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Market Overview

A Look Into Communication Services Sector Value Stocks

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What Defines 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 communication services sector that may be worth watching:

  1. Phoenix New Media (NYSE:FENG) - P/E: 0.61
  2. Otelco (NASDAQ:OTEL) - P/E: 5.8
  3. MSG Networks (NYSE:MSGN) - P/E: 4.98
  4. SciPlay (NASDAQ:SCPL) - P/E: 7.74
  5. Consolidated Comms Hldgs (NASDAQ:CNSL) - P/E: 9.4

Phoenix New Media has reported Q3 earnings per share at 0.0, which has decreased by 100.0% compared to Q2, which was 0.05. Phoenix New Media does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Otelco's earnings per share for Q3 sits at 0.36, whereas in Q2, they were at 0.42. Otelco does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

MSG Networks has reported Q1 earnings per share at 0.61, which has decreased by 37.11% compared to Q4, which was 0.97. MSG Networks does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

SciPlay has reported Q3 earnings per share at 0.23, which has decreased by 14.81% compared to Q2, which was 0.27. SciPlay does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Consolidated Comms Hldgs has reported Q3 earnings per share at 0.23, which has increased by 9.52% compared to Q2, which was 0.21. Most recently, the company reported a dividend yield of 14.87%, which has increased by 2.05% from last quarter's yield of 12.82%.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

 

Related Articles (CNSL + FENG)

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Posted-In: BZI-VSEarnings News Dividends

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