5 Value Stocks In The Communication Services Sector

Author: Benzinga Insights | February 12, 2024 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. Cogent Comms Hldgs (NASDAQ:CCOI) - P/E: 3.43
2. Lendway (NASDAQ:LDWY) - P/E: 0.86
3. Sinclair (NASDAQ:SBGI) - P/E: 8.55
4. Telecom Argentina (NYSE:TEO) - P/E: 9.91
5. Weibo (NASDAQ:WB) - P/E: 5.21

Cogent Comms Hldgs's earnings per share for Q3 sits at $-1.2, whereas in Q2, they were at -0.67. Its most recent dividend yield is at 5.88%, which has decreased by 0.37% from 6.25% in the previous quarter.

Most recently, Lendway reported earnings per share at $0.63, whereas in Q2 earnings per share sat at $-0.02. Most recently, Sinclair reported earnings per share at $-0.3, whereas in Q2 earnings per share sat at $1.67. The company's most recent dividend yield sits at 9.2%, which has increased by 1.87% from 7.33% last quarter.

Telecom Argentina saw an increase in earnings per share from 0.03 in Q2 to $0.23 now. This quarter, Weibo experienced an increase in earnings per share, which was $0.53 in Q2 and is now $0.57.

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 LDWY SBGI TEO WB