Overview Of Value Stocks In The Basic Materials Sector
The Meaning Behind 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:
- Fury Gold Mines (AMEX:FURY) - P/E: 4.16
- Mercer Intl (NASDAQ:MERC) - P/E: 2.49
- Flexible Solutions Intl (AMEX:FSI) - P/E: 5.93
- Albemarle (NYSE:ALB) - P/E: 8.61
- LSB Industries (NYSE:LXU) - P/E: 3.64
Fury Gold Mines's earnings per share for Q4 sits at $0.02, whereas in Q3, they were at -0.09. Mercer Intl has reported Q4 earnings per share at $0.3, which has decreased by 70.0% compared to Q3, which was 1.0. Its most recent dividend yield is at 2.59%, which has increased by 0.53% from 2.06% in the previous quarter.
Flexible Solutions Intl's earnings per share for Q4 sits at $0.22, whereas in Q3, they were at 0.09. Albemarle saw an increase in earnings per share from 7.5 in Q3 to $8.62 now. Most recently, the company reported a dividend yield of 0.65%, which has increased by 0.07% from last quarter's yield of 0.58%.
LSB Industries's earnings per share for Q4 sits at $0.9, whereas in Q3, they were at 0.27.
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.