5 Value Stocks To Watch In The Technology Sector

Loading...
Loading...

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 technology sector:

  1. ClearOne CLRO - P/E: 1.07
  2. IBEX IBEX - P/E: 9.9
  3. Daktronics DAKT - P/E: 7.74
  4. Daqo New Energy DQ - P/E: 5.15
  5. HP HPQ - P/E: 9.05

ClearOne saw a decrease in earnings per share from -0.04 in Q2 to $-0.05 now. IBEX saw an increase in earnings per share from 0.4 in Q1 to $0.44 now. This quarter, Daktronics experienced a decrease in earnings per share, which was $0.27 in Q2 and is now $0.09. The company's most recent dividend yield sits at 3.4%, which has increased by 0.02% from 3.38% last quarter.

Daqo New Energy saw an increase in earnings per share from 0.59 in Q3 to $0.94 now. HP's earnings per share for Q1 sits at $0.81, whereas in Q4, they were at 0.9. The company's most recent dividend yield sits at 3.77%, which has decreased by 0.26% from 4.03% last quarter.

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.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsBZI-VS
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...