What is 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.
The following stocks are considered to be notable value stocks in the communication services sector:
- Sinclair Broadcast Group SBGI - P/E: 0.49
- Outbrain OB - P/E: 3.74
- Salem Media Group SALM - P/E: 2.13
- Urban One UONE - P/E: 6.87
- Lizhi LIZI - P/E: 4.65
Sinclair Broadcast Group's earnings per share for Q3 sits at $0.36, whereas in Q2, they were at -0.03. The company's most recent dividend yield sits at 5.41%, which has increased by 0.86% from 4.55% last quarter.
Outbrain has reported Q3 earnings per share at $-0.1, which has increased by 47.37% compared to Q2, which was -0.19. Most recently, the company reported a dividend yield of 4.61%, which has decreased by 1.91% from last quarter's yield of 6.52%.
Most recently, Salem Media Group reported earnings per share at $-0.44, whereas in Q2 earnings per share sat at $0.33. The company's most recent dividend yield sits at 8.77%, which has increased by 1.87% from 6.9% last quarter.
Most recently, Urban One reported earnings per share at $0.08, whereas in Q2 earnings per share sat at $0.28. Lizhi has been featured as a value stock. Lizhi's Q3 EPS sits at $0.07, which has not changed since last quarter (Q2).
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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