Benzinga | Jul 7, 2021 10:23AM EDT

5 Value Stocks To Watch In The Industrials Sector

The Meaning Behind Value StocksA 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 theThe 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.

The following stocks are considered to be notable value stocks in the industrials sector:

2 Kelly Services (NASDAQ:KELYA) - P/E: 8.37

4 Thomson Reuters (NYSE:TRI) - P/E: 8.26

6 Mesa Air Group (NASDAQ:MESA) - P/E: 9.57

8 Huttig Building Products (NASDAQ:HBP) - P/E: 8.98

10 Digital Ally (NASDAQ:DGLY) - P/E: 3.22

Kelly Services saw a decrease in earnings per share from 0.41 in Q4 to 0.12 now. Its most recent dividend yield is at 1.68%, which has increased by 0.44% from 1.24% in the previous quarter.

Thomson Reuters has reported Q1 earnings per share at 0.58, which has increased by 7.41% compared to Q4, which was 0.54. The company's most recent dividend yield sits at 1.73%, which has decreased by 0.29% from 2.02% last quarter.

Most recently, Mesa Air Group reported earnings per share at 0.23, whereas in Q1 earnings per share sat at 0.36. Mesa Air Group does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Huttig Building Products saw an increase in earnings per share from 0.01 in Q4 to 0.3 now. Huttig Building Products does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

This quarter, Digital Ally experienced an increase in earnings per share, which was -0.08 in Q4 and is now 0.49. Digital Ally does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

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.