What is a Value Stock?
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.
Below is a list of notable value stocks in the technology sector:
- Micron Technology (NASDAQ:MU) - P/E: 7.14
- Amtech Systems (NASDAQ:ASYS) - P/E: 6.6
- Telesat (NASDAQ:TSAT) - P/E: 8.11
- BlackSky Technology (NYSE:BKSY) - P/E: 5.27
- AGM Gr Hldgs (NASDAQ:AGMH) - P/E: 9.53
This quarter, Micron Technology experienced a decrease in earnings per share, which was $2.59 in Q3 and is now $1.45. Most recently, the company reported a dividend yield of 0.9%, which has increased by 0.08% from last quarter's yield of 0.82%.
Amtech Systems's earnings per share for Q4 sits at $0.3, whereas in Q3, they were at -0.16. Telesat saw a decrease in earnings per share from -0.13 in Q2 to $-3.6 now. BlackSky Technology's earnings per share for Q3 sits at $-0.11, whereas in Q2, they were at -0.22. AGM Gr Hldgs's earnings per share for Q4 sits at $0.17, whereas in Q3, they were at 0.01.
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.