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.
Below is a list of notable value stocks in the communication services sector:
- Verizon Communications VZ - P/E: 6.62
- Frontier Communications FYBR - P/E: 9.29
- KT KT - P/E: 6.5
- Jiayin Gr JFIN - P/E: 1.87
- Lizhi LIZI - P/E: 2.49
This quarter, Verizon Communications experienced an increase in earnings per share, which was $1.19 in Q4 and is now $1.2. Most recently, the company reported a dividend yield of 7.33%, which has increased by 0.52% from last quarter's yield of 6.81%.
Frontier Communications saw a decrease in earnings per share from 0.63 in Q4 to $0.01 now. This quarter, KT experienced an increase in earnings per share, which was $0.35 in Q4 and is now $0.47. Jiayin Gr has reported Q1 earnings per share at $0.76, which has decreased by 47.59% compared to Q4, which was 1.45. Lizhi's earnings per share for Q1 sits at $0.16, whereas in Q4, they were at 0.1.
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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