What is a value stock?
A value stock is traditionally defined in terms of how investors in the market evaluate the future growth prospects of that company. Low P/E multiples are good basic indicators that the company is undervalued and can most likely be labeled a value stock.
Benzinga Insights has compiled a list of value stocks in the communications services sector that might be worth watching:
- Scienjoy Holding SJ – P/E: 9.63
- Jiayin Gr JFIN – P/E: 1.44
- go Go GO GO – P/E: 6.3
- Salem media group SALM – P/E: 2.37
- AlticeUSA TO US – P/E: 9.09
Scienjoy Holding saw earnings per share fall to $0.07 now from $0.24 in the second quarter. Most recently, Jiayin Gr reported earnings per share of $0.64, while second-quarter earnings per share were $0.72. This quarter, Gogo saw its earnings per share decline, which was $0.17 in the second quarter and is now $0.15. This quarter, Salem Media Group saw its earnings per share decline, which was $0.33 in the second quarter and is now -$0.44. Most recently, the company reported an 8.77% dividend yield, up 1.87% from last quarter’s 6.9% yield.
Altice USA reported fourth-quarter earnings per share of -$0.43, down 326.32% from third-quarter earnings of 0.19. Its most recent dividend yield is 10.8%, up 10.8% from 0.0% in the previous quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical assessment process is not intended to make definitive decisions, our technology can provide investors with additional insight into the sector.
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