5 Value Stocks In The Technology Sector

What is 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.

Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching:

  1. Amkor Technology AMKR - P/E: 8.52
  2. Valens Semiconductor VLN - P/E: 3.92
  3. DXC Technology DXC - P/E: 9.99
  4. ASE Technology Holding Co ASX - P/E: 7.71
  5. Veeco Instruments VECO - P/E: 8.01

This quarter, Amkor Technology experienced a decrease in earnings per share, which was $1.24 in Q3 and is now $0.67. Most recently, the company reported a dividend yield of 1.02%, which has decreased by 0.13% from last quarter's yield of 1.15%.

Most recently, Valens Semiconductor reported earnings per share at $-0.02, whereas in Q2 earnings per share sat at $-0.08. This quarter, DXC Technology experienced an increase in earnings per share, which was $0.75 in Q2 and is now $0.95. The company's most recent dividend yield sits at 5.37%, which has increased by 2.21% from 3.16% last quarter.

ASE Technology Holding Co saw a decrease in earnings per share from 0.26 in Q3 to $0.23 now. Most recently, the company reported a dividend yield of 5.03%, which has increased by 2.64% from last quarter's yield of 2.39%.

Veeco Instruments saw a decrease in earnings per share from 0.45 in Q3 to $0.38 now.

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.

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