What are Value Stocks?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:

1. Commercial Metals CMC - P/E: 4.96
2. West Fraser Timber WFG - P/E: 7.2
3. Mosaic MOS - P/E: 4.73
4. Sylvamo SLVM - P/E: 5.82
5. Hudson Technologies HDSN - P/E: 4.04

This quarter, Commercial Metals experienced a decrease in earnings per share, which was $2.24 in Q1 and is now $1.44. Its most recent dividend yield is at 1.39%, which has increased by 0.08% from 1.31% in the previous quarter.

West Fraser Timber's earnings per share for Q1 sits at $-0.52, whereas in Q4, they were at -1.13. Most recently, Mosaic reported earnings per share at $1.14, whereas in Q4 earnings per share sat at $1.74. Sylvamo saw a decrease in earnings per share from 2.51 in Q3 to $1.97 now. Its most recent dividend yield is at 2.14%, which has decreased by 0.2% from 2.34% in the previous quarter.

Most recently, Hudson Technologies reported earnings per share at $0.33, whereas in Q4 earnings per share sat at $0.11.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.