5 Value Stocks To Watch In The Financial Services Sector
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified five value stocks in the financial services sector. These include Fidus Investment (FDUS), Everest Group (EG), First Merchants (FRME), First Citizens BancShares (FCNCA), and NMI Holdings (NMIH). The selection was based on a quantified analysis, with a focus on the price-to-earnings (P/E) multiple, which is a common indicator of an undervalued stock.
November 09, 2023 | 2:48 pm
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NEUTRAL IMPACT
Everest Group's Q3 earnings per share decreased to $14.14 from $15.21 in Q2. Its P/E multiple is 7.05.
Despite the decrease in earnings per share, the low P/E multiple suggests that the stock is undervalued. However, the decrease in earnings may offset any potential price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
First Merchants' Q3 earnings per share decreased to $0.94 from $1.02 in Q2. Its P/E multiple is 6.87.
The decrease in earnings per share and a low P/E multiple suggest that the stock is undervalued. However, the decrease in earnings may offset any potential price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
First Citizens BancShares' Q3 earnings per share increased to $55.92 from $52.6 in Q2. Its P/E multiple is 1.82.
The increase in earnings per share and a very low P/E multiple indicate that the stock is significantly undervalued and may see a substantial increase in price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Fidus Investment's Q3 earnings per share increased to $0.68 from $0.62 in Q2. Its P/E multiple is 8.81.
The increase in earnings per share and a low P/E multiple indicate that the stock is undervalued and may see an increase in price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
NMI Holdings' Q3 earnings per share increased to $1.0 from $0.95 in Q2. Its P/E multiple is 7.62.
The increase in earnings per share and a low P/E multiple indicate that the stock is undervalued and may see an increase in price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100