Market Overview

Overview Of Value Stocks In The Basic Materials Sector

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What is a Value Stock?

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.

Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:

  1. Commercial Metals (NYSE: CMC) - P/E: 9.0
  2. Verso (NYSE: VRS) - P/E: 2.53
  3. Turquoise Hill Resources (NYSE: TRQ) - P/E: 5.03
  4. Ciner Resources (NYSE: CINR) - P/E: 4.28
  5. Kraton (NYSE: KRA) - P/E: 2.51

Commercial Metals’s earnings per share for Q3 sits at 0.59, whereas in Q2, they were at 0.53. Most recently, the company reported a dividend yield of 2.62%, which has decreased by 0.99% from last quarter’s yield of 3.61%.

Most recently, Verso reported earnings per share at -0.99, whereas in Q1 earnings per share sat at 0.17. Verso does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Turquoise Hill Resources’s earnings per share for Q2 sits at 0.04, whereas in Q1, they were at 0.03. Turquoise Hill Resources does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Ciner Resources’s earnings per share for Q2 sits at -0.17, whereas in Q1, they were at 0.34. Its most recent dividend yield is at 12.04%, which has increased by 4.46% from 7.58% in the previous quarter.

Most recently, Kraton reported earnings per share at 0.3, whereas in Q1 earnings per share sat at 0.27. Kraton does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

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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