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.
Below is a list of notable value stocks in the utilities sector:
- Suburban Propane Partners SPH – P/E: 6.07
- Clearway Energy CWEN – P/E: 6.7
- Pampa Energia PAM – P/E: 7.21
- OPAL Fuels OPAL – P/E: 5.23
- OGE Energy OGE – P/E: 8.1
Suburban Propane Partners saw an increase in earnings per share from -0.86 in Q4 to $0.71 now. Most recently, the company reported a dividend yield of 8.28%, which has increased by 0.31% from last quarter’s yield of 7.97%.
This quarter, Clearway Energy experienced an increase in earnings per share, which was $-4.37 in Q2 and is now $0.28. Its most recent dividend yield is at 4.48%, which has increased by 0.29% from 4.19% in the previous quarter.
Most recently, Pampa Energia reported earnings per share at $3.23, whereas in Q2 earnings per share sat at $1.2. OPAL Fuels has reported Q3 earnings per share at $-0.06, which has decreased by 175.0% compared to Q2, which was 0.08. OGE Energy has reported Q3 earnings per share at $1.31, which has increased by 263.89% compared to Q2, which was 0.36. Most recently, the company reported a dividend yield of 4.19%, which has decreased by 0.06% from last quarter’s yield of 4.25%.
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.