What are 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.
Below is a list of notable value stocks in the industrials sector:
- Mueller Industries (NYSE:MLI) - P/E: 8.74
- Preformed Line Products (NASDAQ:PLPC) - P/E: 9.17
- Pangaea Logistics Solns (NASDAQ:PANL) - P/E: 9.09
- Allegiant Travel (NASDAQ:ALGT) - P/E: 8.93
- American Airlines Group (NASDAQ:AAL) - P/E: 5.9
Mueller Industries has reported Q3 earnings per share at $0.59, which has decreased by 62.18% compared to Q2, which was 1.56. Its most recent dividend yield is at 1.53%, which has increased by 0.04% from 1.49% in the previous quarter.
Most recently, Preformed Line Products reported earnings per share at $3.03, whereas in Q2 earnings per share sat at $4.08. Most recently, the company reported a dividend yield of 0.61%, which has increased by 0.11% from last quarter's yield of 0.5%.
Pangaea Logistics Solns saw an increase in earnings per share from 0.1 in Q2 to $0.32 now. Its most recent dividend yield is at 6.62%, which has increased by 0.91% from 5.71% in the previous quarter.
Allegiant Travel's earnings per share for Q3 sits at $0.09, whereas in Q2, they were at 4.35. The company's most recent dividend yield sits at 3.91%, which has increased by 1.94% from 1.97% last quarter.
Most recently, American Airlines Group reported earnings per share at $0.38, whereas in Q2 earnings per share sat at $1.92. Most recently, the company reported a dividend yield of 1.46%, which has increased by 0.05% from last quarter's yield of 1.41%.
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.