What Defines a Value Stock?

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.

The following stocks are considered to be notable value stocks in the utilities sector:

1. Brookfield Renewable (NYSE:BEPC) - P/E: 7.16
2. Otter Tail (NASDAQ:OTTR) - P/E: 8.41
3. OPAL Fuels (NASDAQ:OPAL) - P/E: 4.45
4. Pampa Energia (NYSE:PAM) - P/E: 6.39
5. OGE Energy (NYSE:OGE) - P/E: 8.48

This quarter, Brookfield Renewable experienced a decrease in earnings per share, which was $-0.03 in Q2 and is now $-0.25. The company's most recent dividend yield sits at 4.16%, which has increased by 0.98% from 3.18% last quarter.

Otter Tail saw a decrease in earnings per share from 2.05 in Q2 to $2.01 now. The company's most recent dividend yield sits at 2.4%, which has increased by 0.05% from 2.35% last quarter.

OPAL Fuels's earnings per share for Q3 sits at $-0.06, whereas in Q2, they were at 0.08. Pampa Energia has reported Q3 earnings per share at $3.23, which has increased by 169.17% compared to Q2, which was 1.2. This quarter, OGE Energy experienced an increase in earnings per share, which was $0.36 in Q2 and is now $1.31. The company's most recent dividend yield sits at 4.19%, which has decreased by 0.06% from 4.25% last quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.