A Look Into Communication Services Sector Value Stocks

Author: Benzinga Insights | January 01, 2024 10:44am

What is 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.

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

1. Xunlei (NASDAQ:XNET) - P/E: 6.61
2. Cogent Comms Hldgs (NASDAQ:CCOI) - P/E: 3.36
3. VEON (NASDAQ:VEON) - P/E: 2.78
4. SK Telecom Co (NYSE:SKM) - P/E: 9.81
5. DISH Network (NASDAQ:DISH) - P/E: 2.98

Xunlei saw a decrease in earnings per share from 0.13 in Q2 to $0.08 now. This quarter, Cogent Comms Hldgs experienced a decrease in earnings per share, which was $-0.67 in Q2 and is now $-1.2. The company's most recent dividend yield sits at 5.88%, which has decreased by 0.37% from 6.25% last quarter.

VEON saw a decrease in earnings per share from 0.14 in Q2 to $0.07 now. Its most recent dividend yield is at 11.03%, which has increased by 2.03% from 9.0% in the previous quarter.

SK Telecom Co's earnings per share for Q2 sits at $0.63, whereas in Q1, they were at 0.57. Most recently, DISH Network reported earnings per share at $-0.26, whereas in Q2 earnings per share sat at $0.31.

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: CCOI DISH SKM VEON XNET