Seeking Alpha
Recommended for you:
Value
Profile| Send Message|
( followers)  

Interested in technology companies? Do you look for companies with low debt? Interested in companies with minimal long term debt? Do you prefer stocks that analysts rate as 'Strong Buy'? For ideas on where to look, we ran a screen you might find interesting.

The Debt/Equity Ratio illustrates how aggressively a company is financing its growth via debt. The more debt financing that is used in a capital structure, the more volatile earnings can become due to the additional interest expense. Should a company's potentially enhanced earnings fail to exceed the cost associated with debt financing over time, this can lead the company toward substantial trouble.

The Long Term Debt/Equity Ratio illustrates how aggressively a company is financing its growth via debt. The more debt financing that is used in a capital structure, the more volatile earnings can become due to the additional interest expense. Should a company's potentially enhanced earnings fail to exceed the cost associated with debt financing over time, this can lead the company toward substantial trouble.

We first looked for technology stocks. We then looked for businesses that have maintained a sound capital structure (D/E Ratio<.3). We then looked for businesses that have maintained a sound long-term capital structure (Long Term D/E Ratio<.1). Next, we then screened for businesses that analysts rate as "Strong Buy" (mean recommendation < 2). We did not screen out any market caps.

Do you think these stocks will go up in price? Use this list as a starting-off point for your own analysis.

American Software, Inc. (NASDAQ:AMSWA)

Sector:Technology
Industry:Application Software
Market Cap:$228.17M
Beta:0.92

American Software, Inc. has a Debt/Equity Ratio of 0.00, Long Term Debt/Equity Ratio of 0.00 and Analysts' Rating of 1.00. The short interest was 3.31% as of 05/09/2012. American Software, Inc. and its subsidiaries develop, market, and support a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions worldwide. The company operates in three segments: Supply Chain Management, Enterprise Resource Planning, and Information Technology Consulting. The Supply Chain Management segment provides collaborative supply chain solutions, which include supply chain planning, inventory optimization, manufacturing, and transportation and logistics solutions to streamline the market planning, management, production, and distribution of products for manufacturers, suppliers, distributors, and retailers.

Alliance Fiber Optic Products Inc. (NASDAQ:AFOP)

Sector:Technology
Industry:Communication Equipment
Market Cap:$72.95M
Beta:1.27

Alliance Fiber Optic Products Inc. has a Debt/Equity Ratio of 0.00, Long Term Debt/Equity Ratio of 0.00 and Analysts' Rating of 1.00. The short interest was 0.63% as of 05/09/2012. Alliance Fiber Optic Products, Inc. engages in the design, manufacture, and marketing of a range of fiber optic components and integrated modules incorporating these components to communications equipment manufacturers and service providers in North America, Europe, and Asia. The company offers interconnect devices that are used to connect optical fibers and components; couplers and splitters that are used to divide and combine optical power; and dense wavelength division multiplexing (DWDM) devices that separate and combine multiple specific wavelengths. Its connectivity products include connectivity modules; optical connectors, adapters, and cable assemblies; fused and planar fiber optical splitters and couplers; optical tap couplers and ultra low polarization dependent loss tap couplers; amplifier wave division multiplexing (WDM) couplers; optical fixed attenuators; and fused fiber WDM couplers.

The Active Network, Inc. (NYSE:ACTV)

Sector:Technology
Industry:Application Software
Market Cap:$858.59M
Beta:-

The Active Network, Inc. has a Debt/Equity Ratio of 0.04, Long Term Debt/Equity Ratio of 0.00 and Analysts' Rating of 1.30. The short interest was 3.70% as of 05/09/2012. The Active Network, Inc. provides organization-based cloud computing applications services to business customers in North America, Europe, and internationally. The company offers ActiveWorks, an organization-based cloud computing platform, which transforms the way organizers record, track, manage, and share information regarding activities and events. Its ActiveWorks back-office system pulls customers' participant management, operational reporting, volunteer management, and service and payment processing functions into one hosted system.

Authentidate Holding Corp. (NASDAQ:ADAT)

Sector:Technology
Industry:Healthcare Information Services
Market Cap:$39.27M
Beta:1.15

Authentidate Holding Corp. has a Debt/Equity Ratio of 0.00, Long Term Debt/Equity Ratio of 0.00 and Analysts' Rating of 1.00. The short interest was 2.34% as of 05/09/2012. Authentidate Holding Corp. provides secure Web-based software applications and telehealth products and services in the United States. It offers Inscrybe Healthcare, a Web-based health information exchange and workflow automation solution that enables healthcare industry participants to exchange and track a range of documents, certificates, authorizations, and other information over various modes of communication, including electronic and fax delivery; Inscrybe Office, a Web-based service to sign, seal, and confirm receipt of important documents; and AuthentiProof, a content integrity and time-and-date stamp application. The company also provides the in-home ExpressMD solution, which integrates Electronic House Call in-home patient vital signs monitoring system with a software interface based on the Inscrybe Healthcare platform.

Axcelis Technologies Inc. (NASDAQ:ACLS)

Sector:Technology
Industry:Semiconductor Equipment & Materials
Market Cap:$130.71M
Beta:2.53

Axcelis Technologies Inc. has a Debt/Equity Ratio of 0.00, Long Term Debt/Equity Ratio of 0.00 and Analysts' Rating of 1.50. The short interest was 2.81% as of 05/09/2012. Axcelis Technologies, Inc., together with its subsidiaries, designs, manufactures, and services ion implantation, dry strip, and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. It offers a line of high energy, high current, and medium current ion implanters for various applications, such as line of single wafer implanters, known as the Optima platform, comprising the Optima XE, the Optima HD, and the Optima MD. The company also offers dry strip tools, including the Integra RS, which comprises paired-chamber process modules.

Agilysys Inc. (NASDAQ:AGYS)

Sector:Technology
Industry:Application Software
Market Cap:$190.88M
Beta:2.38

Agilysys Inc. has a Debt/Equity Ratio of 0.01, Long Term Debt/Equity Ratio of 0.00 and Analysts' Rating of 1.00. The short interest was 2.46% as of 05/09/2012. Agilysys, Inc., together with its subsidiaries, provides information technology (IT) solutions to corporate and public-sector customers primarily in North America. It operates in three segments: Hospitality Solutions Group (HSG), Retail Solutions Group (RSG), and Technology Solutions Group (TSG). The HSG segment offers application software and services that streamline management of operations, property, and inventory for customers in the gaming, hotel and resort, cruise lines, food management services, and sports and entertainment markets.

*Company profiles were sourced from Finviz.

Source: 6 Technology Stocks With Little Foreseeable Debt