5 Value Stocks To Watch In The Basic Materials Sector
Portfolio Pulse from Benzinga Insights
The article lists 5 value stocks in the basic materials sector with low P/E multiples, indicating they may be undervalued. These stocks include CF Industries Holdings, ICL Group, West Fraser Timber, Reliance Steel & Aluminum, and LyondellBasell Industries.
June 02, 2023 | 2:39 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
CF Industries Holdings has a P/E of 4.01 and recently reported earnings per share at $2.85. The company's dividend yield is 2.16%, up from 1.93% last quarter.
The low P/E ratio indicates that the stock may be undervalued, but the increase in dividend yield and earnings per share does not guarantee a short-term price increase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
ICL Group has a P/E of 3.93 and saw a decrease in earnings per share from 0.28 in Q4 to $0.23 now. The company's dividend yield is 7.56%, up from 7.21% last quarter.
The low P/E ratio indicates that the stock may be undervalued, but the decrease in earnings per share and increase in dividend yield do not guarantee a short-term price increase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
LyondellBasell Industries has a P/E of 9.35 and recently reported earnings per share at $2.5. The company's dividend yield is 5.55%, up from 5.03% last quarter.
The low P/E ratio indicates that the stock may be undervalued, but the increase in dividend yield and earnings per share does not guarantee a short-term price increase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
Reliance Steel & Aluminum has a P/E of 8.29 and recently reported earnings per share at $6.37. The company's dividend yield is 1.6%, down from 1.73% last quarter.
The low P/E ratio indicates that the stock may be undervalued, but the decrease in dividend yield and increase in earnings per share do not guarantee a short-term price increase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
West Fraser Timber has a P/E of 6.85 and reported earnings per share of $-0.52 for Q1, up from -1.13 in Q4.
The low P/E ratio indicates that the stock may be undervalued, but the improvement in earnings per share does not guarantee a short-term price increase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100