What are 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.
Below is a list of notable value stocks in the communication services sector:
- Gannett Co GCI - P/E: 9.8
- GRAVITY Co GRVY - P/E: 4.89
- Cogent Comms Hldgs CCOI - P/E: 3.07
- Lendway LDWY - P/E: 0.92
- GD Culture Group GDC - P/E: 0.21
Most recently, Gannett Co reported earnings per share at $-0.18, whereas in Q2 earnings per share sat at $-0.04. GRAVITY Co saw a decrease in earnings per share from 4.92 in Q2 to $3.09 now. Cogent Comms Hldgs saw a decrease in earnings per share from -0.67 in Q2 to $-1.2 now. Its most recent dividend yield is at 5.88%, which has decreased by 0.37% from 6.25% in the previous quarter.
Lendway saw an increase in earnings per share from -0.02 in Q2 to $0.63 now. GD Culture Group's earnings per share for Q3 sits at $-1.15, whereas in Q2, they were at -0.07.
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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