U.S. markets closed
  • S&P Futures

    4,160.75
    -1.75 (-0.04%)
     
  • Dow Futures

    33,912.00
    -11.00 (-0.03%)
     
  • Nasdaq Futures

    14,005.75
    -8.25 (-0.06%)
     
  • Russell 2000 Futures

    2,254.30
    -1.40 (-0.06%)
     
  • Crude Oil

    63.29
    -0.17 (-0.27%)
     
  • Gold

    1,765.70
    -1.10 (-0.06%)
     
  • Silver

    25.92
    -0.04 (-0.15%)
     
  • EUR/USD

    1.1972
    -0.0004 (-0.04%)
     
  • 10-Yr Bond

    1.5300
    -0.1080 (-6.59%)
     
  • Vix

    16.57
    -0.42 (-2.47%)
     
  • GBP/USD

    1.3781
    -0.0003 (-0.02%)
     
  • USD/JPY

    108.6690
    -0.0470 (-0.04%)
     
  • BTC-USD

    63,283.23
    +407.17 (+0.65%)
     
  • CMC Crypto 200

    1,399.93
    +18.99 (+1.37%)
     
  • FTSE 100

    6,983.50
    +43.92 (+0.63%)
     
  • Nikkei 225

    29,642.69
    0.00 (0.00%)
     

A Look Into Basic Materials Sector Value Stocks

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

The Meaning Behind 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 labeled as a value stock.

Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:

  1. FutureFuel (NYSE: FF) - P/E: 4.56

  2. Koppers Hldgs (NYSE: KOP) - P/E: 6.11

  3. Turquoise Hill Resources (NYSE: TRQ) - P/E: 6.88

  4. Kinross Gold (NYSE: KGC) - P/E: 8.6

  5. Verso (NYSE: VRS) - P/E: 3.18

Most recently, FutureFuel reported earnings per share at 0.16, whereas in Q2 earnings per share sat at 0.35. Most recently, the company reported a dividend yield of 1.91%, which has ('', 'not changed') by 0.0% from last quarter’s yield of 1.91%.

Koppers Hldgs has reported Q3 earnings per share at 1.64, which has increased by 29.13% compared to Q2, which was 1.27. Koppers Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

This quarter, Turquoise Hill Resources experienced an increase in earnings per share, which was 0.04 in Q2 and is now 0.64. Turquoise Hill Resources does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Most recently, Kinross Gold reported earnings per share at 0.25, whereas in Q2 earnings per share sat at 0.15. Kinross Gold does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Verso saw an increase in earnings per share from -0.99 in Q2 to -0.92 now. The company’s most recent dividend yield sits at 4.55%, which has decreased by 93.57% from 98.12% 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.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.