The importance of value stocks
A value stock has traditionally been priced lower than the stock prices of companies in the same industry. This indicates that the company may be undervalued as investors are not showing that much interest in such companies. The most common way to check value is the price-to-earnings ratio, or P/E. A low P/E ratio is a good indication that the stock is undervalued.
Below is a list of notable value stocks in the communications services sector:
- Thryv stocks THREE – P/E: 6.43
- Sinclair Broadcast Group SBGI – P/E: 0.53
- PLDT PHI – P/E: 9.87
- Tegna TGNA – P/E: 8.25
- DISH network COURT – P/E: 5.06
Thryv Holdings saw earnings per share decline to now $0.37 from $1.61 in the second quarter. This quarter, Sinclair Broadcast Group saw an increase in earnings per share, which was -$0.03 in the second quarter and is now $0.36. Most recently, the company reported a dividend yield of 5.41%, up 0.86% from last quarter’s 4.55% yield.
This quarter, PLDT saw an increase in earnings per share, which was $0.67 in the second quarter and is now $0.87. Its most recent dividend yield is 8.77%, up 5.4% from 3.37% in the previous quarter.
Most recently, Tegna reported earnings per share of $0.65, while second-quarter earnings per share were $0.6. Its most recent dividend yield is 1.82%, up 0.02% from 1.8% in the previous quarter.
DISH Network’s earnings per share are $0.65 in the third quarter, compared to $0.82 in the second 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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