What are 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.
Below is a list of notable value stocks in the technology sector:
- Daqo New Energy DQ - P/E: 2.66
- Surgepays SURG - P/E: 6.1
- TSR TSRI - P/E: 9.36
- Richardson Electronics RELL - P/E: 7.57
- Immersion IMMR - P/E: 5.5
Most recently, Daqo New Energy reported earnings per share at $1.75, whereas in Q1 earnings per share sat at $3.93. Most recently, Surgepays reported earnings per share at $0.4, whereas in Q1 earnings per share sat at $0.32. TSR's earnings per share for Q4 sits at $0.22, whereas in Q3, they were at 0.04. Richardson Electronics saw a decrease in earnings per share from 0.44 in Q3 to $0.11 now. The company's most recent dividend yield sits at 1.5%, which has increased by 0.39% from 1.11% last quarter.
Immersion's earnings per share for Q2 sits at $0.28, whereas in Q1, they were at 0.33. Its most recent dividend yield is at 1.67%, which has decreased by 0.12% from 1.79% 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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