What are Value Stocks?
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 utilities sector that may be worth watching:
- Kenon Hldgs KEN - P/E: 3.68
- Pampa Energia PAM - P/E: 2.77
- Enel Americas ENIA - P/E: 8.64
- Suburban Propane Partners SPH - P/E: 7.69
- UGI UGI - P/E: 6.43
Kenon Hldgs has reported Q3 earnings per share at 3.45, which has increased by 7.81% compared to Q2, which was 3.2. Kenon Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
This quarter, Pampa Energia experienced an increase in earnings per share, which was 1.94 in Q2 and is now 2.36. Pampa Energia does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, Enel Americas reported earnings per share at 0.0, whereas in Q2 earnings per share sat at 0.0. Most recently, the company reported a dividend yield of 12.11%, which has increased by 7.85% from last quarter's yield of 4.26%.
Most recently, Suburban Propane Partners reported earnings per share at -0.19, whereas in Q3 earnings per share sat at -0.16. The company's most recent dividend yield sits at 8.14%, which has decreased by 0.42% from 8.56% last quarter.
This quarter, UGI experienced a decrease in earnings per share, which was 0.13 in Q3 and is now -0.34. The company's most recent dividend yield sits at 3.05%, which has increased by 0.09% from 2.96% last quarter.
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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