5 Value Stocks In The Technology Sector
Portfolio Pulse from Benzinga Insights
The article identifies five value stocks in the technology sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. Arrow Electronics (ARW) has a P/E of 6.52 but experienced a decrease in EPS from $4.37 to $4.14. STMicroelectronics (STM) has a P/E of 9.8, with EPS increasing from $1.06 to $1.16 and a stable dividend yield of 0.49%. FiscalNote Holdings (NOTE) has a P/E of 3.03, with EPS improving from -$0.23 to -$0.11. Vishay Intertechnology (VSH) has a P/E of 9.3, with a decrease in EPS from $0.68 to $0.6 but an increased dividend yield from 1.49% to 1.78%. Immersion (IMMR) has a P/E of 6.05, with a decrease in EPS from $0.28 to $0.12 and an increased dividend yield from 1.67% to 2.68%. These stocks were selected by Benzinga Insights using quantified analysis.
January 09, 2024 | 2:41 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Arrow Electronics has a low P/E of 6.52 but saw a decrease in EPS from $4.37 to $4.14.
The low P/E ratio indicates value, but the decrease in EPS could temper investor enthusiasm in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Immersion has a P/E of 6.05, with EPS decreasing from $0.28 to $0.12 but an increased dividend yield from 1.67% to 2.68%.
The significant increase in dividend yield may attract income-focused investors despite the drop in EPS.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Vishay Intertechnology has a P/E of 9.3, with EPS decreasing from $0.68 to $0.6 but an increased dividend yield from 1.49% to 1.78%.
The decrease in EPS is a negative factor, but the increase in dividend yield could offset this and maintain investor interest.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
FiscalNote Holdings has a P/E of 3.03, with an improvement in EPS from -$0.23 to -$0.11.
The improvement in EPS could be a positive signal to investors, and the low P/E ratio may indicate the stock is undervalued.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
STMicroelectronics has a P/E of 9.8, with EPS increasing from $1.06 to $1.16 and a stable dividend yield of 0.49%.
The increase in EPS and stable dividend yield are positive signs that could attract investors, potentially driving the stock price up.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80