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.
The following stocks are considered to be notable value stocks in the technology sector:
- FiscalNote Holdings NOTE - P/E: 3.43
- BOS Better Online Solns BOSC - P/E: 7.42
- ClearOne CLRO - P/E: 0.99
- Immersion IMMR - P/E: 6.15
- JinkoSolar Holding Co JKS - P/E: 3.44
This quarter, FiscalNote Holdings experienced an increase in earnings per share, which was $-0.23 in Q2 and is now $-0.11. Most recently, BOS Better Online Solns reported earnings per share at $0.05, whereas in Q2 earnings per share sat at $0.11. This quarter, ClearOne experienced a decrease in earnings per share, which was $-0.04 in Q2 and is now $-0.05. Most recently, Immersion reported earnings per share at $0.12, whereas in Q2 earnings per share sat at $0.28. Its most recent dividend yield is at 2.68%, which has increased by 1.01% from 1.67% in the previous quarter.
Most recently, JinkoSolar Holding Co reported earnings per share at $3.31, whereas in Q2 earnings per share sat at $3.52.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.