Overview Of Value Stocks In The Healthcare Sector

What is a Value Stock?

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:

1. AcelRx Pharmaceuticals ACRX - P/E: 0.16
2. Innoviva INVA - P/E: 5.08
3. Allarity Therapeutics ALLR - P/E: 0.01
4. Organon OGN - P/E: 7.6
5. Dynavax Technologies DVAX - P/E: 9.11

AcelRx Pharmaceuticals has reported Q1 earnings per share at $-0.75, which has increased by 25.0% compared to Q4, which was -1.0. This quarter, Innoviva experienced an increase in earnings per share, which was $-0.98 in Q4 and is now $0.42. Allarity Therapeutics saw an increase in earnings per share from -322.0 in Q4 to $-177.2 now. Most recently, Organon reported earnings per share at $1.11, whereas in Q4 earnings per share sat at $0.81. The company's most recent dividend yield sits at 4.62%, which has increased by 0.79% from 3.83% last quarter.

Dynavax Technologies saw a decrease in earnings per share from 0.45 in Q4 to $-0.19 now.

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.