5 Value Stocks In The Healthcare 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 healthcare sector that may be worth watching:

1. Palisade Bio PALI - P/E: 0.14
2. Acumen Pharmaceuticals ABOS - P/E: 3.12
3. Vir Biotechnology VIR - P/E: 6.18
4. Athersys ATHX - P/E: 0.9
5. Spok Holdings SPOK - P/E: 8.78

Palisade Bio has reported Q3 earnings per share at $-4.0, which has increased by 33.33% compared to Q2, which was -6.0. Acumen Pharmaceuticals saw a decrease in earnings per share from -0.25 in Q2 to $-0.26 now. Most recently, Vir Biotechnology reported earnings per share at $-0.76, whereas in Q3 earnings per share sat at $1.3. Athersys saw an increase in earnings per share from -2.25 in Q2 to $-1.15 now. Most recently, Spok Holdings reported earnings per share at $0.12, whereas in Q3 earnings per share sat at $0.15. Its most recent dividend yield is at 13.94%, which has decreased by 1.57% from 15.51% in the previous quarter.

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.