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.
Below is a list of notable value stocks in the communication services sector:
- Scienjoy Holding SJ - P/E: 7.31
- ViacomCBS VIAC - P/E: 6.37
- Reading Intl RDI - P/E: 6.51
- Genius Brands Intl GNUS - P/E: 2.38
- Daily Journal DJCO - P/E: 3.3
Scienjoy Holding has reported Q3 earnings per share at 0.27, which has decreased by 42.55% compared to Q2, which was 0.47. Scienjoy Holding does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
ViacomCBS has reported Q3 earnings per share at 0.76, which has decreased by 21.65% compared to Q2, which was 0.97. The company's most recent dividend yield sits at 2.43%, which has increased by 0.08% from 2.35% last quarter.
This quarter, Reading Intl experienced an increase in earnings per share, which was -0.53 in Q2 and is now -0.46. Reading Intl does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Genius Brands Intl's earnings per share for Q3 sits at -0.03, whereas in Q2, they were at -0.02. Genius Brands Intl does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Daily Journal has reported Q3 earnings per share at 30.83, which has increased by 241.04% compared to Q2, which was 9.04. Daily Journal 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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