A Look Into Healthcare Sector Value Stocks


The Meaning Behind Value Stocks

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

The following stocks are considered to be notable value stocks in the healthcare sector:

  1. Agile Therapeutics AGRX - P/E: 0.02
  2. Helius Medical Tech HSDT - P/E: 9.45
  3. Catalyst Biosciences CBIO - P/E: 1.6
  4. Harmony Biosciences HRMY - P/E: 9.73
  5. Organon OGN - P/E: 7.85

Agile Therapeutics's earnings per share for Q2 sits at $-3.1, whereas in Q1, they were at -7.76. Most recently, Helius Medical Tech reported earnings per share at $-0.06, whereas in Q1 earnings per share sat at $-0.09. Catalyst Biosciences saw an increase in earnings per share from -1.28 in Q4 to $0.01 now. This quarter, Harmony Biosciences experienced an increase in earnings per share, which was $0.66 in Q1 and is now $0.76. Organon has reported Q2 earnings per share at $1.31, which has increased by 18.02% compared to Q1, which was 1.11. The company's most recent dividend yield sits at 5.14%, which has increased by 0.52% from 4.62% last quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

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