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5 Value Stocks To Watch In The Utilities Sector

Author: Benzinga Insights | May 10, 2023 10:38am

What are Value Stocks?

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.

Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching:

  1. Clearway Energy (NYSE:CWEN) - P/E: 5.79
  2. Kenon Hldgs (NYSE:KEN) - P/E: 4.87
  3. Genie Energy (NYSE:GNE) - P/E: 6.21
  4. Enel Chile (NYSE:ENIC) - P/E: 2.51
  5. Pampa Energia (NYSE:PAM) - P/E: 4.18

This quarter, Clearway Energy experienced a decrease in earnings per share, which was $0.1 in Q4 and is now $0.0. Its most recent dividend yield is at 5.09%, which has increased by 0.56% from 4.53% in the previous quarter.

This quarter, Kenon Hldgs experienced a decrease in earnings per share, which was $4.65 in Q3 and is now $-15.63. Genie Energy saw a decrease in earnings per share from 0.61 in Q4 to $0.54 now. Its most recent dividend yield is at 1.96%, which has decreased by 0.45% from 2.41% in the previous quarter.

Most recently, Enel Chile reported earnings per share at $0.86, whereas in Q3 earnings per share sat at $0.08. Its most recent dividend yield is at 1.41%, which has decreased by 35.63% from 37.04% in the previous quarter.

Pampa Energia has reported Q4 earnings per share at $2.05, which has decreased by 36.53% compared to Q3, which was 3.23.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

Posted In: CWEN ENIC GNE KEN PAM

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