Overview Of Value Stocks In The Technology Sector
Portfolio Pulse from Benzinga Insights
The article provides an overview of value stocks in the technology sector, highlighting five companies: ScanSource (SCSC), Consensus Cloud Solutions (CCSI), Surgepays (SURG), United Microelectronics (UMC), and Daqo New Energy (DQ). The companies are considered undervalued based on their low P/E multiples. The article also provides recent earnings per share data and dividend yield for UMC.
October 10, 2023 | 2:41 pm
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POSITIVE IMPACT
Consensus Cloud Solutions, with a P/E of 7.23, is a value stock. Its earnings per share increased from 1.1 to $1.36.
The increase in earnings per share for Consensus Cloud Solutions, combined with its low P/E ratio, could make it attractive to value investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Surgepays is a value stock with a P/E of 5.69. Its earnings per share increased by 25.0% from Q1 to Q2.
Surgepays' significant increase in earnings per share and low P/E ratio could make it an attractive option for value investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
ScanSource is considered a value stock with a P/E of 9.24. Its earnings per share recently decreased from $0.96 to $0.76.
ScanSource's lower earnings per share might concern some investors, but its low P/E ratio indicates it's undervalued, which could attract value investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Daqo New Energy is a value stock with a P/E of 1.98. Its earnings per share decreased from 3.93 in Q1 to $1.75 in Q2.
Despite its extremely low P/E ratio, the significant decrease in earnings per share for Daqo New Energy might concern investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
United Microelectronics is a value stock with a P/E of 7.12. Its earnings per share decreased by 5.12% from Q1 to Q2, and its dividend yield decreased from 5.34% to 2.28%.
The decrease in earnings per share and dividend yield for United Microelectronics might concern investors, despite its low P/E ratio.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100