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.
Benzinga Insights has compiled a list of value stocks in the financial services sector that may be worth watching:
- Bank of New York Mellon BK - P/E: 8.5
- Fidelity National Finl FNF - P/E: 9.71
- Citizens Community CZWI - P/E: 7.62
- Yiren Digital YRD - P/E: 5.43
- Virtu Financial VIRT - P/E: 5.72
Bank of New York Mellon has reported Q3 earnings per share at 0.98, which has decreased by 2.97% compared to Q2, which was 1.01. Most recently, the company reported a dividend yield of 3.33%, which has increased by 0.15% from last quarter’s yield of 3.18%.
Most recently, Fidelity National Finl reported earnings per share at 1.48, whereas in Q2 earnings per share sat at 1.09. Its most recent dividend yield is at 4.68%, which has increased by 0.73% from 3.95% in the previous quarter.
Most recently, Citizens Community reported earnings per share at 0.31, whereas in Q2 earnings per share sat at 0.28. The company’s most recent dividend yield sits at 1.76%, which has increased by 0.03% from 1.73% last quarter.
This quarter, Yiren Digital experienced a decrease in earnings per share, which was 0.03 in Q1 and is now -0.35. The company’s most recent dividend yield sits at 1.34%, which has increased by 1.34% from 0.0% last quarter.
This quarter, Virtu Financial experienced a decrease in earnings per share, which was 1.73 in Q2 and is now 0.81. Most recently, the company reported a dividend yield of 4.38%, which has increased by 0.48% from last quarter’s yield of 3.9%.
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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