U.S. Markets closed
  • S&P 500

    3,870.29
    -31.53 (-0.81%)
     
  • Dow 30

    31,391.52
    -143.99 (-0.46%)
     
  • Nasdaq

    13,358.79
    -230.04 (-1.69%)
     
  • Russell 2000

    2,231.51
    -43.81 (-1.93%)
     
  • Crude Oil

    59.37
    -0.38 (-0.64%)
     
  • Gold

    1,734.40
    +0.80 (+0.05%)
     
  • Silver

    26.78
    -0.10 (-0.37%)
     
  • EUR/USD

    1.2093
    +0.0006 (+0.0484%)
     
  • 10-Yr Bond

    1.4150
    -0.0310 (-2.14%)
     
  • Vix

    24.10
    +0.75 (+3.21%)
     
  • GBP/USD

    1.3956
    -0.0000 (-0.0014%)
     
  • USD/JPY

    106.7110
    +0.0010 (+0.0009%)
     
  • BTC-USD

    48,321.45
    -1,006.51 (-2.04%)
     
  • CMC Crypto 200

    957.46
    -29.19 (-2.96%)
     
  • FTSE 100

    6,613.75
    +25.22 (+0.38%)
     
  • Nikkei 225

    29,408.17
    0.00 (0.00%)
     

Overview Of Value Stocks In The Healthcare Sector

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

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 labeled as a value stock.

The following stocks are considered to be notable value stocks in the healthcare sector:

  1. Ocugen (NASDAQ: OCGN) - P/E: 0.05

  2. Coherus BioSciences (NASDAQ: CHRS) - P/E: 7.39

  3. Oncternal Therapeutics (NASDAQ: ONCT) - P/E: 1.96

  4. OpGen (NASDAQ: OPGN) - P/E: 2.94

  5. Karuna Therapeutics (NASDAQ: KRTX) - P/E: 0.16

Ocugen has reported Q2 earnings per share at -0.19, which has decreased by 171.43% compared to Q1, which was -0.07. Ocugen does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Most recently, Coherus BioSciences reported earnings per share at 0.81, whereas in Q1 earnings per share sat at 0.48. Coherus BioSciences does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Oncternal Therapeutics saw a decrease in earnings per share from -0.31 in Q1 to -0.34 now. Oncternal Therapeutics does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

OpGen’s earnings per share for Q2 sits at -0.49, whereas in Q1, they were at -0.43. OpGen does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Karuna Therapeutics has reported Q2 earnings per share at -0.65, which has decreased by 96.97% compared to Q1, which was -0.33. Karuna Therapeutics does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.