Overview Of Value Stocks In The Consumer Defensive Sector

Author: Benzinga Insights | April 14, 2023 10:39am

Understanding Value Stocks

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

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

1. Perdoceo Education (NASDAQ:PRDO) - P/E: 9.8
2. Amcon Distributing (AMEX:DIT) - P/E: 6.58
3. Cal-Maine Foods (NASDAQ:CALM) - P/E: 3.62
4. Bunge (NYSE:BG) - P/E: 8.88
5. United Natural Foods (NYSE:UNFI) - P/E: 8.38

This quarter, Perdoceo Education experienced a decrease in earnings per share, which was $0.39 in Q3 and is now $0.31. This quarter, Amcon Distributing experienced a decrease in earnings per share, which was $7.97 in Q4 and is now $4.46. Cal-Maine Foods has reported Q3 earnings per share at $6.62, which has increased by 62.65% compared to Q2, which was 4.07. Its most recent dividend yield is at 15.92%, which has increased by 7.45% from 8.47% in the previous quarter.

Bunge has reported Q4 earnings per share at $3.24, which has decreased by 6.09% compared to Q3, which was 3.45. The company's most recent dividend yield sits at 2.6%, which has increased by 0.14% from 2.46% last quarter.

United Natural Foods has reported Q2 earnings per share at $0.78, which has decreased by 30.97% compared to Q1, which was 1.13.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

Posted In: BG CALM DIT PRDO UNFI