5 Value Stocks In The Technology Sector

What Defines 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.

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

1. Vishay Intertechnology VSH - P/E: 8.7
2. Movella Holdings MVLA - P/E: 0.17
3. Daqo New Energy DQ - P/E: 3.12
4. Arrow Electronics ARW - P/E: 6.64
5. Bel Fuse BELFB - P/E: 8.69

Vishay Intertechnology has reported Q3 earnings per share at $0.6, which has decreased by 11.76% compared to Q2, which was 0.68. The company's most recent dividend yield sits at 1.49%, which has decreased by 0.08% from 1.57% last quarter.

Movella Holdings has been featured as a value stock. Movella Holdings's Q2 EPS sits at $-0.12, which has not changed since last quarter (Q1). Daqo New Energy's earnings per share for Q3 sits at $0.59, whereas in Q2, they were at 1.75. Arrow Electronics saw a decrease in earnings per share from 4.37 in Q2 to $4.14 now. This quarter, Bel Fuse experienced a decrease in earnings per share, which was $1.99 in Q2 and is now $1.68. Most recently, the company reported a dividend yield of 0.52%, which has decreased by 0.01% from last quarter's yield of 0.53%.

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.