What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:
- Hello Gr MOMO - P/E: 5.63
- Liberty SiriusXM Gr LSXMA - P/E: 9.79
- KT KT - P/E: 6.84
- Sinclair SBGI - P/E: 8.49
- VEON VEON - P/E: 2.84
Most recently, Hello Gr reported earnings per share at $0.43, whereas in Q1 earnings per share sat at $0.34. Liberty SiriusXM Gr has reported Q3 earnings per share at $0.89, which has increased by 1012.5% compared to Q2, which was 0.08. Most recently, KT reported earnings per share at $0.6, whereas in Q1 earnings per share sat at $0.47. Sinclair has reported Q3 earnings per share at $-0.3, which has decreased by 117.96% compared to Q2, which was 1.67. Its most recent dividend yield is at 9.2%, which has increased by 1.87% from 7.33% in the previous quarter.
VEON has reported Q3 earnings per share at $0.07, which has decreased by 50.0% compared to Q2, which was 0.14. Most recently, the company reported a dividend yield of 11.03%, which has increased by 2.03% from last quarter's yield of 9.0%.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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