The Meaning Behind 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.
The following stocks are considered to be notable value stocks in the utilities sector:
- Pampa Energia PAM - P/E: 4.1
- Suburban Propane Partners SPH - P/E: 5.95
- Kenon Hldgs KEN - P/E: 4.66
- NRG Energy NRG - P/E: 6.45
- Companhia De Saneamento SBS - P/E: 9.72
This quarter, Pampa Energia experienced a decrease in earnings per share, which was $3.23 in Q3 and is now $2.05. Suburban Propane Partners has reported Q1 earnings per share at $0.71, which has increased by 182.56% compared to Q4, which was -0.86. The company's most recent dividend yield sits at 8.28%, which has increased by 0.31% from 7.97% last quarter.
Most recently, Kenon Hldgs reported earnings per share at $-15.63, whereas in Q3 earnings per share sat at $4.65. NRG Energy's earnings per share for Q4 sits at $-4.56, whereas in Q3, they were at 0.29. Its most recent dividend yield is at 4.36%, which has decreased by 0.51% from 4.87% in the previous quarter.
Companhia De Saneamento has reported Q4 earnings per share at $0.18, which has decreased by 40.0% compared to Q3, which was 0.3. The company's most recent dividend yield sits at 1.83%, which has increased by 0.76% from 1.07% last quarter.
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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