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 P/E ratios, suggesting they may be undervalued. These stocks are Commercial Metals, LSB Industries, Clearwater Paper, Sylvamo, and Origin Mat. It provides recent financial performance details for each, including changes in earnings per share and dividend yields.
February 23, 2024 | 2:39 pm
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NEUTRAL IMPACT
Clearwater Paper saw a decrease in earnings per share. P/E ratio at 6.18.
Despite the earnings decrease, the low P/E ratio could attract value investors looking for undervalued stocks.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEUTRAL IMPACT
Commercial Metals reported a slight decrease in earnings per share and dividend yield. P/E ratio at 8.24.
The slight decrease in earnings and dividend yield might not significantly impact the stock price short term, given its value stock status.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEUTRAL IMPACT
LSB Industries experienced a decrease in earnings per share from Q2 to Q3. P/E ratio at 6.1.
The decrease in earnings might be a concern, but the low P/E ratio suggests the stock could still be a value investment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEUTRAL IMPACT
Sylvamo's earnings per share and dividend yield decreased. P/E ratio at 9.31.
The financial performance dip might not heavily impact its value stock status due to the relatively low P/E ratio.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Origin Mat saw an increase in earnings per share. P/E ratio at 1.47.
The increase in earnings per share and extremely low P/E ratio suggest a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90