A Look Into Consumer Defensive Sector Value Stocks

Author: Benzinga Insights | March 17, 2023 10:39am

What Defines 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 labelled as a value stock.

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

1. Ingles Markets (NASDAQ:IMKTA) - P/E: 6.28
2. Amcon Distributing (AMEX:DIT) - P/E: 5.99
3. United Natural Foods (NYSE:UNFI) - P/E: 7.84
4. Cal-Maine Foods (NASDAQ:CALM) - P/E: 5.66
5. 51 Talk Online Education (NYSE:COE) - P/E: 2.41

Ingles Markets's earnings per share for Q1 sits at $3.65, whereas in Q4, they were at 3.69. The company's most recent dividend yield sits at 0.67%, which has decreased by 0.14% from 0.81% last quarter.

Amcon Distributing saw a decrease in earnings per share from 7.97 in Q4 to $4.46 now. United Natural Foods saw a decrease in earnings per share from 1.13 in Q1 to $0.78 now. Cal-Maine Foods's earnings per share for Q2 sits at $4.07, whereas in Q1, they were at 2.57. The company's most recent dividend yield sits at 8.47%, which has increased by 2.77% from 5.7% last quarter.

51 Talk Online Education saw an increase in earnings per share from -3.76 in Q1 to $-2.68 now.

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.

Posted In: CALM COE DIT IMKTA UNFI