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.
Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:
- KT KT - P/E: 6.49
- Lizhi LIZI - P/E: 2.78
- Steel Connect STCN - P/E: 7.81
- Urban One UONE - P/E: 7.99
- Nexstar Media Gr NXST - P/E: 8.63
KT saw an increase in earnings per share from 0.35 in Q4 to $0.47 now. Most recently, Lizhi reported earnings per share at $0.16, whereas in Q4 earnings per share sat at $0.1. Steel Connect has reported Q3 earnings per share at $0.37, which has increased by 294.74% compared to Q2, which was -0.19. Urban One saw a decrease in earnings per share from 0.08 in Q3 to $0.02 now. Nexstar Media Gr's earnings per share for Q1 sits at $2.97, whereas in Q4, they were at 5.3. The company's most recent dividend yield sits at 2.97%, which has decreased by 0.16% from 3.13% last quarter.
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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