What are 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.
Alico (NASDAQ:ALCO) reported quarterly losses of $(0.33) per share which beat the analyst consensus estimate of $(0.48) by 31.25 percent. This is a 21.43 percent increase over losses of $(0.42) per share from the same
What Defines a Value Stock?
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.
Pulled from Benzinga Pro data Alico (NASDAQ:ALCO) posted Q3 earnings of $6.60 million, an increase from Q2 of 12.86%. Sales dropped to $34.89 million, a 37.64% decrease between quarters.