5 Value Stocks In The Utilities Sector
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified five value stocks in the utilities sector based on low P/E multiples, indicating potential undervaluation. The stocks are Suburban Propane Partners (SPH), Hawaiian Electric Industries (HE), Brookfield Renewable (BEPC), Enel Chile (ENIC), and OPAL Fuels (OPAL). SPH reported a significant decrease in Q4 EPS and a lower dividend yield. HE showed an increase in EPS and a slight increase in dividend yield. BEPC's EPS decreased, but its dividend yield increased. ENIC reported higher EPS and a decrease in dividend yield. OPAL's EPS improved from Q2 to Q3.
November 22, 2023 | 2:38 pm
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POSITIVE IMPACT
Hawaiian Electric Industries showed an increase in EPS and a slight increase in dividend yield, which may be viewed positively by investors.
An increase in EPS and a slight uptick in dividend yield can signal improving financial health and may attract investors, potentially boosting the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
OPAL Fuels's improvement in EPS from Q2 to Q3 could be seen as a positive development, but the lack of dividend information may limit assessment.
The improvement in EPS suggests better financial performance, which could positively influence the stock price. However, without dividend data, the impact on income-focused investors is unclear.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Brookfield Renewable's decrease in EPS is a concern, but the increase in dividend yield could offset some negative sentiment among investors.
While the decrease in EPS is typically negative, the higher dividend yield may appeal to income investors, potentially balancing the stock's short-term outlook.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70
NEUTRAL IMPACT
Enel Chile's increased EPS is positive, but the significant decrease in dividend yield could raise concerns about future income distributions.
The improved EPS is a good sign, but the large drop in dividend yield may worry investors who prioritize steady income, possibly affecting the stock's short-term performance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Suburban Propane Partners reported a decrease in Q4 EPS and a lower dividend yield, which may concern investors about its profitability and income stability.
A significant decrease in EPS and a reduced dividend yield typically indicate potential issues with profitability and attractiveness to income-focused investors, likely pressuring the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80