5 Value Stocks In The Industrials Sector
What Defines 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.
The following stocks are considered to be notable value stocks in the industrials sector:
- Forward Air (NASDAQ:FWRD) - P/E: 9.83
- Eastman Kodak (NYSE:KODK) - P/E: 4.93
- Intuitive Machines (NASDAQ:LUNR) - P/E: 1.85
- Titan Intl (NYSE:TWI) - P/E: 7.07
- Ardmore Shipping (NYSE:ASC) - P/E: 4.84
Most recently, Forward Air reported earnings per share at $0.99, whereas in Q2 earnings per share sat at $0.91. Its most recent dividend yield is at 1.29%, which has increased by 0.49% from 0.8% in the previous quarter.
Eastman Kodak saw a decrease in earnings per share from 0.32 in Q2 to $0.0 now. This quarter, Intuitive Machines experienced a decrease in earnings per share, which was $1.52 in Q2 and is now $1.29. Most recently, Titan Intl reported earnings per share at $0.29, whereas in Q2 earnings per share sat at $0.43. The company's most recent dividend yield sits at 1.04%, which has increased by 0.45% from 0.59% last quarter.
This quarter, Ardmore Shipping experienced a decrease in earnings per share, which was $0.57 in Q2 and is now $0.49. The company's most recent dividend yield sits at 4.7%, which has decreased by 0.7% from 5.4% last quarter.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
