The Meaning Behind Value Stocks
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.
The following stocks are considered to be notable value stocks in the basic materials sector:
- Algoma Steel Gr (NASDAQ:ASTL) – P/E: 3.85
- ICL Group (NYSE:ICL) – P/E: 3.71
- Sylvamo (NYSE:SLVM) – P/E: 6.15
- Nucor (NYSE:NUE) – P/E: 6.09
- Suzano (NYSE:SUZ) – P/E: 2.22
Algoma Steel Gr has reported Q3 earnings per share at $-0.48, which has decreased by 271.43% compared to Q2, which was 0.28. Its most recent dividend yield is at 2.42%, which has decreased by 0.3% from 2.72% in the previous quarter.
ICL Group saw a decrease in earnings per share from 0.49 in Q3 to $0.28 now. Its most recent dividend yield is at 7.21%, which has decreased by 3.91% from 11.12% in the previous quarter.
Sylvamo saw a decrease in earnings per share from 2.51 in Q3 to $1.97 now. Its most recent dividend yield is at 2.14%, which has decreased by 0.2% from 2.34% in the previous quarter.
Most recently, Nucor reported earnings per share at $4.45, whereas in Q4 earnings per share sat at $4.89. Most recently, the company reported a dividend yield of 1.21%, which has decreased by 0.16% from last quarter’s yield of 1.37%.
Suzano saw an increase in earnings per share from 0.79 in Q3 to $1.08 now.
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.
