What is 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.
The following stocks are considered to be notable value stocks in the communication services sector:
- Educational Development EDUC - P/E: 8.33
- Daily Journal DJCO - P/E: 4.22
- Scienjoy Holding SJ - P/E: 6.25
- Phoenix New Media FENG - P/E: 1.73
- Tegna TGNA - P/E: 8.17
Educational Development has reported Q4 earnings per share at 0.25, which has decreased by 50.98% compared to Q3, which was 0.51. The company's most recent dividend yield sits at 2.4%, which has decreased by 0.14% from 2.54% last quarter.
Daily Journal saw a decrease in earnings per share from 42.93 in Q1 to 9.04 now. Daily Journal does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Scienjoy Holding saw an increase in earnings per share from 0.27 in Q4 to 0.35 now. Scienjoy Holding does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Phoenix New Media's earnings per share for Q1 sits at -0.06, whereas in Q4, they were at -0.02. Phoenix New Media does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Tegna has reported Q1 earnings per share at 0.52, which has decreased by 55.17% compared to Q4, which was 1.16. Its most recent dividend yield is at 2.04%, which has increased by 0.45% from 1.59% in the previous quarter.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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