A Look Into Consumer Defensive Sector Value Stocks
Portfolio Pulse from Benzinga Insights
The article discusses value stocks in the consumer defensive sector, highlighting five companies with low price-to-earnings (P/E) multiples, suggesting they may be undervalued. Archer-Daniels Midland (ADM), Altria Group (MO), Ingles Markets (IMKTA), Bunge Global (BG), and Perdoceo Education (PRDO) are mentioned with their respective P/E ratios and recent financial performance, including earnings per share and dividend yields. The article indicates that these stocks were selected by Benzinga Insights using a quantified analysis.
January 05, 2024 | 2:39 pm
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POSITIVE IMPACT
Perdoceo Education has a P/E of 8.28, with a recent increase in EPS from $0.61 to $0.64.
The increase in EPS is a positive development, and the low P/E ratio may attract investors looking for undervalued stocks, potentially leading to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Archer-Daniels Midland has a P/E of 9.98, with a recent EPS of $1.63, down from $1.89 last quarter. Dividend yield increased to 2.52% from 2.12%.
While the lower EPS might concern investors, the increased dividend yield and low P/E ratio could indicate undervaluation, potentially balancing short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Bunge Global has a P/E of 7.66, with a recent EPS of $2.99, down from $3.72 last quarter. Dividend yield increased to 2.49% from 2.38%.
The decrease in EPS could be a concern, but the improved dividend yield and low P/E ratio may suggest the stock is still a value investment.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Ingles Markets has a P/E of 7.98, with a recent EPS of $2.77, up from $2.54 last quarter. Dividend yield decreased to 0.76% from 0.88%.
The increase in EPS is a positive sign, although the decrease in dividend yield might be a slight negative. The low P/E ratio could indicate undervaluation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Altria Group has a P/E of 8.47, with a recent EPS of $1.28, slightly down from $1.31 last quarter. Dividend yield increased to 9.21% from 9.09%.
The slight decrease in EPS is likely neutralized by the high dividend yield and low P/E ratio, which could appeal to value investors.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80