Companies Reporting Before The Bell
• Toyota Motor (NYSE:TM) is estimated to report earnings for its first quarter.
• BP (NYSE:BP) is projected to report quarterly earnings at $1.21 per share on revenue of $54.48 billion.
Weyco Group (NASDAQ:WEYS) reported quarterly earnings of $1.12 per share. This is a 115.38 percent increase over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $97.00
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.