The importance of value stocks
A value stock is traditionally defined in terms of how investors in the market evaluate the future growth prospects of that company. Low P/E multiples are good basic indicators that the company is undervalued and can most likely be labeled a value stock.
The following stocks are considered notable value stocks in the healthcare sector:
- Vir biotechnology VIR – P/E: 3.0
- BioNTech BNTX – P/E: 3.32
- SIGA Technologies SIGA – P/E: 4.78
- QuidelOrtho QDEL – P/E: 9.53
- SensusHealthcare SRTS – P/E: 4.88
Most recently, Vir Biotechnology reported earnings per share of $1.3, while second quarter earnings per share were -$0.58. BioNTech reported an increase in earnings per share from $6.87 in the second quarter to now $7.04. Most recently, SIGA Technologies reported earnings per share of $0.45, while second quarter earnings per share were $0.03. QuidelOrtho reported fourth-quarter earnings per share of $1.76, down 4.86% from the third-quarter figure of 1.85. This quarter, Sensus Healthcare reported an increase in earnings per share, which was $0.11 in the third quarter and is now $0.17.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical assessment process is not intended to make definitive decisions, our technology can provide investors with additional insight into the sector.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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