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A Look Into Consumer Defensive Sector Value Stocks

Author: Benzinga Insights | January 05, 2024 10:39am

What are 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.

Below is a list of notable value stocks in the consumer defensive sector:

  1. Archer-Daniels Midland (NYSE:ADM) - P/E: 9.98
  2. Altria Group (NYSE:MO) - P/E: 8.47
  3. Ingles Markets (NASDAQ:IMKTA) - P/E: 7.98
  4. Bunge Global (NYSE:BG) - P/E: 7.66
  5. Perdoceo Education (NASDAQ:PRDO) - P/E: 8.28

Most recently, Archer-Daniels Midland reported earnings per share at $1.63, whereas in Q2 earnings per share sat at $1.89. The company's most recent dividend yield sits at 2.52%, which has increased by 0.4% from 2.12% last quarter.

Altria Group's earnings per share for Q3 sits at $1.28, whereas in Q2, they were at 1.31. The company's most recent dividend yield sits at 9.21%, which has increased by 0.12% from 9.09% last quarter.

Ingles Markets's earnings per share for Q4 sits at $2.77, whereas in Q3, they were at 2.54. The company's most recent dividend yield sits at 0.76%, which has decreased by 0.12% from 0.88% last quarter.

Bunge Global saw a decrease in earnings per share from 3.72 in Q2 to $2.99 now. The company's most recent dividend yield sits at 2.49%, which has increased by 0.11% from 2.38% last quarter.

This quarter, Perdoceo Education experienced an increase in earnings per share, which was $0.61 in Q2 and is now $0.64.

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: ADM BG IMKTA MO PRDO

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