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 financial services sector that may be worth watching:
- Preferred Bank PFBC - P/E: 4.8
- Capital Bancorp CBNK - P/E: 5.9
- Yiren Digital YRD - P/E: 1.05
- Noah Holdings NOAH - P/E: 8.27
- HSBC Holdings HSBC - P/E: 6.58
Preferred Bank's earnings per share for Q1 sits at $2.61, whereas in Q4, they were at 2.71. Its most recent dividend yield is at 4.01%, which has increased by 0.94% from 3.07% in the previous quarter.
Capital Bancorp has reported Q1 earnings per share at $0.68, which has increased by 9.68% compared to Q4, which was 0.62. The company's most recent dividend yield sits at 1.49%, which has increased by 0.44% from 1.05% last quarter.
Yiren Digital has reported Q4 earnings per share at $0.78, which has increased by 85.71% compared to Q3, which was 0.42. The company's most recent dividend yield sits at 1.34%, which has increased by 1.34% from 0.0% last quarter.
Noah Holdings has reported Q1 earnings per share at $0.5, which has increased by 61.29% compared to Q4, which was 0.31. HSBC Holdings has reported Q1 earnings per share at $2.6, which has increased by 126.09% compared to Q4, which was 1.15.
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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