Overview Of Value Stocks In The Utilities Sector

The Meaning Behind 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 utilities sector that may be worth watching:

1. Vistra VST - P/E: 9.18
2. Hawaiian Electric Indus HE - P/E: 5.94
3. Genie Energy GNE - P/E: 6.94
4. Pampa Energia PAM - P/E: 4.09
5. Enel Chile ENIC - P/E: 2.77

Vistra has reported Q2 earnings per share at $1.17, which has decreased by 31.58% compared to Q1, which was 1.71. Its most recent dividend yield is at 2.95%, which has decreased by 0.58% from 3.53% in the previous quarter.

Hawaiian Electric Indus has been featured as a value stock. Hawaiian Electric Indus's Q2 EPS sits at $0.5, which has not changed since last quarter (Q1). Its most recent dividend yield is at 3.75%, which has increased by 0.01% from 3.74% in the previous quarter.

Genie Energy saw a decrease in earnings per share from 0.54 in Q1 to $0.45 now. Most recently, the company reported a dividend yield of 2.19%, which has increased by 0.23% from last quarter's yield of 1.96%.

Pampa Energia saw an increase in earnings per share from 2.56 in Q1 to $3.01 now. This quarter, Enel Chile experienced a decrease in earnings per share, which was $0.86 in Q4 and is now $0.13. Most recently, the company reported a dividend yield of 64.82%, which has decreased by 1.55% from last quarter's yield of 66.37%.

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.