Understanding Value Stocks
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:
- Kenon Hldgs (NYSE:KEN) - P/E: 1.52
- OGE Energy (NYSE:OGE) - P/E: 8.2
- Suburban Propane Partners (NYSE:SPH) - P/E: 6.93
- Via Renewables (NASDAQ:VIA) - P/E: 6.5
- Pampa Energia (NYSE:PAM) - P/E: 3.18
Most recently, Kenon Hldgs reported earnings per share at $11.86, whereas in Q4 earnings per share sat at $7.28. This quarter, OGE Energy experienced an increase in earnings per share, which was $0.27 in Q4 and is now $1.39. Its most recent dividend yield is at 4.11%, which has decreased by 0.45% from 4.56% in the previous quarter.
Most recently, Suburban Propane Partners reported earnings per share at $2.74, whereas in Q1 earnings per share sat at $0.34. Most recently, the company reported a dividend yield of 8.18%, which has increased by 0.61% from last quarter's yield of 7.57%.
Via Renewables's earnings per share for Q1 sits at $0.7, whereas in Q4, they were at -0.96. The company's most recent dividend yield sits at 9.76%, which has increased by 0.61% from 9.15% last quarter.
Most recently, Pampa Energia reported earnings per share at $1.79, whereas in Q4 earnings per share sat at $0.7.
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.