5 Value Stocks To Watch In The Consumer Defensive Sector
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified five value stocks in the consumer defensive sector based on low P/E multiples, indicating undervaluation. The stocks include Perdoceo Education (PRDO), Ingles Markets (IMKTA), Adecoagro (AGRO), Fresh Del Monte Produce (FDP), and Altria Group (MO). PRDO and IMKTA saw increases in EPS, while FDP's EPS decreased and MO's EPS slightly decreased. Dividend yields have increased for IMKTA, AGRO, FDP, and MO.
November 24, 2023 | 2:39 pm
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NEUTRAL IMPACT
Fresh Del Monte Produce (FDP) reported a decrease in EPS from $0.96 to $0.35 but an increased dividend yield of 3.16%, with a P/E of 9.93.
Despite FDP's lower EPS, the increased dividend yield and reasonable P/E may help maintain investor interest, leading to a neutral short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Altria Group (MO) experienced a slight decrease in EPS from $1.31 to $1.28 but has a high dividend yield of 9.09%, with a P/E of 8.41.
MO's slight EPS decline may be offset by its high dividend yield and low P/E, suggesting a neutral short-term impact on the stock price.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Adecoagro (AGRO) saw an EPS increase from $0.4 to $0.83 and a dividend yield rise to 7.86%, with a P/E of 8.27.
AGRO's significant increase in EPS and dividend yield, coupled with a low P/E, could drive positive short-term price movement.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Ingles Markets (IMKTA) has a P/E of 6.76, an increase in EPS from $2.13 to $2.54, and a rising dividend yield now at 0.88%.
IMKTA's increased EPS and dividend yield are positive indicators that could lead to a short-term uptick in its stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Perdoceo Education (PRDO) is recognized as a value stock with a low P/E of 8.07 and an increase in EPS from $0.61 to $0.64.
The increase in EPS for PRDO suggests improved profitability, which could attract investors and positively impact the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80