What are Value Stocks?
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.
Below is a list of notable value stocks in the financial services sector:
- Shinhan Finl Gr SHG - P/E: 4.77
- Trinity Cap TRIN - P/E: 9.79
- Employers Holdings EIG - P/E: 8.54
- Codorus Valley Bancorp CVLY - P/E: 7.2
- Popular BPOP - P/E: 7.52
Shinhan Finl Gr saw a decrease in earnings per share from 1.75 in Q2 to $1.68 now. Trinity Cap has reported Q3 earnings per share at $0.55, which has decreased by 5.17% compared to Q2, which was 0.58. Employers Holdings saw a decrease in earnings per share from 1.17 in Q2 to $0.68 now. Most recently, the company reported a dividend yield of 2.86%, which has decreased by 0.15% from last quarter's yield of 3.01%.
This quarter, Codorus Valley Bancorp experienced a decrease in earnings per share, which was $0.69 in Q2 and is now $0.61. Most recently, the company reported a dividend yield of 3.63%, which has increased by 0.19% from last quarter's yield of 3.44%.
Popular saw a decrease in earnings per share from 2.1 in Q2 to $1.9 now. The company's most recent dividend yield sits at 3.41%, which has increased by 0.1% from 3.31% 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.
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