5 Value Stocks In The Utilities Sector

Understanding 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. Enel Chile ENIC - P/E: 2.82
2. Pampa Energia PAM - P/E: 4.07
3. Genie Energy GNE - P/E: 9.27
4. Brookfield Renewable BEPC - P/E: 5.82
5. Hawaiian Electric Indus HE - P/E: 6.15

Most recently, Enel Chile reported earnings per share at $0.1, whereas in Q1 earnings per share sat at $0.13. The company's most recent dividend yield sits at 64.82%, which has decreased by 1.55% from 66.37% last quarter.

Pampa Energia has reported Q2 earnings per share at $3.01, which has increased by 17.58% compared to Q1, which was 2.56. 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%.

Brookfield Renewable has reported Q2 earnings per share at $-0.1, which has decreased by 11.11% compared to Q1, which was -0.09. Most recently, the company reported a dividend yield of 4.77%, which has increased by 0.58% from last quarter's yield of 4.19%.

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). The company's most recent dividend yield sits at 3.75%, which has increased by 0.01% from 3.74% 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.