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.
Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:
- Gray Television GTN - P/E: 2.26
- Liberty Broadband LBRDA - P/E: 9.63
- Liberty SiriusXM Gr LSXMK - P/E: 7.5
- Jiayin Gr JFIN - P/E: 1.26
- Lizhi LIZI - P/E: 4.18
Gray Television's earnings per share for Q4 sits at $1.88, whereas in Q3, they were at 1.03. Its most recent dividend yield is at 2.51%, which has increased by 0.14% from 2.37% in the previous quarter.
Liberty Broadband's earnings per share for Q4 sits at $1.26, whereas in Q3, they were at 2.05. This quarter, Liberty SiriusXM Gr experienced an increase in earnings per share, which was $0.06 in Q3 and is now $1.54. Jiayin Gr's earnings per share for Q3 sits at $0.64, whereas in Q2, they were at 0.72. Lizhi looks to be undervalued. It possesses an EPS of $0.07, which has not changed since last quarter (Q2).
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.