The Meaning Behind 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.
Below is a list of notable value stocks in the healthcare sector:
- Quoin Pharmaceuticals QNRX - P/E: 2.43
- BioNTech BNTX - P/E: 7.66
- Nuwellis NUWE - P/E: 0.02
- TherapeuticsMD TXMD - P/E: 0.47
- Syros Pharmaceuticals SYRS - P/E: 8.32
Quoin Pharmaceuticals saw an increase in earnings per share from -2.13 in Q2 to $-1.95 now. Most recently, BioNTech reported earnings per share at $0.73, whereas in Q2 earnings per share sat at $-0.86. Most recently, Nuwellis reported earnings per share at $-1.81, whereas in Q2 earnings per share sat at $-3.65. TherapeuticsMD's earnings per share for Q3 sits at $-0.13, whereas in Q2, they were at -0.24. This quarter, Syros Pharmaceuticals experienced a decrease in earnings per share, which was $-1.3 in Q2 and is now $-1.43.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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