Overview Of Value Stocks In The Industrials Sector

Author: Benzinga Insights | January 24, 2024 10:41am

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.

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

1. American Airlines Group (NASDAQ:AAL) - P/E: 5.86
2. MDU Resources Gr (NYSE:MDU) - P/E: 7.27
3. United Airlines Holdings (NASDAQ:UAL) - P/E: 5.13
4. Titan Intl (NYSE:TWI) - P/E: 7.49
5. Atkore (NYSE:ATKR) - P/E: 8.86

American Airlines Group saw a decrease in earnings per share from 1.92 in Q2 to $0.38 now. The company's most recent dividend yield sits at 1.46%, which has increased by 0.05% from 1.41% last quarter.

MDU Resources Gr has been featured as a value stock. MDU Resources Gr's Q3 EPS sits at $0.29, which has not changed since last quarter (Q2). Its most recent dividend yield is at 2.67%, which has increased by 0.42% from 2.25% in the previous quarter.

United Airlines Holdings saw a decrease in earnings per share from 3.65 in Q3 to $2.0 now. Titan Intl saw a decrease in earnings per share from 0.43 in Q2 to $0.29 now. Its most recent dividend yield is at 1.04%, which has increased by 0.45% from 0.59% in the previous quarter.

This quarter, Atkore experienced a decrease in earnings per share, which was $5.72 in Q3 and is now $4.21.

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: AAL ATKR MDU TWI UAL