Overview Of Value Stocks In The Utilities Sector

What Defines 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.

Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching:

1. Hawaiian Electric Indus HE - P/E: 5.89
2. Genie Energy GNE - P/E: 8.97
3. Enel Chile ENIC - P/E: 2.81
4. Pampa Energia PAM - P/E: 3.66
5. Brookfield Renewable BEPC - P/E: 6.07

Hawaiian Electric Indus looks to be undervalued. It possesses an EPS of $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 has reported Q2 earnings per share at $0.45, which has decreased by 16.67% compared to Q1, which was 0.54. 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%.

This quarter, Enel Chile experienced a decrease in earnings per share, which was $0.13 in Q1 and is now $0.1. 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%.

Pampa Energia's earnings per share for Q2 sits at $3.01, whereas in Q1, they were at 2.56. 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%.

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.