A value stock is defined as how investors are valuing the company's future growth prospects. Low P E multiples are good base indicators that the company is undervalued and can be labelled as a value stock.
Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching:
NRG Energy saw a decrease in earnings per share from 7.17 in Q 1 to $2.16 now. Its most recent dividend yield is at 3.92%, which has increased by 0.39% from 3.53% in the previous quarter.
Central Puerto's earnings per share for Q 2 is $0.13, whereas in Q 1 they were at 0.3. Pampa Energia reported Q 2 earnings per share at $1.2, which has decreased by 32.96% compared to Q 1, which was 1.79. The earnings per share of Suburban Propane Partners decreased from 2.74 in Q 2 to 0.04 now. Its most recent dividend yield is 8.18%, which has increased by 0.61% from 7.57% in the previous quarter.
Genie Energy's earnings per share for Q 2 is $1.3 compared to Q 1's $0.67. The company reported a dividend yield of 3.33%, which has decreased by 1.39% from the last quarter's yield of 4.72%.
A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that it may never materialize.