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What is a Value Stock?
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 labeled 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: 5.36
SpartanNash (NASDAQ: SPTN) - P/E: 9.98
Kroger (NYSE: KR) - P/E: 8.23
Sprouts Farmers Market (NASDAQ: SFM) - P/E: 9.44
Perdoceo Education (NASDAQ: PRDO) - P/E: 6.79
Most recently, Ingles Markets reported earnings per share at 3.1, whereas in Q2 earnings per share sat at 1.99. Its most recent dividend yield is at 1.81%, which has increased by 0.17% from 1.64% in the previous quarter.
SpartanNash’s earnings per share for Q3 sits at 0.7, whereas in Q2, they were at 0.73. Its most recent dividend yield is at 4.18%, which has increased by 0.33% from 3.85% in the previous quarter.
Kroger saw a decrease in earnings per share from 0.73 in Q2 to 0.71 now. Its most recent dividend yield is at 2.25%, which has increased by 0.06% from 2.19% in the previous quarter.
Sprouts Farmers Market saw a decrease in earnings per share from 0.59 in Q2 to 0.52 now. Sprouts Farmers Market does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, Perdoceo Education reported earnings per share at 0.35, whereas in Q2 earnings per share sat at 0.41. Perdoceo Education does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
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.
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