5 Value Stocks In The Basic Materials Sector

Author: Benzinga Insights | October 06, 2023 10:38am

Understanding 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.

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

1. Suzano (NYSE:SUZ) - P/E: 3.13
2. Cemex (NYSE:CX) - P/E: 3.76
3. United States Steel (NYSE:X) - P/E: 6.13
4. LSB Industries (NYSE:LXU) - P/E: 7.01
5. CF Industries Holdings (NYSE:CF) - P/E: 6.67

Most recently, Suzano reported earnings per share at $0.79, whereas in Q1 earnings per share sat at $0.76. Cemex's earnings per share for Q2 sits at $0.18, whereas in Q1, they were at 0.15. United States Steel saw an increase in earnings per share from 0.77 in Q1 to $1.92 now. The company's most recent dividend yield sits at 0.78%, which has decreased by 0.07% from 0.85% last 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). This quarter, CF Industries Holdings experienced a decrease in earnings per share, which was $2.85 in Q1 and is now $2.7. The company's most recent dividend yield sits at 2.28%, which has increased by 0.12% from 2.16% last quarter.

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: CF CX LXU SUZ X