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
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Olympic Steel (NASDAQ:ZEUS) reported quarterly earnings of $2.16 per share which beat the analyst consensus estimate of $2.07 by 4.35 percent. This is a 1442.86 percent increase over earnings of $0.14 per share from the