What is a Value Stock?
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.
The following stocks are considered to be notable value stocks in the communication services sector:
- Travelzoo TZOO - P/E: 7.91
- Gogo GOGO - P/E: 9.47
- Weibo WB - P/E: 9.44
- Scienjoy Holding SJ - P/E: 7.73
- GRAVITY Co GRVY - P/E: 4.59
Travelzoo's earnings per share for Q2 sits at $0.17, whereas in Q1, they were at 0.23. Most recently, Gogo reported earnings per share at $0.21, whereas in Q1 earnings per share sat at $0.15. Weibo has reported Q2 earnings per share at $0.53, which has increased by 12.77% compared to Q1, which was 0.47. Scienjoy Holding saw an increase in earnings per share from 0.02 in Q1 to $0.29 now. GRAVITY Co has reported Q2 earnings per share at $4.92, which has increased by 22.08% compared to Q1, which was 4.03.
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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