Understanding 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.
Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:
- Beasley Broadcast Group BBGI - P/E: 7.06
- Gogo GOGO - P/E: 9.99
- Urban One UONEK - P/E: 3.61
- Millicom Intl Cellular TIGO - P/E: 2.96
- AMC Networks AMCX - P/E: 5.27
This quarter, Beasley Broadcast Group experienced a decrease in earnings per share, which was $0.36 in Q4 and is now $-0.13. The company's most recent dividend yield sits at 6.04%, which has decreased by 0.58% from 6.62% last quarter.
Gogo has reported Q1 earnings per share at $0.18, which has increased by 5.88% compared to Q4, which was 0.17. Most recently, Urban One reported earnings per share at $0.3, whereas in Q4 earnings per share sat at $0.12. Most recently, Millicom Intl Cellular reported earnings per share at $0.23, whereas in Q4 earnings per share sat at $-0.27. AMC Networks has reported Q1 earnings per share at $2.54, which has increased by 370.37% compared to Q4, which was 0.54.
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.
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