Big Lots, Inc. (NYSE:BIG), (ASAI) – An Overview of Defensive Consumer Sector Value Stocks
What are value stocks?
A value stock is traditionally defined in terms of how investors in the market assess the future growth prospects of that company. Low P/E multiples are good basic indicators that the company is undervalued and most likely qualifies as a value stock.
The following stocks are considered notable value stocks in the consumer defensive sector:
- Large lots (NYSE: GREAT) – P/E: 6.23
- Sendas Distribuidora (NYSE: ASAI) – P/E: 8.47
- Bunge (NYSE: BG) – P/E: 6.09
- English markets (NASDAQ:IMKTA) – P/E: 6.01
- Hailiang Education Gr. (NASDAQ:HLG) – P/E: 3.52
Big Lots earnings per share for Q3 sits at -0.14, while in Q2 it was 1.09. The company’s most recent dividend yield sits at 2.77%, up 0.68% from 2.09% last quarter.
Sendas Distribuidora reported Q3 earnings per share of 0.12, down 42.86% from Q2, which was 0.21. Bunge reported Q3 earnings per share at 3.72, which was up 42.53% from Q2, which was 2.61. Most recently, the company reported a dividend yield of 2.3%, down 0.49% from last quarter’s 2.79% yield.
Most recently, Ingles Markets reported earnings per share at 3.78, while third quarter earnings per share were 3.79. Its most recent dividend yield is 0.76%, down 0.25% from 1.01% in the previous quarter.
Hailiang Education Gr’s earnings per share for the fourth quarter stood at 0.8, while in the third quarter it was 0.64.
Importance: A valuable security may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence never materializes.