Understanding 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.
Below is a list of notable value stocks in the healthcare sector:
- POINT Biopharma Global PNT - P/E: 7.43
- Leafly Holdings LFLY - P/E: 6.04
- Disc Medicine IRON - P/E: 5.36
- Helius Medical Tech HSDT - P/E: 0.15
- Aprea Therapeutics APRE - P/E: 0.15
POINT Biopharma Global has reported Q2 earnings per share at $-0.24, which has decreased by 50.0% compared to Q1, which was -0.16. This quarter, Leafly Holdings experienced an increase in earnings per share, which was $-0.14 in Q1 and is now $-0.04. Disc Medicine saw an increase in earnings per share from -1.2 in Q1 to $-0.74 now. Helius Medical Tech has reported Q2 earnings per share at $-3.0, which has increased by 33.33% compared to Q1, which was -4.5. Aprea Therapeutics has reported Q2 earnings per share at $-0.87, which has increased by 35.07% compared to Q1, which was -1.34.
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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