What are Value Stocks?
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:
- Genius Brands Intl GNUS - P/E: 1.73
- ViacomCBS VIAC - P/E: 6.85
- Urban One UONE - P/E: 4.95
- Thryv Holdings THRY - P/E: 5.35
- Blue Hat Interactive BHAT - P/E: 1.89
Genius Brands Intl saw a decrease in earnings per share from -0.02 in Q2 to -0.03 now. ViacomCBS saw a decrease in earnings per share from 0.97 in Q2 to 0.76 now. Its most recent dividend yield is at 2.43%, which has increased by 0.08% from 2.35% in the previous quarter.
Urban One has reported Q3 earnings per share at 0.25, which has decreased by 24.24% compared to Q2, which was 0.33. Thryv Holdings saw an increase in earnings per share from 0.72 in Q2 to 0.95 now. Most recently, Blue Hat Interactive reported earnings per share at 0.04, whereas in Q2 earnings per share sat at 0.0.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.