|Bid||2.5100 x 2200|
|Ask||2.5300 x 900|
|Day's Range||2.4700 - 2.5700|
|52 Week Range||1.1500 - 3.3700|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 03, 2020|
|1y Target Est||5.50|
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.The following stocks are considered to be notable value stocks in the communication services sector: 1. Gray Television (NYSE: GTN) - P/E: 7.7 2. Nexstar Media Group (NASDAQ: NXST) - P/E: 9.02 3. Phoenix New Media (NYSE: FENG) - P/E: 1.24 4. Otelco (NASDAQ: OTEL) - P/E: 5.79 5. Turkcell Iletisim (NYSE: TKC) - P/E: 9.55Most recently, Gray Television reported earnings per share at 1.14, whereas in Q2 earnings per share sat at -0.02. Gray Television does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.This quarter, Nexstar Media Group experienced an increase in earnings per share, which was 2.02 in Q2 and is now 4.08. The company's most recent dividend yield sits at 2.56%, which has decreased by 0.08% from 2.64% last quarter.Most recently, Phoenix New Media reported earnings per share at 0.0, whereas in Q2 earnings per share sat at 0.05. Phoenix New Media does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Most recently, Otelco reported earnings per share at 0.36, whereas in Q2 earnings per share sat at 0.42. Otelco does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Turkcell Iletisim's earnings per share for Q3 sits at 0.08, whereas in Q2, they were at 0.06. Most recently, the company reported a dividend yield of 2.2%, which has decreased by 0.21% from last quarter's yield of 2.41%.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.See more from Benzinga * Click here for options trades from Benzinga * Analyzing Apache's Unusual Options Activity * Analyzing Walt Disney's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or the "Company"), today announced that its Board of Directors declared a special cash dividend of US$0.1714 per ordinary share, equivalent to US$1.3712 per American depositary share ("ADS"), totaling approximately US$100 million, payable on December 22, 2020 to holders of record of the Company's ordinary shares at the close of business on December 4, 2020 (the "Record Date").
Ladies and gentlemen, thank you for standing by, and welcome to the Phoenix New Media Third Quarter 2020 Earnings Call. On today's call, management will first provide a review of the quarterly results and then conduct a Q&A session.