What are 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.
The following stocks are considered to be notable value stocks in the basic materials sector:
- Sylvamo (NYSE:SLVM) – P/E: 5.71
- Kronos Worldwide (NYSE:KRO) – P/E: 6.95
- CVR Partners (NYSE:UAN) – P/E: 4.21
- Nutrien (NYSE:NTR) – P/E: 5.21
- Boise Cascade (NYSE:BCC) – P/E: 3.07
Sylvamo saw an increase in earnings per share from 2.02 in Q2 to $2.51 now. Its most recent dividend yield is at 2.34%, which has increased by 1.12% from 1.22% in the previous quarter.
This quarter, Kronos Worldwide experienced a decrease in earnings per share, which was $0.4 in Q2 and is now $0.18. Its most recent dividend yield is at 7.93%, which has increased by 3.61% from 4.32% in the previous quarter.
CVR Partners saw a decrease in earnings per share from 11.12 in Q2 to $-1.87 now. Most recently, the company reported a dividend yield of 5.82%, which has decreased by 30.92% from last quarter’s yield of 36.74%.
Nutrien saw a decrease in earnings per share from 5.85 in Q2 to $2.51 now. Its most recent dividend yield is at 2.31%, which has decreased by 0.03% from 2.34% in the previous quarter.
This quarter, Boise Cascade experienced an increase in earnings per share, which was $5.49 in Q2 and is now $5.52.
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.
