Overview Of Value Stocks In The Communication Services Sector

Author: Benzinga Insights | June 12, 2023 10:45am

What Defines a Value Stock?

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 communication services sector:

1. Liberty TripAdvisor Hldgs (NASDAQ:LTRPA) - P/E: 1.88
2. Direct Digital Holdings (NASDAQ:DRCT) - P/E: 9.85
3. E W Scripps (NASDAQ:SSP) - P/E: 7.3
4. Scienjoy Holding (NASDAQ:SJ) - P/E: 4.93
5. Gray Television (NYSE:GTN) - P/E: 2.29

Liberty TripAdvisor Hldgs has reported Q1 earnings per share at $-0.41, which has decreased by 257.69% compared to Q4, which was 0.26. Direct Digital Holdings saw a decrease in earnings per share from 0.01 in Q4 to $-0.09 now. This quarter, E W Scripps experienced a decrease in earnings per share, which was $0.84 in Q4 and is now $-0.17. The company's most recent dividend yield sits at 2.01%, which has increased by 0.33% from 1.68% last quarter.

Scienjoy Holding's earnings per share for Q4 sits at $0.04, whereas in Q3, they were at 0.07. This quarter, Gray Television experienced a decrease in earnings per share, which was $1.88 in Q4 and is now $-0.48. Most recently, the company reported a dividend yield of 4.78%, which has increased by 2.27% from last quarter's yield of 2.51%.

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.

Posted In: DRCT GTN LTRPA SJ SSP