Overview Of Value Stocks In The Utilities Sector

What is a Value Stock?

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.

Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching:

1. Cia Energetica DE Minas CIG - P/E: 4.8
2. Hawaiian Electric Indus HE - P/E: 7.58
3. Enel Chile ENIC - P/E: 3.05
4. TransAlta TAC - P/E: 5.12
5. Suburban Propane Partners SPH - P/E: 8.97

Most recently, Cia Energetica DE Minas reported earnings per share at $0.03, whereas in Q2 earnings per share sat at $0.12. Most recently, Hawaiian Electric Indus reported earnings per share at $0.56, whereas in Q2 earnings per share sat at $0.5. Most recently, the company reported a dividend yield of 3.75%, which has increased by 0.01% from last quarter's yield of 3.74%.

Enel Chile saw an increase in earnings per share from 0.1 in Q2 to $0.14 now. Its most recent dividend yield is at 64.82%, which has decreased by 1.55% from 66.37% in the previous quarter.

This quarter, TransAlta experienced an increase in earnings per share, which was $0.17 in Q2 and is now $1.05. The company's most recent dividend yield sits at 2.08%, which has decreased by 0.08% from 2.16% last quarter.

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. The company's most recent dividend yield sits at 7.71%, which has decreased by 0.99% from 8.7% 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.