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:
- Liberty SiriusXM Gr LSXMK - P/E: 8.95
- Cogent Comms Hldgs CCOI - P/E: 2.93
- Scienjoy Holding SJ - P/E: 8.66
- Jiayin Gr JFIN - P/E: 1.59
- Liberty Latin America LILAK - P/E: 9.58
This quarter, Liberty SiriusXM Gr experienced a decrease in earnings per share, which was $0.38 in Q1 and is now $0.08. Cogent Comms Hldgs's earnings per share for Q2 sits at $-0.67, whereas in Q1, they were at 0.13. The company's most recent dividend yield sits at 6.25%, which has increased by 1.17% from 5.08% last quarter.
Scienjoy Holding's earnings per share for Q1 sits at $0.02, whereas in Q4, they were at 0.04. This quarter, Jiayin Gr experienced an increase in earnings per share, which was $0.76 in Q1 and is now $0.84. Liberty Latin America has reported Q2 earnings per share at $0.17, which has increased by 173.91% compared to Q1, which was -0.23.
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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