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 communication services sector:
- Salem Media Group SALM - P/E: 1.81
- Millicom Intl Cellular TIGO - P/E: 2.6
- Jiayin Gr JFIN - P/E: 1.13
- JOYY YY - P/E: 4.55
- Grupo Televisa TV - P/E: 5.07
This quarter, Salem Media Group experienced a decrease in earnings per share, which was $0.33 in Q2 and is now $-0.44. The company's most recent dividend yield sits at 8.77%, which has increased by 1.87% from 6.9% last quarter.
Millicom Intl Cellular saw a decrease in earnings per share from 1.14 in Q2 to $-0.18 now. Most recently, Jiayin Gr reported earnings per share at $0.64, whereas in Q2 earnings per share sat at $0.72. This quarter, JOYY experienced an increase in earnings per share, which was $0.65 in Q2 and is now $0.96. The company's most recent dividend yield sits at 7.52%, which has increased by 1.23% from 6.29% last quarter.
This quarter, Grupo Televisa experienced a decrease in earnings per share, which was $0.26 in Q2 and is now $0.03. Most recently, the company reported a dividend yield of 0.32%, which has increased by 0.01% from last quarter's yield of 0.31%.
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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