5 Value Stocks In The Basic Materials Sector
Portfolio Pulse from Benzinga Insights
The article identifies five value stocks in the basic materials sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. The stocks are Loma Negra Cia Industria (LOMA), Cementos Pacasmayo (CPAC), Vale (VALE), Steel Dynamics (STLD), and Gerdau (GGB). It provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their financial performance and investor returns.
December 08, 2023 | 2:39 pm
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NEGATIVE IMPACT
Cementos Pacasmayo has a P/E of 9.31, a slight decrease in EPS, and a reduced dividend yield from the previous quarter.
The decrease in EPS and dividend yield might concern investors, potentially leading to a short-term negative impact on the stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Steel Dynamics has a P/E of 7.29, a decrease in EPS, and a slightly reduced dividend yield from the last quarter.
The drop in EPS and dividend yield could lead to negative investor sentiment, potentially affecting the stock price negatively in the short term.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 80
POSITIVE IMPACT
Gerdau boasts the lowest P/E at 5.05, with an increase in EPS and dividend yield from the previous quarter.
Gerdau's low P/E, along with rising EPS and dividend yield, could be very appealing to investors, likely resulting in a positive stock price movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Loma Negra Cia Industria has a P/E of 8.55 and showed an increase in EPS from Q2 to Q3.
The increase in EPS and low P/E ratio may attract investors looking for undervalued stocks, potentially driving up the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Vale has a low P/E of 7.06 and an increase in EPS from Q2 to Q3.
The significant increase in EPS and low P/E ratio could make Vale an attractive option for value investors, possibly leading to a price increase.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80