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.
Companies Reporting Before The Bell
• Atlantica Sustainable (NASDAQ:AY) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million.
Genie Energy (NYSE:GNE) reported quarterly earnings of $1.12 per share. This is a 1966.67 percent increase over losses of $(0.06) per share from the same period last year. The company reported $84.70 million in sales
Board Authorizes Buyback of Preferred Shares
NEWARK, N.J., Feb. 9, 2022 /PRNewswire/ -- The board of directors of Genie Energy Ltd., (NYSE:GNE, GNEPRA)) today announced the resumption of a regular dividend on its
Genie Energy Ltd., (NYSE: GNE, GNEPRA), a global provider of energy services, today announced that its Helsinki-based renewable electricity supply subsidiary, Lumo Energia Oyj (Lumo), has expanded its customer base by approximately 20% after acquiring meters from Energia 247, a Finnish competitive energy provider that has exited the business.
Midway through trading Monday, the Dow traded up 0.05% to 36,117.49 while the NASDAQ fell 0.29% to 15,815.61. The S&P also fell, dropping 0.06% to 4,679.81.
Companies Reporting Before The Bell
• DISH Network (NASDAQ:DISH) is likely to report quarterly earnings at $0.91 per share on revenue of $4.45 billion.
Midway through trading Monday, the Dow traded down 0.36% to 35,388.46 while the NASDAQ fell 1.24% to 14,639.36. The S&P also fell, dropping 0.54% to 4,443.76.