Market Overview

4 Value Stocks To Watch In The Utilities Sector


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.

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

  1. Cia Paranaense De Energia (NYSE: ELP) - P/E: 6.0
  2. NRG Energy (NYSE: NRG) - P/E: 2.05
  3. Kenon Hldgs (NYSE: KEN) - P/E: 4.37
  4. Spark Energy (NASDAQ: SPKE) - P/E: 8.0

Cia Paranaense De Energia has reported Q2 earnings per share at 1.09, which has increased by 159.52% compared to Q1, which was 0.42. The company’s most recent dividend yield sits at 6.26%, which has increased by 4.11% from 2.15% last quarter.

NRG Energy saw a decrease in earnings per share from 1.27 in Q2 to 1.1 now. Its most recent dividend yield is at 3.55%, which has decreased by 0.4% from 3.95% in the previous quarter.

Most recently, Kenon Hldgs reported earnings per share at 0.02, whereas in Q1 earnings per share sat at 0.28. Kenon Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Spark Energy has reported Q3 earnings per share at 0.52, which has decreased by 16.13% compared to Q2, which was 0.62. Its most recent dividend yield is at 8.46%, which has decreased by 1.89% from 10.35% in the previous quarter.

These 4 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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Posted-In: Earnings News Dividends Small Cap