What is 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.
The following stocks are considered to be notable value stocks in the technology sector:
- NCR (NYSE:NCR) - P/E: 5.99
- China Index Holdings (NASDAQ:CIH) - P/E: 3.59
- Inpixon (NASDAQ:INPX) - P/E: 0.04
- Ebix (NASDAQ:EBIX) - P/E: 6.81
- Canadian Solar (NASDAQ:CSIQ) - P/E: 7.09
NCR has reported Q2 earnings per share at 0.27, which has decreased by 12.9% compared to Q1, which was 0.31. NCR does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
China Index Holdings looks to be undervalued. It possesses an EPS of 0.1, which has not changed since last quarter (Q1). China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
This quarter, Inpixon experienced an increase in earnings per share, which was -0.92 in Q1 and is now -0.21. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Ebix saw a decrease in earnings per share from 0.96 in Q1 to 0.88 now. Its most recent dividend yield is at 1.2%, which has decreased by 0.23% from 1.43% in the previous quarter.
Canadian Solar has reported Q2 earnings per share at 0.09, which has decreased by 95.11% compared to Q1, which was 1.84. Canadian Solar does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
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.