Benzinga | Mar 9, 2021 09:47AM EST

5 Value Stocks In The Technology Sector

What are Value Stocks?

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.

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

2 Hamilton Beach Brands (NYSE:HBB) - P/E: 8.62

4 Synnex (NYSE:SNX) - P/E: 9.23

6 Inpixon (NASDAQ:INPX) - P/E: 0.06

8 Nortech Systems (NASDAQ:NSYS) - P/E: 9.2

10 Ebix (NASDAQ:EBIX) - P/E: 8.97

This quarter, Hamilton Beach Brands experienced a decrease in earnings per share, which was 0.59 in Q2 and is now -0.15. Its most recent dividend yield is at 2.13%, which has increased by 0.18% from 1.95% in the previous quarter.

This quarter, Synnex experienced an increase in earnings per share,which was 3.33 in Q3 and is now 5.21. The company's most recent dividend yield sits at 0.92%, which has decreased by 0.34% from 1.26% last quarter.

Inpixon saw an increase in earnings per share from -0.21 in Q2 to -0.13 now. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

This quarter, Nortech Systems experienced a decrease in earnings per share, which was -0.05 in Q2 and is now -0.35. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

This quarter, Ebix experienced an increase in earnings per share, which was 0.88 in Q2 and is now 0.93. Most recently, the company reported a dividend yield of 0.59%, which has decreased by 0.39% from last quarter's yield of 0.98%.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.