Overview Of Value Stocks In The Communication Services Sector
Portfolio Pulse from Benzinga Insights
The article identifies notable value stocks in the communication services sector based on low P/E multiples. Lendway (LDWY) and National CineMedia (NCMI) experienced an increase in EPS this quarter, while Cogent Comms Hldgs (CCOI) and Hello Gr (MOMO) saw a decrease. Telecom Argentina (TEO) also saw an increase in EPS. CCOI's dividend yield decreased, while NCMI's increased.
January 08, 2024 | 2:45 pm
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POSITIVE IMPACT
Lendway's EPS increased from $-0.02 in Q2 to $0.63 this quarter, indicating potential undervaluation with a P/E of 0.91.
The significant increase in EPS for Lendway suggests improved profitability, which could lead to a positive short-term impact on the stock price as it may attract value investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
National CineMedia's EPS improved from $-0.7 in Q2 to $-0.34, with a dividend yield increase from 5.77% to 6.94%, P/E at 0.19.
The improvement in EPS and an increase in dividend yield for National CineMedia may be seen positively by investors, potentially leading to a short-term rise in stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Telecom Argentina's EPS increased from 0.03 in Q2 to $0.23, with a P/E of 9.11, suggesting it may be a value stock.
The increase in EPS for Telecom Argentina indicates improved financial health, which could lead to a positive short-term impact on the stock price as it may be considered undervalued.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Hello Gr's EPS decreased slightly from 0.43 in Q2 to $0.42, with a P/E of 4.94, indicating a potential value stock.
The slight decrease in EPS for Hello Gr is not substantial, which may lead to a neutral short-term impact on the stock as the P/E ratio still suggests undervaluation.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Cogent Comms Hldgs saw a decrease in EPS from -0.67 in Q2 to $-1.2, with a dividend yield decrease from 6.25% to 5.88%, P/E at 3.3.
The decline in EPS and dividend yield for Cogent Comms Hldgs could negatively affect investor sentiment in the short term, potentially leading to a decrease in stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80