Resources has reported Q4 earnings per share at $0.83, which has increased by 9.21% compared to Q3, which was 0.76. The company's most recent dividend yield sits at 8.23%, which has decreased by 0.67% from 8.9% last quarter.
Koppers Hldgs has reported Q3 earnings per share at $1.19, which has increased by 22.68% compared to Q2, which was 0.97. Most recently, the company reported a dividend yield of 0.83%, which has ('', 'not changed') by 0.0% from last quarter's yield of 0.83%.
Celanese has reported Q3 earnings per share at $3.94, which has decreased by 21.04% compared to Q2, which was 4.99. Most recently, the company reported a dividend yield of 2.26%, which has decreased by 0.69% from last quarter's yield of 2.95%.
This quarter, Mosaic experienced a decrease in earnings per share, which was $3.64 in Q2 and is now $3.22. Most recently, the company reported a dividend yield of 1.77%, which has increased by 0.59% from last quarter's yield of 1.18%.
Nutrien has reported Q3 earnings per share at $2.51, which has decreased by 57.09% compared to Q2, which was 5.85. The company's most recent dividend yield sits at 2.31%, which has decreased by 0.03% from 2.34% 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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