What is a Value Stock?
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:
- Koss KOSS - P/E: 4.55
- Himax Techs HIMX - P/E: 8.58
- MIND C.T.I. MNDO - P/E: 7.35
- Velo3D VLD - P/E: 8.73
- Richardson Electronics RELL - P/E: 8.63
Most recently, Koss reported earnings per share at $-0.03, whereas in Q2 earnings per share sat at $-0.12. Its most recent dividend yield is at 4.25%, which has decreased by 0.35% from 4.6% in the previous quarter.
Himax Techs has reported Q1 earnings per share at $0.12, which has decreased by 57.88% compared to Q4, which was 0.27. Its most recent dividend yield is at 7.0%, which has decreased by 8.68% from 15.68% in the previous quarter.
MIND C.T.I. saw a decrease in earnings per share from 0.07 in Q1 to $0.06 now. The company's most recent dividend yield sits at 10.32%, which has increased by 1.62% from 8.7% last quarter.
Velo3D has reported Q1 earnings per share at $-0.09, which has decreased by 12.5% compared to Q4, which was -0.08. Richardson Electronics's earnings per share for Q4 sits at $0.11, whereas in Q3, they were at 0.44. The company's most recent dividend yield sits at 1.5%, which has increased by 0.39% from 1.11% last 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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