5 Value Stocks To Watch In The Basic Materials Sector

Author: Benzinga Insights | July 14, 2023 10:48am

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.

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

1. Olin (NYSE:OLN) - P/E: 7.33
2. Commercial Metals (NYSE:CMC) - P/E: 6.91
3. FutureFuel (NYSE:FF) - P/E: 8.52
4. Buenaventura Mining Co (NYSE:BVN) - P/E: 3.76
5. UFP Industries (NASDAQ:UFPI) - P/E: 9.94

Most recently, Olin reported earnings per share at $1.16, whereas in Q4 earnings per share sat at $1.43. Its most recent dividend yield is at 1.51%, which has increased by 0.19% from 1.32% in the previous quarter.

Commercial Metals has reported Q3 earnings per share at $2.02, which has increased by 40.28% compared to Q2, which was 1.44. Its most recent dividend yield is at 1.36%, which has decreased by 0.03% from 1.39% in the previous quarter.

FutureFuel has reported Q1 earnings per share at $0.48, which has increased by 41.18% compared to Q4, which was 0.34. The company's most recent dividend yield sits at 2.78%, which has ('', 'not changed') by 0.0% from 2.78% last quarter.

Most recently, Buenaventura Mining Co reported earnings per share at $0.25, whereas in Q4 earnings per share sat at $0.27. Most recently, the company reported a dividend yield of 1.41%, which has increased by 0.69% from last quarter's yield of 0.72%.

UFP Industries's earnings per share for Q1 sits at $1.98, whereas in Q4, they were at 2.1. Most recently, the company reported a dividend yield of 1.28%, which has increased by 0.26% from last quarter's yield of 1.02%.

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.

Posted In: BVN CMC FF OLN UFPI