Understanding 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.
The following stocks are considered to be notable value stocks in the healthcare sector:
- Cross Country Healthcare CCRN - P/E: 6.47
- Akerna KERN - P/E: 0.07
- Viatris VTRS - P/E: 6.09
- Quoin Pharmaceuticals QNRX - P/E: 0.01
- Adial Pharmaceuticals ADIL - P/E: 0.02
Cross Country Healthcare has reported Q3 earnings per share at $0.39, which has decreased by 43.48% compared to Q2, which was 0.69. Most recently, Akerna reported earnings per share at $-0.52, whereas in Q1 earnings per share sat at $-0.48. This quarter, Viatris experienced an increase in earnings per share, which was $0.75 in Q2 and is now $0.79. The company's most recent dividend yield sits at 4.59%, which has decreased by 0.73% from 5.32% last quarter.
Quoin Pharmaceuticals's earnings per share for Q3 sits at $-1.95, whereas in Q2, they were at -2.13. Adial Pharmaceuticals's earnings per share for Q2 sits at $-1.33, whereas in Q1, they were at -2.75.
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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