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Zacks Value Investor Highlights: ManpowerGroup, Steelcase, Whirlpool, Ethan Allen, Guess
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For Immediate Release
Chicago, IL – October 2, 2023 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Stocks have pulled back in Sep 2023 which means there may be some deals available. Why not get a value stock even cheaper if you can?
And while you’re looking for cheap stocks, many are also paying dividends. The yields on some value stocks have become even more attractive in 2023.
Screening for Cheap Stocks with Big Dividend Yields
It’s pretty easy to screen for cheap stocks. This screen looked for companies with a forward P/E under 15 and a P/S ratio under 1.0. A P/S ratio under 1.0 indicates a company is on sale as investors are paying less for each sale. For instance, a P/S ratio of 0.2 means investors are paying $0.20 for each $1 of sales.
To get the income portion, you can add a dividend over 3%. It’s not as high as many money markets are paying right now, which are 5% and above, but it’s still an attractive yield.
Additionally, an added bonus would be to add the Zacks Ranks of #1 (Strong Buy) and #2 (Buy). Hopefully, the addition of the Rank will produce companies with rising earnings estimates.
Steelcase is a global design leader in the world of work. It makes furniture for working, including desks and chairs.
Steelcase recently reported second quarter 2024 earnings and beat on the Zacks Consensus by $0.14. Earnings are expected to rise 32% in fiscal 2024.
As a result of the good news, the stock jumped and is up 60% year-to-date, adding 33% in the last month. Steelcase is still attractively priced, however, with a P/S ratio of 0.4. It pays a dividend yielding 3.6%.
Whirlpool was a pandemic winner as home sales took off and builders needed new appliances. But over the last 2 years, that has reversed course. Shares of Whirlpool are down 5.9% year-to-date.
Whirlpool is dirt cheap, with a forward P/E of just 7.9. It also pays an attractive dividend, currently yielding 5.4%.
Should investors be adding Whirlpool to their watch lists?
Ethan Allen is a furniture manufacturer and retailer. It was a big pandemic winner as consumers were stuck at home and buying new couches and desks to work and attend school. Home was key.
Shares are up 14.5% year-to-date but have fallen about 1% over the past month.
Ethan Allen has always been shareholder friendly. It pays a dividend yielding 5%. Shares are still cheap with a P/S ratio of just 0.9.
Guess? is a lifestyle retailer which designs and markets apparel and accessories in over 1,000 retail stores in the Americas, Europe and Asia. On Aug 23, 2023, Guess? reported earnings and raised its full year 2024 guidance.
Shares of Guess?, however, are up just 2% year-to-date and are actually down 6.1% over the last month. On a 2-year stack, they haven’t gone anywhere either, as they are down 2.3% during that time.
Guess? is cheap. It trades with a forward P/E of just 7. It’s dividend is also generous. Guess? pays a yield of 5.7%.
Should apparel retailers like Guess? be on your value stock short list?
What Else Do You Need to Know About Value Stocks That Pay You Cash?
Tune into this week’s podcast to find out.
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Value Investor Highlights: ManpowerGroup, Steelcase, Whirlpool, Ethan Allen, Guess
For Immediate Release
Chicago, IL – October 2, 2023 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
https://www.zacks.com/stock/news/1865929/whats-working-in-2022-value-stocks
5 Top Value Stocks That Will Pay You Real Cash
Welcome to Episode #345 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Stocks have pulled back in Sep 2023 which means there may be some deals available. Why not get a value stock even cheaper if you can?
And while you’re looking for cheap stocks, many are also paying dividends. The yields on some value stocks have become even more attractive in 2023.
Screening for Cheap Stocks with Big Dividend Yields
It’s pretty easy to screen for cheap stocks. This screen looked for companies with a forward P/E under 15 and a P/S ratio under 1.0. A P/S ratio under 1.0 indicates a company is on sale as investors are paying less for each sale. For instance, a P/S ratio of 0.2 means investors are paying $0.20 for each $1 of sales.
To get the income portion, you can add a dividend over 3%. It’s not as high as many money markets are paying right now, which are 5% and above, but it’s still an attractive yield.
Additionally, an added bonus would be to add the Zacks Ranks of #1 (Strong Buy) and #2 (Buy). Hopefully, the addition of the Rank will produce companies with rising earnings estimates.
This screen returned 29 stocks.
5 Value Stocks that Pay Out Real Cash
1. ManpowerGroup (MAN - Free Report)
ManpowerGroup is a global staffing company with operations and clients in 75 countries. Shares of ManpowerGroup are down 12.4% year-to-date.
ManpowerGroup is cheap. It has a forward P/E of just 12.4. It also has a dividend yielding 4.1%.
Should ManpowerGroup be on your short list?
2. Steelcase (SCS - Free Report)
Steelcase is a global design leader in the world of work. It makes furniture for working, including desks and chairs.
Steelcase recently reported second quarter 2024 earnings and beat on the Zacks Consensus by $0.14. Earnings are expected to rise 32% in fiscal 2024.
As a result of the good news, the stock jumped and is up 60% year-to-date, adding 33% in the last month. Steelcase is still attractively priced, however, with a P/S ratio of 0.4. It pays a dividend yielding 3.6%.
Should Steelcase be on your short list?
3. Whirlpool Corp. (WHR - Free Report)
Whirlpool was a pandemic winner as home sales took off and builders needed new appliances. But over the last 2 years, that has reversed course. Shares of Whirlpool are down 5.9% year-to-date.
Whirlpool is dirt cheap, with a forward P/E of just 7.9. It also pays an attractive dividend, currently yielding 5.4%.
Should investors be adding Whirlpool to their watch lists?
4. Ethan Allen Interiors Inc. (ETD - Free Report)
Ethan Allen is a furniture manufacturer and retailer. It was a big pandemic winner as consumers were stuck at home and buying new couches and desks to work and attend school. Home was key.
Shares are up 14.5% year-to-date but have fallen about 1% over the past month.
Ethan Allen has always been shareholder friendly. It pays a dividend yielding 5%. Shares are still cheap with a P/S ratio of just 0.9.
Should Ethan Allen be on your short list?
5. Guess?, Inc. (GES - Free Report)
Guess? is a lifestyle retailer which designs and markets apparel and accessories in over 1,000 retail stores in the Americas, Europe and Asia. On Aug 23, 2023, Guess? reported earnings and raised its full year 2024 guidance.
Shares of Guess?, however, are up just 2% year-to-date and are actually down 6.1% over the last month. On a 2-year stack, they haven’t gone anywhere either, as they are down 2.3% during that time.
Guess? is cheap. It trades with a forward P/E of just 7. It’s dividend is also generous. Guess? pays a yield of 5.7%.
Should apparel retailers like Guess? be on your value stock short list?
What Else Do You Need to Know About Value Stocks That Pay You Cash?
Tune into this week’s podcast to find out.
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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https://www.zacks.com/performance
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.