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:
- WidePoint WYY - P/E: 5.88
- QIWI QIWI - P/E: 4.66
- Turtle Beach HEAR - P/E: 9.85
- China Index Holdings CIH - P/E: 3.79
- Bel Fuse BELFB - P/E: 8.85
WidePoint saw a decrease in earnings per share from 0.96 in Q4 to 0.06 now. WidePoint does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
QIWI has reported Q1 earnings per share at 0.44, which has decreased by 20.0% compared to Q4, which was 0.55. Its most recent dividend yield is at 8.01%, which has decreased by 3.51% from 11.52% in the previous quarter.
Turtle Beach saw a decrease in earnings per share from 0.84 in Q4 to 0.52 now. Turtle Beach does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
This quarter, China Index Holdings experienced an increase in earnings per share, which was 0.12 in Q3 and is now 0.15. China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Bel Fuse saw a decrease in earnings per share from 0.2 in Q4 to -0.23 now. Its most recent dividend yield is at 1.56%, which has decreased by 0.11% from 1.67% in the previous 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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