What defines a value stock?
A value stock traditionally has a lower price than stocks of companies in the same industry. This indicates that the company may be undervalued because investors are not showing as much interest in these companies. The most common way to check value is through the price/earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
The following stocks are considered notable value stocks in the technology sector:
- Bel Fuse (NASDAQ: BELFA) – C/P: 9.85
- IT working group (NASDAQ:CTG) – P/E: 9.66
- Kulicke & Soffa Indus (NASDAQ:KLIC) – P/E: 7.53
- O2Micro International (NASDAQ:OIIM) – P/E: 7.64
- optical cable (NASDAQ: OCC) – C/P: 4.95
Bel Fuse earnings per share for the fourth quarter came in at $0.65, while in the third quarter it was 0.48. Most recently, the company reported a dividend yield of 1.21%, down 0.31% from last quarter’s 1.52% yield.
Computer Task Group saw its earnings per share fall from 0.13 in Q3 to $0.25 currently. The company’s most recent dividend yield sits at 3.72%, down 1.08% from 4.8% last quarter.
Most recently, Kulicke & Soffa Indus reported earnings per share of $2.19, while fourth quarter earnings per share were $2.17. Its most recent dividend yield is 1.29%, down 0.09% from 1.38% in the previous quarter.
O2Micro Intl saw its earnings per share decline from 0.12 in Q3 to $0.09 now. Optical cable saw its earnings per share decline from 0.05 in the third quarter to $0.0 currently. Most recently, the company announced a dividend yield of 2.45%, which is down 0.0% from last quarter’s 2.45% yield.
These 5 value stocks were selected by Glimpses of Benzinga based on a numerical analysis. Although this methodical judgment process is not intended to make final decisions, our technology can give investors additional insight into the sector.