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 based on low P/E ratios, indicating potential undervaluation. ArcelorMittal (MT) saw a decrease in EPS and an increase in dividend yield. LSB Industries (LXU) experienced a decrease in EPS. Origin Mat (ORGN) reported a significant increase in EPS. Ramaco Resources (METCB) had an increase in EPS but a decrease in dividend yield. Albemarle (ALB) saw a decrease in EPS but an increase in dividend yield. The article cautions that value stocks may take time to rebound and may not do so.
December 22, 2023 | 2:38 pm
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NEGATIVE IMPACT
LSB Industries experienced a decrease in EPS from $0.25 to $-0.1.
A negative EPS is typically a bearish signal that could lead to a short-term decline in stock price.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 70
NEUTRAL IMPACT
Albemarle's EPS decreased from 7.33 to $2.74, but its dividend yield increased from 0.67% to 1.15%.
The substantial decrease in EPS could concern investors, but the higher dividend yield may provide some offsetting appeal, leading to a neutral short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Ramaco Resources saw an increase in EPS from 0.17 to $0.45, but a decrease in dividend yield from 5.04% to 3.12%.
The positive EPS growth is offset by a lower dividend yield, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75
NEUTRAL IMPACT
ArcelorMittal's EPS decreased from 2.2 to 1.1, but dividend yield increased from 0.77% to 1.28%.
While the decrease in EPS could be seen negatively, the increase in dividend yield might attract income-focused investors, balancing the short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Origin Mat reported a 540.0% increase in EPS from -0.05 to $0.22.
A significant increase in EPS is a positive indicator that could lead to a bullish short-term reaction in the stock market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80