10 Best Value Penny Stocks to Buy According to Analysts

3. Uniti Group Inc. (NASDAQ:UNIT)

Stock Upside Potential as of June 25: 52.84%

Forward Price to Earnings Ratio as of June 25: 11.86

Share Price as June 25: $4.17

Number of Hedge Fund Holders: 31

Uniti Group Inc. (NASDAQ:UNIT) is one of the 10 best-value penny stocks to buy, according to analysts. On June 9, the company confirmed the pricing of $600 million principal amount of 8.625% senior unsecured notes due 2032.

Uniti Group and its subsidiaries have guaranteed the notes on a senior unsecured basis, which guarantees indebtedness under the senior secured credit facility. Similarly, the company plans to use net proceeds from the offering to partially redeem its $500 million 10.50% notes due in 2028. The remaining funds are to be used for general corporate purposes.

Uniti Group Inc. (NASDAQ:UNIT) is a real estate investment trust that acquires and constructs mission-critical communications infrastructure. It is a leading provider of fiber and other wireless solutions for the communications industry.