A Look Into Technology Sector Value Stocks

The Meaning Behind Value Stocks

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. United Microelectronics UMC - P/E: 7.19
2. Intel INTC - P/E: 8.96
3. Vishay Intertechnology VSH - P/E: 8.31
4. Eltek ELTK - P/E: 3.74
5. Bel Fuse BELFA - P/E: 9.58

This quarter, United Microelectronics experienced an increase in earnings per share, which was $0.29 in Q2 and is now $0.34. Most recently, the company reported a dividend yield of 2.28%, which has decreased by 3.06% from last quarter's yield of 5.34%.

Intel saw an increase in earnings per share from 0.29 in Q2 to $0.59 now. Most recently, the company reported a dividend yield of 5.06%, which has increased by 1.14% from last quarter's yield of 3.92%.

Vishay Intertechnology's earnings per share for Q3 sits at $0.93, whereas in Q2, they were at 0.82. Most recently, the company reported a dividend yield of 1.87%, which has decreased by 0.02% from last quarter's yield of 1.89%.

Most recently, Eltek reported earnings per share at $0.17, whereas in Q2 earnings per share sat at $0.13. Bel Fuse's earnings per share for Q3 sits at $1.4, whereas in Q2, they were at 1.3. Its most recent dividend yield is at 0.82%, which has increased by 0.01% from 0.81% in the previous quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.