5 Value Stocks To Watch In The Consumer Defensive Sector
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.
Benzinga Insights has compiled a list of value stocks in the consumer defensive sector that may be worth watching:
- Ingles Markets (NASDAQ:IMKTA) - P/E: 6.38
- United Natural Foods (NYSE:UNFI) - P/E: 9.78
- Village Super Market (NASDAQ:VLGEA) - P/E: 7.21
- Seneca Foods (NASDAQ:SENEA) - P/E: 8.46
- Seneca Foods (NASDAQ:SENEB) - P/E: 8.42
Ingles Markets's earnings per share for Q2 sits at $2.13, whereas in Q1, they were at 3.65. Its most recent dividend yield is at 0.79%, which has increased by 0.04% from 0.75% in the previous quarter.
United Natural Foods's earnings per share for Q3 sits at $0.54, whereas in Q2, they were at 0.78. Most recently, Village Super Market reported earnings per share at $0.69, whereas in Q2 earnings per share sat at $0.85. The company's most recent dividend yield sits at 4.4%, which has decreased by 0.01% from 4.41% last quarter.
Most recently, Seneca Foods reported earnings per share at $-1.2, whereas in Q3 earnings per share sat at $2.74. Most recently, Seneca Foods reported earnings per share at $2.74, whereas in Q2 earnings per share sat at $2.03.
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.