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:
- National CineMedia NCMI - P/E: 0.11
- Gray Television GTN - P/E: 4.55
- DISH Network DISH - P/E: 2.31
- Verizon Communications VZ - P/E: 6.52
- Nexstar Media Gr NXST - P/E: 8.6
Most recently, National CineMedia reported earnings per share at $0.08, whereas in Q3 earnings per share sat at $-0.13. Most recently, the company reported a dividend yield of 6.94%, which has increased by 1.17% from last quarter's yield of 5.77%.
Gray Television's earnings per share for Q2 sits at $-0.1, whereas in Q1, they were at -0.48. Most recently, the company reported a dividend yield of 3.67%, which has decreased by 1.11% from last quarter's yield of 4.78%.
DISH Network saw a decrease in earnings per share from 1.47 in Q4 to $0.35 now. This quarter, Verizon Communications experienced an increase in earnings per share, which was $1.2 in Q1 and is now $1.21. Its most recent dividend yield is at 7.33%, which has increased by 0.52% from 6.81% in the previous quarter.
Nexstar Media Gr's earnings per share for Q1 sits at $2.97, whereas in Q4, they were at 5.3. Most recently, the company reported a dividend yield of 2.97%, which has decreased by 0.16% from last quarter's yield of 3.13%.
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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