5 Value Stocks In The Utilities Sector

What is a Value Stock?

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.

The following stocks are considered to be notable value stocks in the utilities sector:

  1. Suburban Propane Partners SPH - P/E: 8.84
  2. Hawaiian Electric Indus HE - P/E: 6.78
  3. Brookfield Renewable BEPC - P/E: 2.98
  4. Enel Chile ENIC - P/E: 2.83
  5. OPAL Fuels OPAL - P/E: 7.8

Suburban Propane Partners has reported Q4 earnings per share at $-0.33, which has decreased by 312.5% compared to Q3, which was -0.08. Most recently, the company reported a dividend yield of 7.71%, which has decreased by 0.99% from last quarter's yield of 8.7%.

This quarter, Hawaiian Electric Indus experienced an increase in earnings per share, which was $0.5 in Q2 and is now $0.56. Its most recent dividend yield is at 3.75%, which has increased by 0.01% from 3.74% in the previous quarter.

Brookfield Renewable has reported Q3 earnings per share at $-0.14, which has decreased by 40.0% compared to Q2, which was -0.1. The company's most recent dividend yield sits at 5.42%, which has increased by 0.65% from 4.77% last quarter.

Enel Chile has reported Q3 earnings per share at $0.14, which has increased by 40.0% compared to Q2, which was 0.1. The company's most recent dividend yield sits at 64.82%, which has decreased by 1.55% from 66.37% last quarter.

OPAL Fuels's earnings per share for Q3 sits at $-0.01, whereas in Q2, they were at -0.12.

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.

Market News and Data brought to you by Benzinga APIs
Posted In: NewsBZI-VS
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...