The Meaning Behind 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.
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
Computer Task Group (NASDAQ:CTG) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.17 by 47.06 percent. This is a 78.57 percent increase over earnings of $0.14 per share from