Market Overview

Overview Of Value Stocks In The Technology Sector

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The Meaning Behind 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.

Below is a list of notable value stocks in the technology sector:

  1. Turtle Beach (NASDAQ:HEAR) - P/E: 7.91
  2. Viomi Technology Co (NASDAQ:VIOT) - P/E: 9.63
  3. MIND C.T.I. (NASDAQ:MNDO) - P/E: 9.85
  4. Nortech Systems (NASDAQ:NSYS) - P/E: 8.58
  5. China Index Holdings (NASDAQ:CIH) - P/E: 4.72

Turtle Beach has reported Q3 earnings per share at 1.05, which has increased by 150.0% compared to Q2, which was 0.42. Turtle Beach does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Viomi Technology Co has reported Q3 earnings per share at 0.07, which has increased by 250.0% compared to Q2, which was 0.02. Viomi Technology Co does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

MIND C.T.I. looks to be undervalued. It possesses an EPS of 0.07, which has not changed since last quarter (Q2). The company's most recent dividend yield sits at 11.0%, which has decreased by 0.36% from 11.36% last quarter.

Nortech Systems has reported Q3 earnings per share at -0.35, which has decreased by 600.0% compared to Q2, which was -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

China Index Holdings saw an increase in earnings per share from 0.1 in Q2 to 0.12 now. China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

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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