Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

A Look Into Technology Sector Value Stocks

Author: Benzinga Insights | September 26, 2023 10:41am

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.

Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching:

  1. Daqo New Energy (NYSE:DQ) - P/E: 2.3
  2. IBEX (NASDAQ:IBEX) - P/E: 9.28
  3. STMicroelectronics (NYSE:STM) - P/E: 9.19
  4. ChipMOS TECHNOLOGIES (NASDAQ:IMOS) - P/E: 8.25
  5. Canadian Solar (NASDAQ:CSIQ) - P/E: 4.34

Most recently, Daqo New Energy reported earnings per share at $1.75, whereas in Q1 earnings per share sat at $3.93. Most recently, IBEX reported earnings per share at $0.33, whereas in Q3 earnings per share sat at $0.59. STMicroelectronics's earnings per share for Q2 sits at $1.06, whereas in Q1, they were at 1.1. Most recently, the company reported a dividend yield of 0.49%, which has ('', 'not changed') by 0.0% from last quarter's yield of 0.49%.

ChipMOS TECHNOLOGIES's earnings per share for Q2 sits at $0.56, whereas in Q1, they were at 0.18. Most recently, the company reported a dividend yield of 8.81%, which has increased by 4.61% from last quarter's yield of 4.2%.

Canadian Solar saw an increase in earnings per share from 1.19 in Q1 to $2.39 now.

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.

Posted In: CSIQ DQ IBEX IMOS STM