5 Value Stocks To Watch In The Basic Materials Sector

Author: Benzinga Insights | August 18, 2023 10:39am

What are 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 labelled as a value stock.

Below is a list of notable value stocks in the basic materials sector:

1. ArcelorMittal (NYSE:MT) - P/E: 5.04
2. CF Industries Holdings (NYSE:CF) - P/E: 6.41
3. LSB Industries (NYSE:LXU) - P/E: 7.1
4. Buenaventura Mining Co (NYSE:BVN) - P/E: 3.42
5. Suzano (NYSE:SUZ) - P/E: 2.85

ArcelorMittal has reported Q2 earnings per share at $2.2, which has increased by 73.23% compared to Q1, which was 1.27. Most recently, the company reported a dividend yield of 1.28%, which has increased by 0.51% from last quarter's yield of 0.77%.

CF Industries Holdings's earnings per share for Q2 sits at $2.7, whereas in Q1, they were at 2.85. Its most recent dividend yield is at 2.28%, which has increased by 0.12% from 2.16% in the previous quarter.

LSB Industries has been featured as a value stock. LSB Industries's Q2 EPS sits at $0.25, which has not changed since last quarter (Q1). Most recently, Buenaventura Mining Co reported earnings per share at $-0.03, whereas in Q1 earnings per share sat at $0.25. Its most recent dividend yield is at 1.41%, which has increased by 0.69% from 0.72% in the previous quarter.

Suzano's earnings per share for Q2 sits at $0.79, whereas in Q1, they were at 0.76.

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 CF LXU MT SUZ